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Bank of Uganda Maintains CBR at 12% for Fourth Month

Bank of Uganda Maintains CBR at 12% for Fourth Month

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...

Forbes World’s Richest People /Billionaires List  2013

Forbes World’s Richest People /Billionaires List 2013

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...

Helicopters to Secure Mombasa-Malaba Highway for Exports

Helicopters to Secure Mombasa-Malaba Highway for Exports

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...

Gov’t Assures Traders About  Safety of Business During Kenya Elections

Gov’t Assures Traders About Safety of Business During Kenya Elections

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 ...

Facts about a SpaceTop 3D See-through Computer

Facts about a SpaceTop 3D See-through Computer

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,...

SpaceTop 3D See-through Computer Unveiled

SpaceTop 3D See-through Computer Unveiled

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 ...

KRA Blocks Ugandan Sugar from Entering Kenya

KRA Blocks Ugandan Sugar from Entering Kenya

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...

Fastest Smartphone in the World – Huawei’s Ascend P2 Unveiled

Fastest Smartphone in the World – Huawei’s Ascend P2 Unveiled

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...

Orange Uganda Introduces a Luganda Phone

Orange Uganda Introduces a Luganda Phone

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...

Sony Unveils Play Station 4

Sony Unveils Play Station 4

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...

UTODA Buys 200 Buses as Pioneer Buses ‘Fear’ Auction

UTODA Buys 200 Buses as Pioneer Buses ‘Fear’ Auction

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 ...

10 Stanbic Bank Officials in it over Pensioners’ Money

10 Stanbic Bank Officials in it over Pensioners’ Money

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...

Jamafest Festival Heats up Kigali

Jamafest Festival Heats up Kigali

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 ...

StarTimes Unveils New Solar Television

StarTimes Unveils New Solar Television

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...

American Airlines and US Airways to Merge

American Airlines and US Airways to Merge

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...