David Wandera has been appointed interim managing director of Absa Bank Uganda. He replaces Mumba Kalifungwa who was appointed in a similar role by Stanbic Bank Uganda. In a statement, the bank said Wandera “brings over 20 years of experience in the banking sector, with a strong track record in leadership, strategic initiatives, and financial…
Michael Jjingo “The greatest threat to our planet is the belief that someone else will save it”, saud Robert Swan. Some people continue to argue that, we do not inherit the earth from our ancestors, we borrow it from our children. We live on this planet as if we have another one, as an alternative….
The First Lady, Janet Museveni, has urged wives of Special Forces Command (SFC) soldiers to unite, work together, and embrace a savings culture. Janet emphasized that the SFC Spouses fraternity could accumulate substantial funds, expand their businesses, and enhance their families’ development through disciplined saving. She was officiating at the second Graduation ceremony of SFC…
Nokia’s journey started in 1865 as a paper mill. By the mid-20th century, it diversified into cables, rubber, and electronics. Its big break came in the 1980s when it entered the mobile communications market. Tasked by the Finnish government to research military radio technology during the Cold War, Nokia gained expertise in communication systems. By…
Once Upon A Time…Don Wanyama was a great admirer and supporter of Dr Kizza Besigye. Wanyama, then chief sub-editor of Daily Monitor had even become an informal advisor to FDC, something that did not go down well with some of his bosses at Namuwongo. Those who worked with Wanyama at the time will tell you…
Airtel Uganda will pay out an interim dividend of Shs 83 billion to its shareholders this year The dividend was approved by the company’s board of directors on November 22, 2024. Each shareholder will earn Shs 2.075 per share. The payout is expected to be completed by January 3, 2025. The telecom company said the…
For close to two weeks, Gen Salim Saleh, the coordinator of Operation Wealth Creation (OWC) has declined to meet David Pulkol, the former head of the External Security Organisation (ESO). Sources close to the general told Bbeg Media that the general had communicated to Pulkol and others who want to see him, that he needs…
President Museveni has justified the decision to charge civilians in the army courts saying unlike the civilian courts, these help to handle “gun-wielding criminals quickly.” In a statement on his social media platforms, the president said the army courts were intoduced because of the rampant activities of criminals and terrorists which could not be handled…
Prime Minister Robinah Nabbanja has instructed Charles Odongtho, the spokesperson of the Office of the Prime Minister (OPM), to hand over his office immediately. Sources at the OPM told Bbeg Media that Odongtho had been told to hand over to Francis Jjingo, a former NTV journalist who Nabbanja personally recruited in April. “It is true…
Dr Kizza Besigye will spend the Christmas season in Luzira prison for the second time in 19 years. This comes after the General Court Martial remanded him and his co-accused, Obeid Lutaale Kamulegeya, to Luzira Prison until January 7, 2025. The duo faces charges of unlawful possession of ammunition and firearms. Besigye spent Christmas in…
