Business

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Rwandan Refugees to Be Thrown Out Of Uganda

The government of Uganda is considering cancelling the refugee status of thousands of Rwandans living in Uganda. The announcement was…

Bank of Uganda doesn’t know when Teefe Bank was closed

Drama ensued at parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) after officials from the bank of Uganda…

Chinese to Construct Ntoroko-Bunia Bridge

The Government of Uganda and a Chinese group known as Shanghai Construction Company Ltd, have signed a Memorandum of Understanding…

ADF Rebels Kill 7 UN Peace Keepers in Congo

At least seven United Nations peacekeepers in the Democratic Republic of Congo were killed during the offensive launched Wednesday by…

Museveni Orders Military to Take Over Chinese Investors’ Security

President Yoweri Museveni has instituted an operation to strengthen security around all Industrial Parks and factories in the country. “I…

Burundi Cancels Flight Route for Unbefitting Jambo Jet

A new flight between Bujumbura, Burundi and Nairobi, Kenya has been canceled by the Burundi government because there is no…

Dfcu Bank Embarks On Merging Branches As Massive Staff Exit, Liquidity Crisis Bite Harder

The embattled Dfcu bank has embarked on a process to merge its branches across the country as a way of…

UN War Planes Bombard ADF Rebel Strongholds in Death Triangle

The Congolese armed forces supported by the MONUSCO intervention brigade have this morning bombed positions of the Ugandan ADF rebels…

Kenyatta Sends Delegation to Juba amidst Strained Relations

(JUBA) – Kenya’s president has finally sent a delegation to Juba to deliver his congratulatory message to his counterpart Salva…

SHAME: Fake Company Which Bought 3 Banks Paid Only 20k to Govt as Tax

A fake foreign company to which Bank of Uganda sold assets and liabilities of International Credit Bank (ICB) Limited, Greenland…
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