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Category: Business/Trade

LUCRACTIVE: Premier Recruitment Seals 1,000 Jobs For Ugandans In Middle East

LUCRACTIVE: Premier Recruitment Seals 1,000 Jobs For Ugandans In Middle East

By SMN Reporter KAMPALA, Uganda|SHIFTMEDIA| The target is to secure over 100,000 jobs in 12 months, but given the pace, the target looks achievable. This the relief that Premier Recruitment Ltd, Uganda’s fast-growing labour hiring…

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SEALED: Stanbic Bank Aids Conexus To Train SMEs In Oil And Gas

SEALED: Stanbic Bank Aids Conexus To Train SMEs In Oil And Gas

By Our Reporter KAMPALA, Uganda|SHIFTMEDIA| Capacity building and information dissemination in the oil sector has got a nod, thanks to Stanbic Bank. The good news follows the signing of an MOU between the bank and…

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BOOST: IMF Board Approves $2.7 Billion Line Of Credit To Panama For Pandemic Fallout

BOOST: IMF Board Approves $2.7 Billion Line Of Credit To Panama For Pandemic Fallout

By OKELLO ALLAN WASHINGTON|SHIFTMEDIA| The International Monetary Fund (IMF) has approved a $2.7 billion line of credit for Panama to address the coronavirus pandemic, the lender said in a statement on Tuesday. The IMF’s executive…

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RENEWED: Museveni Extends Governor Tumusime Mutebeli’s Contract

RENEWED: Museveni Extends Governor Tumusime Mutebeli’s Contract

By AWORI ESTHER LUCY KAMPALA, Uganda|SHIFTMEDIA| The year has started on a good note for 71-year-old Prof. Emmanuel Tumusime Mutebile, the Governor Bank of Uganda. President Yoweri Museveni has renewed and extended his contract for…

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APPEAL: Credit Relief Paramount For Businesses in 2021- Dr. Sudhir Ruparelia

APPEAL: Credit Relief Paramount For Businesses in 2021- Dr. Sudhir Ruparelia

By PATRICK JARAMOGI KAMPALA, Uganda|SHIFTMEDIA|The year 2020 was a tough one for all, especially the business entities. As Ugandans enter day three of the new year 2021, calls for more business reliefs are already being…

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FINED: Smartphone Maker Apple Fined $12m Over Misleading Practices

FINED: Smartphone Maker Apple Fined $12m Over Misleading Practices

By AGENCIES ROME, Italy|SHIFTMEDIA| Smartphone maker Apple was fined 10 million euros (12 million U.S. dollars) in Italy for misleading advertising and commercial practices, the Italian Competition Authority (AGCM) said on Monday.   The fine…

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LIFTED: Government Lifts Ban On Livestock Markets

LIFTED: Government Lifts Ban On Livestock Markets

By ROBERT KAMUKAMA KAMPALA, Uganda|SHIFTMEDIA| Despite the surge in Covid-19 cases, government has opened the livestock markets ahead of the festive season. President Museveni closed all livestock markets in March to control on the spread…

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DISMISSED: Court Dismisses Case Of Crane Bank Receivership, Awards Dr. Sudhir Hefty Costs

DISMISSED: Court Dismisses Case Of Crane Bank Receivership, Awards Dr. Sudhir Hefty Costs

BY PATRICK JARAMOGI KAMPALA, Uganda|SHIFTMEDIA|Bank of Uganda would suffer deep financial issues if it continues to liquidate assets of Crane Bank that are under receivership, senior lawyers have warned. The warning by top financial lawyers…

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RANKED: Uganda Tops Africa In Electricity Regulatory Index

RANKED: Uganda Tops Africa In Electricity Regulatory Index

BY PATRICK JARAMOGI ABIDJAN, |SHIFTMEDIA|It is kudos for Uganda as a nation as we continue to shine in the continent. Uganda has for the third time in a row emerged as the top performer in…

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LAUNCHED: Construction Of Moroto Cement Plant Kicks Off In Karamoja

LAUNCHED: Construction Of Moroto Cement Plant Kicks Off In Karamoja

BY PATRICK JARAMOGI MOROTO, Uganda|SHIFTMEDIA| Another new player in the cement manufacturing is set to launch in Uganda soon. Moroto Cement under the Moroto Ateker Cement plant in Uganda is set to begin construction soon.…

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