Business

Wellex Hardware Ltd directors convicted for issuing fictitious invoices

Business
Directors of Wellex Hardware Ltd - Jigar Chandarana and two (02) others are in trouble having been convicted by the Anti-Corruption Court in Kololo...

BoU maintains lending rate at 10% amidst decline in inflation

Business
KAMPALA-Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) for the month of June 2023 at 10 percent even as the economy...

ZTE secures two major awards at the Asian Telecom Awards 2023

Business
ZTE secures two major awards at the Asian Telecom Awards 2023 > ZTE won the “Technology Innovation of the Year - Philippines” award for its...

Housing Finance Bank Joins GIZ to Kick-start Program to Foster Smart Cities Solutions in Uganda

Business
Last week, Housing Finance Bank hosted the official kick-off event of the Open Innovation Program at its headquarters in Kololo.The Program, an initiative commissioned...

Loan from DTB was legal, as Shs120b case sent to High Court for retrial

Business
The Supreme Court has ruled that the syndicated loan Kampala businessman acquired from Diamond Trust Bank Uganda and Diamond Trust Bank Kenya was legal,...
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