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Written by Stephen Jones
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Tuesday, 11 December 2007 |
 THE Prisons department plans to revive the parole system, where prisoners are released before they complete their sentences. Parole applies to inmates who were imprisoned for a period of three years or more and are about to finish their sentences.
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Written by Christine Mugwampeke
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Tuesday, 11 December 2007 |
 UGANDA will host the 10th World Agricultural Forum (WAF) next year. This will be the first ever WAF congress to be held outside St. Louis in the USA, the headquarters of the organisation. The forum president, Raymond Cesca, who has been in Uganda for a five-day visit, yesterday said the meeting would be held from September 3 to 5 in Kampala.
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Written by Mustapha Maohoub
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Monday, 10 December 2007 |
 Uganda's finance minister Dr. Ezra Suruma has called on the international banking community to get interested in Uganda saying the conditions are ripe for many profitable ventures.
But why would Suruma call on players like FMO (Netherlands Development Finance Company) and others when Uganda has a very competitive banking sector, suffice to mention there four new players set to enter the sector?
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Written by John Muyodi
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Monday, 10 December 2007 |
 UGANDA's Central Bank has cleared the Fina Bank Group, Kenya's second financial institution to open up shop in Kampala.
The Bank has also signed a 20 million Euros credit agreement with the European Investment Bank (EIB) to consolidate its expansion programme as a SME bank in East Africa over the next 10 years.
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Written by Christine Mugwampeke
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Monday, 10 December 2007 |
KAMPALA
 SHAREHOLDERS have unanimously endorsed a proposal to merge Dfcu Limited and Dfcu Bank into a single entity.
Officials said the process would be completed in the first quarter of 2008.
The Board Chairman, Dr. Nkosana Moyo, said the move is intended to create a platform for substantial growth, increase the bank's balance sheet, and eliminate the confusion the current structure causes to its customers.
"We want to improve service delivery, value to the shareholders, and broaden our range of products under one roof," he said at an extra ordinary general meeting in Kampala on December 6.
The meeting was called specifically to address the matter, which was deemed to be urgent and could not wait for the next annual general meeting.
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Written by Patrick Kigere
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Monday, 10 December 2007 |
 THE Norwegian government has pledged to support the development of the meat industry in Uganda. Norway has already spent $550,000 (about sh965m) for a study on the meat industry in Uganda.
“But this is to be based on commitment from the Government of Uganda and other donors. “Our support will be on grant basis and preferably focused on institutional cooperation components and programme coordination,” Bjorg Leite, the Norwegian envoy said.
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Written by Christine Mugwampeke
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Monday, 10 December 2007 |
 The Uganda National Chamber of Commerce and Industry (UNCCI) plans to equip all districts with information and communications and information technology. The development will allow the districts to communicate directly with the secretariat in Kampala.
Olive Kigongo, the UNCCI president, told delegates during an annual general meeting at Hotel Equatoria in Kampala recently that all regions were expected to be fully computerised by the end of next year.
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