Cost of living: How onions became a luxury in the Philippines

By Annabelle Liang Business reporter “No onion toppings. Every restaurant is facing a shortage of onions. You see the signs everywhere.” According to official statistics, the price of onions surged in the Philippines to around 700 pesos ($12.80; £10.40) per kg last month. Although prices have eased in recent weeks, onions are still a luxury…

The world marks International Day of Banks

By Halligan Agade & E K Benj Updated at 2241 EAT on Tuesday 06th Dec 2022 December 4 is the official International Day of Banks, marked globally to recognize the significant potential of multilateral development banks and other international development banks in financing sustainable development. This is in addition to providing know-how, and the vital…

What it will cost to get NSSF house

Follow us on Twitter, Facebook & Instagram “HICGI News Agency” The National Social Security Fund (NSSF) has released new prices for its housing projects in and around Kampala.The new rates that were disclosed at the weekend are in three categories. The first category is for high income earners whose houses are in the range of…

Business Tycoon Sudhir wins court case against Uganda’s central bank

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, right from the Commercial…

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…