By Musisi Yiga John Updated at 0806 EAT on 07th March 2022. The price of oil jumped more than $10 a barrel and shares were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent crude oil surged over $10 early Monday. Benchmark U.S. crude was up…
Category: Business
Business Tycoon Sudhir wins court case against Uganda’s central bank
By Musisi Yiga John- Updated at 1729 EAT on FEB 11th 2022 The supreme court has dismissed with costs an appeal by Bank of Uganda against Business tycoon Sudhir and his company, Meera Investment Limited The court Ruling ordering the Central Bank of Uganda to pay the costs of the appeal at all court levels,…
Uganda Announces Final Investment Decision bringing Country closer to First Oil
By Musisi Yiga John Updated at 1016 EAT on Saturday 5th February 2022 Uganda’s President Yoweri Kaguta Museveni, has witnessed the announcement of the Final Investment Decision (FID) for Uganda’s oil and gas Projects by the TotalEnergies EP Uganda, CNOOC Uganda Limited, the Uganda National Oil Company (UNOC), and the Tanzania Petroleum Development Corporation (TPDC)….
World Bank chief calls for ‘comprehensive’ debt relief for poor countries
HICGI News Agency updated at 1020 EAT on Tuesday 12th October 2021 Washington, D.C USA. Debt loads in low-income countries surged 12 percent to a record $860 billion in 2020 amid the pandemic, prompting World Bank President David Malpass to call for a “comprehensive plan” to deal with the issue. “Sustainable debt levels are vital…
Why Africell is exiting Uganda’s telecom market
By XINHUA -Updated at 0956 GMT on Wednesday 08th September 2021 Africell, one of the mobile network operators in Africa, on Tuesday announced that it will stop operations in Uganda early next month. The operator in a statement posted on its website said it will exit the Ugandan market on Oct. 7, where it has been since…
M7 Aide to Launch Book on War Lord Joseph Kony.
Kampala, Uganda By Solomon Tibaremwa 14 days’ with Kony “The hidden heroes” is the talk of town due to be launched at Serena Hotel Kampala on Friday 15th November 2019. Judith Obina Okumu, Private Secretary to H.E The President of the Republic of Uganda in Charge of Political Affairs shares a true life story experience…
Katomi Kingdom Resort Beneath the Freshest Waters of Victoria-Enjoy the Best Accommodation on Entebbe Rd.
https://www.hotels.com/ho647646272?rffrid=sem.hcom.xx.156.020.localuniversal.02. https://travel.jumia.com/en-gb/uganda/o28389/katomi-kingdom-resort-entebbe Main amenities 50 guestrooms Marina Restaurant and bar/lounge Outdoor pool Free supervised kid’s activities Fitness center Spa services Conference center Airport shuttle 24-hour front desk Daily housekeeping Garden Free continental breakfast, free WiFi, and free parking For families Supervised childcare/activities Playground on site Supervised childcare/activities (free) Private bathroom Television Garden What’s around Katomi…
URA Holds 2018 Nationwide Budget Breakfast.
One event. Five locations. Last week on Monday 18th June 2018, Uganda Revenue Authority held a National Annual Budget Breakfast that attracted thousands gathered at different locations in the country. This year’s budget annual post budget breakfast themed #KnowYourBudget18 occurred in five towns namely Masaka, Jinja, Kampala, Arua and Fort Portal. There, thousands of people…
HICGI News Agency 