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Insurance Firms Eying Higher Returns From Oil Sector

Insurance Firms Eying Higher Returns From Oil Sector

Local insurance firms’ capacity to meet the growing oil and gas sector demands has been enhanced by the Insurance Regulatory Authority of Uganda. This has been revealed by the authority’s chief executive officer, Alhaj Kaddunabbi Ibrahim Lubega. Capacity development is the ‘heart of the matter’ if the insurance sector plans to demand a bigger share of the pie. “The Authority ...

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Busoga Royal Wedding Receives Contribution From UPDF’s Wazalendo Sacco

Busoga Royal Wedding Receives Contribution From UPDF’s Wazalendo Sacco

The UPDF’s Wazalendo Sacco has contributed shs5 million towards the forthcoming Busoga Royal Wedding. The wedding is scheduled to happen on November 18 2023 in Bugembe, Jinja district. The chairman of the Sacco’s board of directors, Lt Col Allan Kitanda delivered the contribution. He handed the cheque to Busoga Kingdom’s Katuukiro, Dr. Joseph Muvawala and the handoff happened at Sheraton ...

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Fuel Price Crisis: Museveni Announces Ultimate Solution

Fuel Price Crisis: Museveni Announces Ultimate Solution

President Museveni announced on Sunday the ultimate move the government intends to adopt in order to fix the fuel price crisis. Apparently, he has already contracted bulk and refinery suppliers to get fuel at lower prices. Museveni’s pronouncement comes shortly after parliament passed a bill for the Uganda National Oil Business (UNOC), a state-owned oil business, to domestically buy and ...

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Stop Overestimating Yourselves – Museveni To The US

Museveni Encourages Money Economy In Bukedi

The President of Uganda, H.E Yoweri Kaguta Museveni has lashed out at the West by telling them to stop overestimating their influence and power. This is after the US administration revealed that starting in 2024, Uganda amongst other countries would be removed from the African Growth and Opportunity Act (AGOA). Apparently, AGOA is the cornerstone of US economic engagement with ...

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Obongi District: Contractor Abandons School Project: RDC Calls For Arrest

Obongi District: Contractor Abandons School Project: RDC Calls For Arrest

Obongi District leaders have decided to terminate the contract of Spider Contractors Ltd. The company is currently responsible for the construction of Gopele Gimara Seed Secondary School in Gimara sub-county, Obongi district in West Nile. This determination was made during a site meeting on Wednesday, following the discovery that the contractor had abandoned the site. This is despite having received ...

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