Shilling starts week on strong footing
The local unit started the week on a strong footing supported by dollar inflows from commodity exporters, as corporate demand continued to lie low, a report by Richard Nsubuga, a…
SOMACHI CHRIS-ASOLUKA IS THE NEW TEF CHIEF
The Board of Trustees of the Tony Elumelu Foundation, the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the appointment of Somachi Chris-Asoluka as Chief…
Christmas remittances shoring up shilling
It was a quiet session on Wednesday with the shilling trading within a narrow range between the 3637/3647 levels according to a report by Catherine Kijjagulwe, Head of Trading at…
Agilitee founder, Dr Lamba speaks on why frugality is essential during the festive season
Dr. Mandla Lamba is an African Billionaire who is the richest person in South Africa and the second richest man in Africa with a net worth of $18. billion, this…
U.S Secretary of State, Sec Blinken; Tony Elumelu, convene U.S. and African entrepreneurs, investors, and policymakers, for Opening Reception of U.S.-Africa Leaders Summit
Picture Caption: Founder, Tony Elumelu Foundation and Group Chairman, United Bank for Africa(UBA), Tony Elumelu, CFR; United States Secretary of State, Anthony Blinken; and Co-Founder, Tony Elumelu Foundation, Dr. Awele…
Shilling closes week on a high
The shilling strengthened during Friday’s session to close the day at the 3725/3735 levels from opening levels of 3740/3750, a report by Catherine Kijjagulwe, Head of Trading at Absa Bank…
Gen. Museveni passes out NWSC staff as body Marks 5 Decades of Excellence
The National Water and Sewerage Corporation (NWSC) has marked 50 years of passionate and dedicated service to the people of Uganda. During a grand ceremony at the Kololo Independence grounds,…
Uganda’s Entebbe international airport mandates digital health ticket
All Passengers in and out of Uganda’s Entebbe Airport are now required to fill in a digital Ministry of Health declaration form (within 24 hours prior to travel), the Country’s…
Shilling up due to subdued demand for hard currency, healthy inflows
Catherine Kijjagulwe, Head of Trading at Absa Bank Uganda, pointed out that the shilling had maintained its strength during Tuesday’s session, closing the day at highs of 3750/3760 during an…
Agilitee to shakeup ride hailing industry with Green 8 Mile Ev app
Africa’s Green Revolution Leader and top entrepreneur Billionaire Dr. Mandla Lamba has now unveiled what is set to be the world’s first full electric vehicles e-hailing platform known as Green…