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Tag Archives: Karuhanga

Francis Karuhanga picked to take charge of Stanbic

Kampala, Uganda | THE INDEPENDENT | Francis Karuhanga is the new Chief Executive Officer of Stanbic Holdings Uganda Ltd replacing Malawian executive, Andrew Mashanda. Mashanda joined SUHL in November 2020. Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, says that Karuhanga will take over office effective January 1, …

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Makerere University alumni in court over convocation elections

Kampala, Uganda | THE INDEPENDENT | A section of former Makerere University students has petitioned the high court challenging Convocation elections held in December last year. The petitioners led by former contestants Robert Rutaaro, Gerald Karuhanga, and Charles Odongtho through their lawyers of Elgon Advocates are seeking the nullification of the elections, arguing that they didn’t follow established …

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Mbire, Mandela and Karuhanga come out to support Uganda’s oil plan

Kampala, Uganda | THE INDEPENDENT | Uganda’s top business leaders have today issued a statement in full support of Uganda’s Lake Albert Oil and Gas Development project. “We give our unreserved and wholehearted, support for the responsible development of the natural resources Uganda is endowed with, including the associated construction of …

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BATU to pay shareholders Shs10.2bn dividend

  Kampala, Uganda | THE INDEPENDENT | Cigarette dealer, British American Tobacco Uganda, will pay its shareholders Shs 209per share, translating into Shs 10.2billion as dividend. This is nearly 50% lower compared to Shs 19.9billion paid in 2020 due to a drop in profit. BATU pays 100% of its profit as …

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Private sector calls for National Startup Policy

Uganda is ranked one of the most entrepreneurial countries in the world, according to the Global Entrepreneurship Monitor Kampala, Uganda | THE INDEPENDENT |  Private sector players have asked government to expedite the formulation and implementation of a National Startup Policy in order to address major impediments to the growth of …

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2020/2021 election economy

Tough times ahead as miscalculated spending, political activities and coronavirus threaten fast recovery of economic activities  Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy has been on a recovery path following the easing of COVID-19 pandemic lockdown restrictions, but the uncertainty surrounding the upcoming general elections is the latest concern, economists …

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MPs Paul Mwiru, Karuhanga cross to ANT

Kampala, Uganda | PROSSY NANSUBUGA | Members of Parliament Paul Mwiru and Gerald Karuhang have joined the the Alliance for  National transformation (ANT) recently formed by Mugisha Muntu. While addressing the media this morning in Kampala, Mwiru and Karuhanga highlighted the need for an upgrade in some of Uganda’s sectors …

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