Business

Bank Manager Robs Own Bank

Bank Manager Robs Own Bank

Police in Kasese district are investigating circumstances under which the Manager of Centenary Bank Bwera Branch allegedly robbed his bank of over Shs 500 million. It is alleged that on October 7, branch manager and the chief cashier entered the strong room at around 6.30 pm

David Kugonza

October 12th, 2016

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Break-away Traders’ Faction Attacks KACITA

Break-away Traders’ Faction Attacks KACITA

A section of city traders has fallen out with the current leadership of the Kampala City Traders’ Association (KACITA) and formed the Kampala Arcaders Traders Association (KATA) accusing the former of failing to address their grievances. The spokesperson of newly ...

Reporter

October 11th, 2016

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Mores support needed for women in business

Mores support needed for women in business

The government has expressed concern over the high rate of failing businesses owned by women. Commissioner in charge of domestic trade Raymond Agaba says while many women have attempted to startup businesses, often times, they collapse in a very short time He now says there ...

David Kugonza

October 5th, 2016

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Development Bank Can Address High Interest Rates-Muhumuza

Development Bank Can Address High Interest Rates-Muhumuza

Uganda needs a fully functional development bank if the country is to finance long term funding and reduce the burden of high interest rates. Renowned economist Fred Muhumuza explains that because Uganda lacks this bank, everyone resorts to borrowing from commercial banks ...

Reporter

September 22nd, 2016

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MPs Disappointed With Poor Sand Mining Methods

MPs Disappointed With Poor Sand Mining Methods

A section of Members of Parliament on the Natural Resources Committee has cited connivance in the ongoing illegal sand mining in Lwera, Kalungu district. This is after they met the District Environment Officer during their visit to Lwera sand mining site on Thursday and he ...

Reporter

September 22nd, 2016

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