Category «Business»

Work on Entebbe Express Highway to kick off

The Uganda National Roads Authority has finalized plans to begin construction of the Entebbe Express Highway. The Authority Spokesman Dan Alinange says work is to start tomorrow with a ground breaking ceremony to be witnessed by President Museveni. Alinange says that they do not expect to meet any challenges after compensating over 250 people to …

City businessman Kashoma acquitted of fraud charges

City business man Justus Kashoma has been acquitted of attempting to defraud Stanbic Bank. Kashoma was charged together with five people including Bank officials who were acquitted last year for lack of sufficient evidence. He was arrested at Stanbic Bank’s Garden City Branch in Kampala for allegedly trying to withdraw $ 500,000 in cash. The …

Pioneer Easy Bus hikes rates

Pioneer Easy Bus Company has hiked transport fares, following up on a threat issued last week. Passengers traveling to the areas of Mbuya and Bugolobi now have to part with Shs 1000 up from Shs 500 charged previously. Those traveling to destinations like Seeta and Bweyogerere are being charged Shs 1500 compared to the Shs …

Pension scam: CID raids law firm

Officials from the Criminal Investigation Department Investigating the pension scam have raided a law firm in relation to the saga. The firm called O.N Osinde and Company Advocates is located near Cairo International Bank Kampala road and is said to be defending the two suspects implicated in the pension scam The investigators have confiscated files …

Aguilera advises in Daily Monitor Thought Leaders Forum

With the growing innovations in technology that seem to be eroding jobs, the former Chief Executive Officer of Google Isabel Aguilera has advised employers to balance between embracing technology and retaining human resource. Speaking during the Daily Monitor Thought Leaders Forum Aguilera noted technology is leading to unemployment, affecting economic growth. She says this practice …