The principal Act is proposed to be amended in section 19B by inserting immediately after subsection (6) the following— “(6a) A person who makes an unauthorised interference to, or tampers …
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The Lotteries and Gaming Act, 2016 is amended by substituting Schedule 4 which provides for a rate of twenty percent (20%) of the total amount of money staked less the …
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Latest NewsManufacturingNews
Uganda Baati takes part in Kabaka Birthday Run in efforts to fight HIV/AIDS in Uganda
Uganda Baati, the leading manufacturer and supplier of quality building solutions in Uganda, joined thousands of cheerful runners on Sunday to support the Kabaka Birthday Run, a charitable celebration aimed …
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Latest NewsNewsTelecoms
MTN Uganda Launches ‘API as a Service’ to Accelerate Digital Transformation for Enterprises
MTN Uganda has announced the launch of its new MTN ‘API as a Service’, a solution that provides third parties access to its proprietary software platform. This new service enables …
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Banking & SavingsFinanceLatest NewsNews
Improved output in March fails to rouse employment—finds Stanbic PMI survey
The first quarter of the year ended with a largely positive outlook as strengthening customer demand continued to drive improvements in business conditions in the Ugandan private sector, according to …
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PostBank Uganda has today announced its financial results with a 19% increase in net profit for the year ended December 31st, 2022. The state-owned bank reported a net profit of …
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Non-Governmental Organisations(NGO) play a critical role in the socioeconomic development of a country, whether that be the creation of citizen agency or creating employment for thousands of citizens. In the …
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Charity Kamusiime is a Ugandan qualified professional marketer with over a decade of practical marketing experience. She is the current Group Marketing Manager-Consumer Banking, Customer Engagement and Support functions of …
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Government is set to pay US$215 million to acquire majority shares of power distributor, Umeme. The move comes as Umeme’s 20 year contract comes to a close in 2025, …
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Latest NewsNewsTechnology
UDB, Partners launch financial technology solution for smallholder farmers in Uganda
Uganda Development Bank (UDB), the country’s national Development Finance Institution, in partnership with Ensibuuko, European Union, United Nations Capital Development Fund (UNCDF), and Food and Agriculture Organization (FAO) launched a …