Author: admini
Uganda Development Bank’s (UDB) gross loan disbursements in the year 2023 grew by 21 percent while its total assets rose by 8 percent in a year marked with a roll out of new initiatives towards supporting the private sector. During the year 2023, the Bank approved funding amounting to UGX691 billion to support 201 projects across the country. The country’s national Development Finance Institution has today released its 2023 (unaudited results) indicating an 8% growth in assets from UGX1.52 trillion in 2022 to UGX1.64 trillion last year. This growth was driven by the increase in gross loans to customers, which inched up by 24 percent to close the…
Fellow Countrymen,My attention has been drawn to an unsigned document purportedly attributed to my Party, the National Unity Platform; calling for my resignation inter-alia based on falsehoods and terrible misapprehension of facts including basic ones. Let me initially reconfirm my commitment to the core values of the Party, which I verily understand and cherish more than many now, embroiled in mischief. I shall continue to be of service to my Party among others; in helping to educate all those interested and able to learn the culture of institutional building. The duties and roles of the Parliamentary Commission are well stipulated…
Uganda’s Construction giant Lagan – Dott Services Limited has continued to register impressive performance in implementing its mandate of modernizing the road network at the prestigious Kampala Industrial Business Park at Namanve. According to the Project Director, Eng Andrew Bamanya, the construction process now stands above 70% and all is being to ensure that the timelines are met. In 2019, the government of Uganda secured a loan from the UK government to revamp critically deteriorated infrastructure facilities, encompassing roads, water and sewage systems, electricity, and ICT, within the Namanve area. As of the present, the project’s progress has exceeded 70%,…
In a bid to promote media rights in the country, the Uganda Law Society (ULS) has expressed its intentions to establish a pro bono fund for journalists across the country. Pro bono refers to services that are rendered by a professional for free. This information was revealed by the President of the legal fraternity Bernard Oundo during the Editor’s Guild Dinner on Friday 23rd/February/2024 at Golden Tulip Hotel in Kampala. This event was organized by Metropolitan Republic in Partnership Stanbic Bank, Uganda Law Society, Uganda Airlines. According to Oundo, this is the only way the Law Society can promote press…
Philanthropy, derived from the Greek word “philanthropia” meaning love for mankind, is a powerful force that has the potential to transform societies and improve the lives of individuals across the globe. In its essence, philanthropy is not merely about financial contributions but encompasses a spirit of compassion, empathy, and a shared commitment to make the world a better place. This article explores the profound impact of philanthropy on humanity and the numerous benefits it brings to individuals and communities. Zimbabwean philanthropist Tsitsi Masiyiwa when asked why he was passionate about helping society he noted, “I give not because I have…
Former Forum for Democratic Change (FDC) party spokesperson Hon. Ibrahim Ssemujju Nganda has expressed outmost fears over the fate of their believed party. Nganda says the redemption may be out of reach for the embattled political organization. “It may not be possible to rescue FDC,” says Ssemujju, the party’s former spokesperson. Ssemujju and other disillusioned party leaders have since abandoned the FDC, establishing a new base of operations at Katonga. His ominous pronouncement serves as a sobering wake-up call to party loyalists, including Elias Lukwago and Dr. Kiiza Besigye, who remain steadfast in their belief that they are the rightful…
“Take time to love yourself. You deserve it”, Avina Celeste. It is so important to take time for yourself. The most important relationship you have is with yourself. Many leaders tell themselves: “It’s so busy, I can’t afford to…(take 8 hours sleeping, or stop to get lunch, or keep up my hobbies).” You need the energy to be fully present even as you’re fretting about the numerous emails piling up in your in-box, let alone the loaded Whatsap. need to be very creative. Although most leaders have a sense of the fortitude, energy, and stamina they require to be successful,…
The British High Commissioner to Uganda H.E. Kate Airey OBE hosted the 2022/23 Chevening and Commonwealth scholars back home following their successful completion of postgraduate studies in the UK. Eighteen future leaders from Uganda were awarded the prestigious Chevening Scholarship in 2023. The UK government’s international scholarship scheme hinged on providing quality education, leadership and networking skills has been running for 40 years since 1983 offering a fully funded one year master’s degree in any field at any of the UK’s top universities. Uganda currently has 332 Chevening alumni and an active association which oversaw the Chevening at 40 celebrations…
Different Social media apps have been buzzing with refined content from from actress Vivian Gold Kaitesi. However news reaching our desk indicates that some of the naughty videos don’t belong to her. According to Kaitesi, she is not the one in the video of drugged girl in the hands of white man. She says all the surrounding and and body parts in the controversial video are not hers, including the fact that she has not been an affair with a whiteman for quite a while. “I know I’m abit naughty, sometimes record some videos dancing and acting in skimpy outfits,…
In 2019, an unidentified UPDF officer driving a salon car knocked dead three pedestrians in Namayiba trading centre along Mukono-Katosi road as he trailed illegal fishermen riding a motorcycle loaded with fish from Katosi destined for Mukono town.The soldier, whose car had overturned before it settled in a garden on the lower side of the road, sustained serious injuries and was whisked away by a boda-boda rider to an unknown medical facility in Mukono, saving him from being brutalized by the angry bazzukulu.Such deadly operations risk lives of fishermen, communities around them, and law enforcement teams; yet, for instance in…