Business

Mar. 5 | By Suzan Kabarwani
Bank of Uganda has for the fourth consecutive month maintained the Central Bank Rate (CBR) at 12 percent .
This was revealed in the Monetary Policy Statement for March 2013, issued to the press by Dr. Louis Kasekende, Deputy Governor.
“Bank...

Mar. 5 | Forbes has released the World’s Richest People List 2013.According to the World’s Billionaires List 2013 ,Mexico’s Carlos Slim remains the world’s richest man for the fourth year in a row. Facebook’s Mark Zuckerberg...

Mar. 4 | Kenya’s Transport ministry has assured EAC regional States that transportation of cargo along the Northern Corridor will be uninterrupted during Kenya’s 2013 elections,Standard Digital News reports
Transport PS Eng Karanja Kibicho...

Mar. 4 | By our reporter
The minister for information and national guidance, Mary Karoro has assured Ugandans who run business via Kenya boarder that unlike 2007, there are alternative routes for their business in case anything bad happens during ...

Feb. 28 | A SpaceTop 3D See-through Computer was worked on by Jinha Lee in collaboration with Microsoft.
The A 3D see-through computer allows a user to reach through the screen.
It allows users to literally reach “into” their computer,...

Feb. 28 | SpaceTop 3D See-through Computer has been unveiled at the TED conference in Los Angeles.
Jinha Lee has been working on the SpaceTop 3D desktop in collaboration with Microsoft.A 3D see-through computer lets you reach through your screen.
It ...

Feb. 27 | By Ahura Mujuni Mark
Kenya Revenue Authority has stopped over 220 metric tons of Uganda-manufactured sugar from entering the country, arguing that it could either be duty free sugar that Uganda imported, or it is being exported to bribe voters.The...

Feb. 25 | By Mirembe Martina
According to the makers of Ascend P2, Huawei, the phone is the fastest smart phone in the world.
Huawei which is a Chinese company unveiled the phone during a press conference in Barcelona, Spain on Sunday. Huawei said it wants...

Feb. 22 | By Martha Nakimuli
A Luganda Phone has been introduced by Orange Uganda as a way of easing communication to people who do not not know or understand English.
Nalongo is the name of the new Luganda Phone .Unlike other phones ,the phone has a Luganda...

Feb. 21 | By Jane Nambi
Sony has revealed Play Station 4 (PS4) is on the way.
Sony announced the news in a press conference yesterday in New York while showing off its next-generation console. The price was not announced.
The much awaited for and kept secret...

Feb. 20 | By Martha Nakimuli
UTODA has purchased 200 buses to ply different routes across Kampala city shortly after Uganda Revenue Authority impounded Pioneer Easy Buses due to the accumulation of taxes amounting to shs7 billion.
UTODA announced early ...

Feb. 15 | By Martha Nakimuli
Ten senior Stanbic officials are facing the wrath of police over fraud of over sh600m of pension funds .
The suspects in the scam include ; Pascal Epodoi; William Embati; Robert Muhooza and other two officials, only identified...

Feb. 14 | By Our Reporter
The EAC Arts and Culture Festival dubbed JAMAFEST ,has heated up Kigali .
The festival, which is the first of its kind in the region is called Jumiiya ya Afrika Mashariki Utamaduni (JAMAFEST).It was opened on Tuesday and will ...

Feb. 14 | By Jane Nambi
As the country prepares for the digital migration, StarTimes, one of the digital companies in Uganda has unveiled a new television, a solar TV.
With the problems of electricity in the country, the solar television will help, especially...

Feb. 14 | American Airlines and US Airways have agreed to merge into the world’s biggest airline.
The boards of American parent AMR Corp. and US Airways approved the deal late Wednesday, according to four people close to the situation.
The deal...