UBA introduces free banking
[Walter Wafula] Uganda's United Bank of Africa (UBA) has introduced an account that requires no deposit or maintenance fees. 15 Dec 2008 07:06
Airlines increase flights from Entebbe
[Walter Wafula] Growing demand by Ugandans and international travellers is driving more airlines to Entebbe International Airport. 17 Nov 2008 09:04
Tenth company listed as USE celebrates a decade
[Walter Wafula] Kenyan Commercial Bank became the 10th firm listed on the Uganda Securities Exchange as the Kampala-based stock market celebrated its 10th anniversary on November 11, 2008. 13 Nov 2008 11:41
Uganda bows to global financial crisis
[Walter Wafula] Ugandans are beginning to feel the pinch of the wild financial mess that is ravaging American, European and Asian economies. In the past few weeks share prices of the nine listed companies at the Uganda Securities Exchange have danced to a rhythm echoed by falling stock prices across global financial markets. 28 Oct 2008 10:49
P&G decries sale of counterfeits in Uganda
[Walter Wafula] Proctor and Gamble, the manufacturer of Always sanitary pads has decried the sale of counterfeits of their products in Uganda underlining that it is losing it's market-share and exposing consumers to many health risks. 17 Oct 2008 10:27
Buy Ugandan, Museveni urges
Ugandan president, Yoweri Museveni, has urged Ugandans to buy locally manufactured products if the country is to overcome the high unemployment levels and achieve the government's objective of prosperity for all. 15 Oct 2008 10:36
Field schools in Uganda are successful in aiding farmers combat disease
[Nadia Khan] In Uganda, 14 million people and over 3,000 farmers rely heavily on cooking banana for food and income every year. However, in 2001 Banana Bacterial Wilt (BBW) was detected in two Ugandan districts heavy with banana farms. 29 Sep 2008 10:02
Uchumi hunts for loyal customers
[Walter Wafula] Uchumi, a Kampala supermarket, has unveiled the first retail shopping club in a bid to attract and retain its customers. The supermarket launched the U-Club, a customer loyalty initiative, which comes with a U-Club Card. 23 Sep 2008 10:46
Bidco brings Fortune to Ugandans
[Walter Wafula] Bidco, a major edible oil producer in Uganda, has added Fortune to its product assortment, offering Ugandans more choice in the market. The unveiling of Fortune to Ugandans in Kampala was held on 6 September 2008. 8 Sep 2008 12:35
Uganda, Iran's gateway into Africa: envoy
Gorgan: The Ugandan Ambassador to Tehran, Mohammad Ahmad Kissule announced earlier this week that Uganda can be an appropriate gateway for Iranian investors to enter African markets. 6 Aug 2008 10:50
Social Security Fund doubles savers' interest rate
[Walter Wafula] Uganda's National Social Security Fund has doubled the annual interest rate at which it pays its members, to 14% in a bid to reward them with the fund's enormous profit. 30 Jul 2008 13:33
Capital gains strengthen National Social Security Fund profits
[Walter Wafula] Uganda's National Social Security Fund has announced a profit of UGX131bn for the financial year ending June 2008 boosted by accumulated capital gains from equity investments. The record earnings represent a 22% growth in profits from last year's financial results when NSSF registered profit worth UGX107bn. 15 Jul 2008 15:29
AIG Uganda posts UGX5bn profit
[Walter Wafula] American International Group has announced a profit before tax of UGX5bn representing a 4.1% growth in the company's earnings in 2007. The profit growth is a result of swollen premiums, according to the company's 2007 financial reports released on July 2. 7 Jul 2008 10:15
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