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    Sports TV’s Shs1bn appropriation case against Vision Group nears judgement

    Jacobs Odongo SeamanCompany NewsThe Big StoryApril 17, 2018April 17, 2018

    Four years ago, Vision Group allegedly put off air a major entrepreneurial broadcaster. Sports TV, the first free-to-air broadcaster in the continent, was already finding its auto-functions on the remote…

    Barclays posts Shs72bn net profit as default hits Shs106bn

    Forbes KaluleCompany NewsThe Big StoryApril 17, 2018

    The bank’s total revenue increased by 11% to UGX258bn in 2017, up from UGX233 billion in 2016. Total income increased to UGX304.4 billion in 2017, up from UGX272 billion in…

    Flydubai makes bold comeback with Entebbe-Kinshasa direct flights

    Forbes KaluleCompany NewsApril 16, 2018

    The Kinshasa service is a bold comeback for the carrier that in February 2016 was forced to withdraw from three routes – Bujumbura, Kigali and Kilimanjaro, just fifteen months after…

    MTN pays Shs20bn to UCC’s development fund

    Forbes KaluleCompany NewsApril 16, 2018

    ICT minister Frank Tumwebaze said everyone should be able to exploit the opportunities that arise within the ICT sector irrespective of their location, physical inability, age, gender, level of literacy,…

    Declare RVR bankrupt, HASS petroleum tells court

    Henry Wicliff BusoboziCommercial JusticeCompany NewsApril 13, 2018

    Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors. A court order such as the kind HASS petroleum is seeking would see…

    Bank of Uganda Launches Automated cheque clearing system

    Julia KatushabeCompany NewsApril 12, 2018

     With the new cheque clearing system, cheque images will be used  instead of exchanging actual physical cheques. The system is aimed at  reducing  risks involved in cheque clearing as electronic…

    Stanbic is Best Performing Bank in govt securities

    Forbes KaluleCompany NewsApril 12, 2018

    Launched in 2005, the Primary Dealer (PD) system aims to promote participation in Uganda Government securities markets, to foster the development of financial markets, to improve the secondary market trading…

    Govt seeks Shs700bn for oxygen in referral hospitals

    Julia KatushabeThe Big StoryApril 12, 2018April 13, 2018

    Media reports last week indicated that three babies died due to lack of oxygen at Kawempe Referral Hospital, which is currently handling Mulago National Referral Hospital’s obstetrics and gynecology department….

    Loan defaulter moves to sue Barclays for Shs1.7bn over published photo

    Forbes KaluleCommercial JusticeApril 11, 2018April 11, 2018

    Last week, seasoned lawyer Fred Muwema warned banks that their fascination with publishing images and other data about clients who fail to meet their loan obligations was not only wrong…

    No change in central bank rate at 9%

    Forbes KaluleThe Big StoryApril 11, 2018

    Mutebile said there has been growth in all major sectors. Agriculture grew by 6.1% in 2017 from a decline of -0.4% in 2016, the service sector grew by 8.1% from…

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