Dairy month celebrated as trade tensions over milk exports persist within EAC

Trade tensions within the East African Community continue to cripple the dairy industry amidst noticeable local growth in milk production, not matched with in-country demand. During his state of the nation address last week, President Museveni highlighted that milk production in Uganda is at 5.3 billion litres with an internal market of 800 million litres,…

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Centenary Bank launches Flexcube

Centenary Bank, has launched a new core banking system, Flexicube. This project is expected to run for 18 months from implementation to live cutover. The new system worth $ 14 million, promises to enhance system stability, operational efficiency, improve customer experience, and drive innovation in the banking sector. According to Fabian Kasi, Managing Director of…

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Sudhir Ruparelia buys Lotis Towers

Business mogul, Sudhir Ruparelia and his wife, Jyotsna, have added the Lotis Towers to their humongous property portfolio. Lotis Towers, an upscale building, is situated on Plot 16 Mackinnon Road in the leafy Nakasero suburb. According to a notice from Jubilee Associates addressed to the tenants, the tycoon bought the property from DFCU Bank which…

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