Business | Elite News

Jan62021 by Keefa NuNo Comments

Why Uganda is Missing out on Chinese foreign minister’s visit to Africa

What might China's goals be in paying visits to Nigeria, the Democratic Republic of Congo, Botswana, Tanzania, and the Seychelles? Chinese Foreign Minister Wáng Yì 王毅 has begun a five-nation African tour in Nigeria in what’s now a 30-year-old custom of Beijing’s top diplomat always starting the year with a visit to the continent. After Nigeria, Wang will fly to the Democratic Republic of Congo, Botswana, Tanzania, and the Seychelles, a small Indian Ocean island chain off the coast of East Africa. Other than listing meetings with his foreign minister counterparts, the Chinese Ministry of Foreign Affairs provided very few other details about Wang’s agenda during the weeklong tour and why specifically these countries were chosen for the visit. Last week, foreign ministry spok...

Jan62021 by Our ReporterNo Comments

Where Will Uganda Airlines Fly Its New Airbus A330-800NEO?

Business, FEATURED, NEWS, Politics, TRAVEL

Having taken delivery of the first of its two brand new Airbus A330neos, we thought we would take a look at what routes Uganda Airlines plans to operate the aircraft on. Before the new A330neos arrival Uganda Airlines was limited to flying short-haul routes within Africa to places like Nairobi, Lusaka, and Dar es Salaam. According to Planespotter.net Uganda Airlines’ entire fleet was made up of just four Bombardier CRJ-900s with an average age of 1.6-years. Uganda Airlines’ plan is to operate the twin-engine regional jets on short-haul routes linking Kampala with other African capitals. Uganda Airlines is targeting tourists Before the A330neos were ordered from Airbus, the government-backed airline saw tourism as a big moneymaker for the co...

Dec152020 by Our ReporterNo Comments

CITY BANK ON SPOT AS NRM MP ASPIRANT LOOSE SCHOOLS TO NUP RIVAL

Business, FEATURED, Latest News

By Our Reporter Security has picked interest in a case where the National Resistance Movement (NRM) boss lost two schools to a National Unity Platform (NUP) member. Ronald Ndawula, the former LC 5 and NRM Chairman of Luwero district who is also an aspirant for Katikamu North Member of Parliament seat on independent ticket, recently lost his two schools (Everest Schools) to Denis Sekabira (NUP), who is also contesting for the same seat. This was after Ndawula’s failure to service Shs600m bank mortgage he acquired from Equity bank in 2017. He had staked the two schools comprised on LVR 975 Folio 6, Plot 836, LVR 975 Folio 5, Plot 835 both located at Kavule, Katikamu; and LVR 3618 Folio 4, Plot 634 at Bulemezi Katikamu. However, when he failed to service the mortgage, the ba...

Dec122020 by Our Reporter1 Comment

10 Win Big in the African Queen’s BIC Stock & Win Promotion

Business, FEATURED, Latest News

Mukono- At least 18 people have walked a way with various prizes in the African Queen’s Bic Stock & Win annual promotion at the office headquarters in Kiwanga-Namanve in Mukono district. The promotion is a reward program that aims to thank their loyal wholesalers for their continued support to African Queen as well as Bic. The prizes won include 1 car, 12 boxer Bajaj, 5 49 inch TV screens in addition to free BIC stock. ir bikes Richard Kule Mugenyi BIC’s Associate Sales Manager said that the promotion that was supposed to be held at the beginning of the year however, it was affected by the novel covid 19. “We have an offer for our wholesalers every year encouraging them to stock our products and win prizes. Today one wholesaler has walked away with a car, 12 have walke...

Dec102020 by Our ReporterNo Comments

RECORD BREAKER: 1ST UGANDAN SMASHES FORTEBET’S UGX 1BILLION

Business, FEATURED, Latest News

What an amazing win! Uganda’s betting history has been rewritten after hitting the highest win ever on a single ticket, UGX 1 billion. You may have seen very big bet winners but none of them is a match to this breathtaking 1billion bang. This win now whitewashes Uganda’s top five wins; 632,000,000/=, 500,000,000/=, 424,889,280/=, 408,980,448/= and 308,491,744/= that had stood in positions 1, 2, 3, 4 and 5 respectively. Most interestingly, all these top six winners won with Fortebet. His bets were on 1 (home wins), 2 (away wins), both teams to score-Yes and X2 (away team to win or draw) with simple odds like 1.36, 1.41...and the highest being 2.22, 2.48 and 2.68. This UGX 1,000,000,000 winner received his money on Wednesday at Fortebet head office in Kampala. In an exclu...

Dec92020 by Our ReporterNo Comments

Gov’t Officially Clears Resumption Of Labour Export

Business, FEATURED, Latest News

The Uganda Association for External Recruitment Agencies (UAERA) has revealed that the Ministry of Gender, Labour and Social Development has officially reopened the labour externalization sector after months under closure due to COVID-19 induced lockdown and restrictions. “We wish to formally inform all our members and stakeholders that the long wait is over, We have today 8th.12.2020 received a communique from the Ministry of Labour Gender and Social Development authorising us that externalisation of labour has finally resumed. This will be in guidance with the COVID-19 Standard Operating Procedures,” UAERA said in a statement on its social media pages. This means that legally registered companies dealing in recruiting and exporting of workers should resume business with stri...

Dec92020 by Our ReporterNo Comments

How Kainobwisho landed a juicy job at URSB?

Business, FEATURED, Latest News

By elite reporter The Board of Directors at Uganda Registration Services Bureau (URSB) has appointed Mercy Kainobwisho as the Registrar General. Kainobwisho’s appointment follows the departure of Bemanya Twebaze who was recently elected the Director General, Africa Intellectual Property Organisation. A statement issued yesterday by the Ministry of ICT and National Guidance said Kainobwisho emerged the successful candidate after beating seven others during internal interviews on December 2. The 41-year-old lawyer previously served as the director of Intellectual Property at URSB, head of Business Services Bureau and manager of Intellectual Property.

Dec32020 by Keefa NuNo Comments

Huawei AirPON to accelerate African fibre broadband connections

Business, TECH

JOHANNESBURG, December – The recent AfricaCom virtual technology event saw Huawei launch its innovative AirPON solution, which reuses existing wireless sites to build full-fibre access networks for operators quickly and at low cost. Fibre broadband has come to be seen as an essential service, especially during the Covid-19 period, with strong demand for FTTH (Fibre to the Home) deployment in Africa countries. However, FTTH network construction faces huge challenges. Traditionally, operators have had to deploy centralised office equipment rooms and lay out massive optical cables to reach users. This requires large-scale initial investment and the resolution of complex problems such as right-of-way (ROW) acquisition. As a result, network construction has always been time-consuming and...

Nov172020 by Keefa NuNo Comments

Kaisha Dog Trainers Uganda Announce 50% X-mas Discount

Business, FEATURED

Do you have a puppy or dog that needs training or you want to acquire skills in Dog Training? Well, if so, Kaisha Dog Trainers Uganda should be your first choice! Kaisha Dog Trainers have announced the biggest Christmas discount of the year by slashing costs by a half. we will be having a 50% off discount on selected services such as grooming,dog boarding and lots more. All people keeping dogs as pets, those rearing them for commercial or security purposes are welcome. For more information Call 0777385376 | Facebook

Nov172020 by Keefa NuNo Comments

Affordable devices a big opportunity in driving 4G migration

Business, FEATURED, Latest News

Kampala, November 2020 – There are significant business opportunities in the mobile-broadband space in building an ecosystem of affordable mobile devices to support user migration to 4G and 5G cellular network technology. This was the message emerging from the 5th Huawei Africa Mobile Broadband Salon taking place at the online Africacom Africa Tech Festival from 9-12 November in Johannesburg. Delegates heard that the ICT industry had never been more important to society, and that it was now at the forefront of social development and restoring economies affected by the COVID-19 pandemic. “Connectivity is the foundation for digital transformation,” said Salon facilitator Mohamed Madkour, Vice President, Carrier Business Marketing and Solutions for Huawei. “It's about time that we a...