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Madi West Nile Diocese Plans to Raise UGX 5 Billion for Jubilee Office Complex

19 Feb 2025 · The UGX 7 billion, four-story office complex was launched in 2018, with an initial expectation of completion within four years, funded by contributions from Christians and well-wishers.

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Business and finance

10:35
10:35

Madi West Nile Diocese Plans to Raise UGX 5 Billion for Jubilee Office Complex 2 2

The UGX 7 billion, four-story office complex was launched in 2018, with an initial expectation of completion within four years, funded by contributions from Christians and well-wishers.
07:36
07:36

Northern Uganda’s Largest Fish Hatchery Under Construction in Lira City 7 2

Once completed, the hatchery aims to generate up to 100 million Shillings per quarter and 400 million Shillings annually from fingerling sales alone. This initiative seeks to address challenges such as limited access to quality fingerlings, financial constraints, and inadequate technical knowledge among fish farmers.
07:27
07:27

MPs Question Bujagali Tax Waiver 1 Top story

Budadiri West MP Nathan Nandala Mafabi stated that Bujagali Energy Limited had unfairly profited from Ugandans through questionable accounting practices. "You cannot remove money from a balance sheet without making adjustments. It is criminal to redeem shares and continue charging Ugandans the same high tariffs," Nandala argued.
17:26
17:26

Kalangala Ferry Users Demand Night Trips to Ease Transport 1 1

the passengers who use the ferry services have appealed to the government to consider revising the vessels’ operation schedules and introducing night trips beyond 06 p.m. to ease the movement of goods and services between the Kalangala islands and the mainland.
16:33
16:33

Ineffective Public Finance Management Stifling Africa’s Growth- Accountants 4 1

Edith Akorfa Akua Lumor, Director of Finance at the African Union Commission said Africa loses 88.6 Billion Dollars in illicit financial flows and 50 billion to corruption annually, according to the UN Conference on Trade and Development (UNCTAD).
15:50
15:50

Standard Chartered Bank Fined UGX 60m For Cancelling Loan Offer

In her ruling, Justice Patricia Mutesi of the High Court found that Standard Chartered Bank errored when it cancelled a mortgage facility it had already granted to a couple; Peter Victor Kwagala and Priscilla Mbabazi.
14:20
14:20

Mbale City Authorities Conduct Operation Against Street Vendors 1

According to James Kutosi, the Mbale City Public Relations Officer, the operation followed a warning notice issued to street vendors last week, instructing them to vacate the streets within two days.