Business

Bank of Uganda has reduced the central bank rate by 1 percentage point to 13%.

In 21 days, 56 libraries and eight ICT labs were established, 10 classrooms were constructed, and four online learning platforms created, in 22 countries across Africa and the Middle East, by 10 450 volunteers.

Former Barclays Plc chief executive Bob Diamond is in talks with Uganda’s Crane Bank to acquire a strategic stake.

MTN Uganda Foundation hands over UGX. 312M to support the Skilling for the Future initiative

In an effort to find a lasting solution to the high cost of credit in Uganda, commercial banks under their umbrella organization, UBA have embarked on a series of consultative meetings with various stakeholders.

Uganda Breweries Limited (UBL) yesterday dished out 8 vans, flat screen TVs, motor bikes, plots of land among other goodies to lucky winners at the Kampala City Festival.

The prestigious award is voted for by the readers of TTG Asia, TTG China, TTG India, TTGmice, TTGassociations, TTG-BTmice China and TTG Asia Luxury.

The application has been designed to give Pepsi, Mirinda, and Mountain Dew fans on Facebook, an opportunity to win cool prizes including; smartphones, airtime, soda, and Pepsi branded goodies, during the promotion.

In a bid to reaffirm its position as the Smartphone network, Airtel Uganda has announced a new wave of discounts on its low-end smartphones.

Mukeera Abel, the owner of Wanyika bar and restaurant in Kitintale, became the first winner of a Toyota Noah van in the on-going Sala Puleesa promotion by Crown Beverages Limited (CBL), the bottler of mirinda, Pepsi, Mountain Dew, 7UP and Evervess.

• MTN Group, a leading emerging markets mobile operator and MMI Holdings, an insurance-based financial services player, will join forces in a strategic partnership

Hima Cement rolled out the initiative to enhance masons’ skills and professionalism, by offering them formal training, and through this in turn aiding to promote safe construction and job creation in the country.