Dar es Salaam, Tanzania | URN | President Yoweri Kaguta Museveni of Uganda and Samia Suluhu Hassan of Tanzania have endorsed a landmark Memorandum of Understanding (MoU) aimed at reshaping East Africa’s energy economy by shifting the region’s focus from crude oil exports to building an integrated regional energy and industrial hub. The agreement, signed on Thursday by the Uganda National Oil Company (UNOC), the Tanzania Petroleum Development Corporation (TPDC) and Vitol Bahrain E.C., provides the framework for the proposed Tanga Regional Energy Hub. The project will integrate petroleum refining, storage, logistics, petrochemicals and cross-border energy infrastructure along Tanzania’s Indian…
Author: Entebbe News
Next Media and Uganda at large mourn the death of two Next Media journalists, Producer Badru and Isaac Ndagigye, who lost their lives in a nasty road accident. According to reports surrounding their death, three journalists, including Brian Macona, Producer Badru, and Isaac Ndagigye, were traveling after broadcasting several events, including content creators Chicken Chicken and Shawa’s boxing match. Unfortunately, they experienced a terrible road accident along the Express Highway, claiming Producer Badru and Isaac Ndagigye on the spot. The three were traveling in a Toyota car with registration number UA 779DE, which collided head-on with another car with registration…
NCBA Bank headquarters in Kampala. Kampala, Uganda | ENTEBBENEWS.NET | NCBA Group Plc has posted a 12.2% increase in first-half profit as East Africa’s economic recovery fueled lending and customer deposits, helping the regional lender offset a sharp increase in provisions set aside against potentially bad loans. Net income rose to KSh12.4 billion in the six months ended June 30 from KSh11 billion a year earlier, the regional bank said Wednesday. Pre-tax profit climbed 14.3% to KSh15.5 billion, while operating income rose 15.1% to KSh40.7 billion. The performance underscores the resilience of East Africa’s banking sector despite persistent inflationary pressures,…
Kampala, Uganda | ENTEBBENEWS.NET | In Kampala’s crowded trading spaces, where hundreds of small businesses compete for customers every day, building a name can take years. For Ronald Atuhumwize, the journey began not with a shop or a large investment, but with the informal trade around Qualicel Bus Terminal and Nabugabo Street. Today, he runs Salongo House of Shoes from Mukwano Arcade on Ben Kiwanuka Street, serving customers looking for footwear for men, women and children. The business also serves wholesale buyers. The distance between the two points tells a familiar story about entrepreneurship in Uganda: businesses are often built…
Swangz Avenue singer Vinka has addressed Julius Kyazze, describing her as the greatest investment of his career. Kyazze appeared in a recent interview answering questions about Swangz Avenue, where he was asked what his biggest investment was, mentioning Vinka, who kickstarted her professional music career in 2017. Vinka, while speaking to NRG Radio, reacted to the statement, noting that Kyazze was recognizing how far she had come and how hard she had worked to build her brand to the level it is at now. Because of this, she emphasized that no other label mates would take it personally or out of context.…
Singer Weasel Manizo’s eldest son, Malcom Mayanja, has addressed the relationship with his father and his partner Sandra Teta, denying allegations that they were at loggerheads. A few weeks back, social media was awash with recordings believed to be of private conversations of a heated argument between Weasel and Malcolm. Days later, Malcom issued a public statement on his social media accounts, apologizing to his father and the entire family for the disgrace he had brought to them. During an interview with BBS TV, Malcolm further apologized to his father, acknowledging his mistakes. Despite not detailing their fallout, he revealed that…
Dancehall singer King Michael has publicly apologised to Omulangira Suuna for unintentionally failing to recognise him at his recently concluded concert. Over the weekend, Michael had his concert and expressed gratitude to several creatives who supported his career, shunning Omulangira Suuna’s efforts despite being the brains behind his hit song ‘Muko Muko’. Omulangira Suuna was so quick to express his disappointment as he felt he was not being appreciated enough for how much he contributed to King Michael’s career. Michael, during his interview with BBS TV, apologised to Suuna, noting that it wasn’t his intention to ignore his contribution on his special…
Waste uncollected at Mukalazi road in Bwaise Kampala, Uganda | URN | The Kampala Capital City Authority (KCCA) has intensified garbage collection across Kampala’s suburbs as the rainy season sets in, amid growing concern that uncollected waste could clog drainage channels, worsen flooding and increase public health risks. Over the weekend, piles of garbage were still visible in several suburbs, including Kibuli, Munaku, Kawaala, Bwaise and Makindye, despite ongoing waste evacuation operations following the recent National Cleaning Day. Residents have expressed concern that if the waste is not removed before heavy rains, it will be washed into drainage channels, leading…
Renowned city pastor Nnalongo Irene Manjeri has denied having any serious health conditions after she suddenly collapsed on the pulpit during a Sunday service. Pr. Manjeri had visited Pastor Patrick Makumbi at Gospel Healing Centre International in Lweza, where she lost her breath midway through her speech. Before she collapsed, she had only managed to introduce herself and requested the congregation to let her go back home and rest. Manjeri, while speaking to Sanyuka TV, addressed the incident, noting that she was suffering from extreme fatigue. Initially, the Bethel Healing Center Church lead pastor revealed that she had visited several countries like China,…
Sebaana (right), Zeob Yeolawala, CEO of Universal Enterprises (centre) and Muffaddal Yeolawala display signed MoUs Kampala, Uganda | ENTEBBENEWS.NET | Diamond Trust Bank Uganda (DTB) has partnered with Universal Multipurpose Enterprises Limited to expand access to mortgage financing and increase opportunities for Ugandans seeking to own homes amid a growing housing deficit. The partnership, formalised through a Memorandum of Understanding (MoU) signed on August 5 at DTB headquarters in Kampala, is aimed at creating a structured pathway to home ownership by connecting property buyers with affordable financing solutions. The collaboration will provide mortgage and property financing options for individuals, families…