Friday, March 29News That Matters

Day: February 13, 2023

Focusing on 4T technologies, helping thousands of industries transform from energy consumers to energy producers.

Focusing on 4T technologies, helping thousands of industries transform from energy consumers to energy producers.

FEATURED, Latest News
Huawei today demonstrated its commitment to Africa’s energy transition, while also showcasing the full range of its latest solar PV and green homeland business solutions, at the Solar Power Africa Conference in Cape Town, South Africa. In his keynote address to the conference attendees, Xia Hesheng, President of Huawei Digital Power Sub-Saharan Africa Region pointed out that “Carbon Neutrality” has become global consensus. Low carbonisation, digitalization and intelligence will definitely be a deterministic trend in the next 30 or 40 years. However, digitalization and intelligence are all supported by computing power that consumes a huge amount of electricity, which is now driving the urgency for the development of clean energy. And, solar as the main renewable energy, driven by three key ...
Museveni  crowns journalists on wealth creation.

Museveni  crowns journalists on wealth creation.

FEATURED, Latest News
President Yoweri Kaguta Museveni has reiterated that the only way to achieve prosperity in Uganda is through ensuring socio-economic transformation for all. While delivering a lecture of opportunity at the closure of the journalists’ 5-day Residential Symposium on Socio-economic transformation at Kyambogo University grounds on Saturday, the President said the message of the NRM since 1986 has been to ensure that Uganda becomes a new society based on science, knowledge and technology through socio-economic transformation. “For us, our strategic goals in public affairs are; prosperity for all the people, strategic security and emphasizing the fraternity of the African people not tribes or religion,” Gen Museveni said, adding that politics should be about solving the needs of the people which...
Shell leaders have been dragged to court.

Shell leaders have been dragged to court.

Business, FEATURED, Latest News, NEWS
Shell leadership has been accused of mismanaging risks in partucular climate change. Corporations have faced a growing number of climate-related lawsuits in recent years as they come under pressure to step up efforts to curb global warming. Shell was already ordered by a Dutch court in 2021 to slash its greenhouse gas emissions by 45 percent by the end of the decade after it was sued by environmental groups. This time, ClientEarth, a minor Shell shareholder, has filed a lawsuit in the High Court of England and Wales against Shell bosses “for failing to manage the material and foreseeable risks posed to the company by climate change”. Shell, which reported recorded annual profits last week, denies the allegations. The group’s current plan “will tie the company to projects and investments th...
UDB forecasts economic rebound in 2023 after posting strong growth in 2022.

UDB forecasts economic rebound in 2023 after posting strong growth in 2022.

Business, FEATURED, Latest News, NEWS
Uganda Development Bank (UDB), the country’s national Development Finance Institution, has today announced excellent results for 2022 reflecting strong investment in various businesses across the country, improved livelihoods and heavy support towards the economic recovery and resilience of Uganda. In 2022, UDB registered a 52% gross loan portfolio growth from Shs851 Billion in December 2021 to Shs1,298 Billion in December 2022. The Bank’s total assets currently stand at UGX1.44 Trillion, growing by 19% from UGX1.21 Trillion at the start of 2022. This growth is on account of growth in funding, mainly through capital allocations from government and draw down of lines of credit from various our other funding partners. “This performance is anchored on the Bank’s deliberate efforts towards th...
Etania Mutoni known as a tv presenter joins NRG radio.

Etania Mutoni known as a tv presenter joins NRG radio.

Business, FEATURED, Latest News, NEWS
Renown TV personality Etania Mutoni is a Covid-19 lockdown product. She was one of those people who emerged during the lockdown and it seems she is not about to return to her cocoon. From hosting events at several bars under Muchachos, to becoming a TV presenter on The Mix Show that airs every Friday on NTV to finding a new love in deejaying, Etania is onto something else. She is now a radio presenter at NRG Radio doing the Circle UG programme. Asked whether she is just hosted on the programme, she told us they are finalising with paper work.
Solomon Kampala’s UCE results posted on social media are  not right.

Solomon Kampala’s UCE results posted on social media are  not right.

Education, FEATURED, Latest News, NEWS
It’s no secret that politician and singer Robert Kyagulanyi Ssentamu aka Bobi Wine’s Solomon Kampala sat his S.4 last year, 2022. These UCE results came out last week but there has been no update about how Solomon performed. Social media users have now started inquiring about how the ghetto first son performed. These maintain that the way NUP diehards like showing off, the results would have already been posted if he had scored highly. It’s from this point that a social media user posted the alleged results of Solomon and went ahead to congratulate him for pasing highly with 13 aggregates. Keyboard warriors were however quick to point out how Solomon who has been studying from St Mary’s Kisubu couldn’t get such good grades. These pointed out that these results are fabricated because Solomo...
 First Lady to attend Makerere’s 73rd graduation this week.

 First Lady to attend Makerere’s 73rd graduation this week.

Education, FEATURED, NEWS
First Lady and Minister of Education and Sports Janet Museveni is expected to grace Makerere University's 73rd graduation next week as the guest of honour. Mrs Museveni will attend the first of the week-long ceremony that will start on Monday, February 13, 2023, at the university’s main campus in Kampala. The event is expected to be presided over by Makerere chancellor Prof. Ezra Suruma and will see 340 students graduate with first-class degrees. The colleges and schools slated to graduate students include those of health sciences, natural sciences, law, agricultural and environmental sciences, education and external studies, business and management sciences and computing and information sciences. Others are veterinary medicine, animal resources and bio-security, engineering, design, art a...
Vice President Alupo in UAE for the WGC summit.

Vice President Alupo in UAE for the WGC summit.

FEATURED, Latest News, NEWS
Vice President Jessica Alupo has arrived In Dubai where she is representing Uganda at the World Governing Council Summit. (WGC). The Vice President who is in Dubai at the invitation of His Highness Sheikh Mohammed bin Rashid Al Maktoum,was received at Dubai International airport by the Minister of State for Foreign Affairs of UAE- Sheikh Hamdan Bin Zayed Al Nahyan and other senior UAE Government officials. The Vice President is accompanied by the Minister of Foreign Affairs Jeje Odongo and the Minister of Public Service Wilson Muruli Mukasa. The Global Summit Organization, running under the theme "Shaping Future Governments" is a non-profit organization that seeks to achieve several objectives by utilizing the power of innovation and technology to solve universal challenges. Alupo wi...