Author: felix@elixnews.co.ug

President Vladimir V. Putin on Sunday extended his rule over Russia until 2030, using a heavily stage-managed presidential election with no real competition to portray overwhelming public support for his domestic dominance and his invasion of Ukraine. Some Russians tried to turn the undemocratic vote into a protest, forming long lines at polling stations at a predetermined time to register their discontent. But the Kremlin brushed those challenges aside and released results after the polls closed claiming that Mr. Putin had won 87 percent of the vote an even higher number than in the four previous elections he participated…

Equity Bank has announced plans to finance Women businesses. The move is aimed at empowering and enabling women in small-scale businesses to achieve their full potential. In line with the International Women’s Day theme of ‘invest in women; Accelerate progress,’ Equity Bank is focusing on supporting women customers, particularly those in the micro-segment. This was announced at an event dubbed ‘’Abakyala ku Ntiiko’’ that featured inspirational speakers, financial literacy training sessions and exhibitions showcasing products from women customers supported by the Bank. Elizabeth Mwerinde Kasedde, Executive Director of Equity Bank emphasized the importance of financial independence for women. She…

African CEO Magazine, a New York City-based Pan-African media and events production company, is collaborating with the Uganda Investment Authority (UIA) to host the Uganda International Business and Investment Summit from 23-25 May in Kampala. In recent years, particularly since the outbreak of the COVID-19 pandemic, several emerging issues have posed severe challenges to Ugandan businesses and the business finance ecosystem. Overcoming these challenges by providing new opportunities for businesses is fundamental to expanding and positioning Ugandan companies, impact investors and policymakers for future progress and growth that leaves no one behind. The Summit aims to help Ugandan businesses…

In a drastic move aimed to uplift women in all spaces of work, Ministry of Energy top officials have appointed Dr Patricia Litho as the Assistant Commissioner in charge of Communications. The decision follows a thorough selection process identifying Litho as a pivotal figure in steering the ministry’s communication strategies amidst ongoing challenges and opportunities in the energy sector. Dr Patricia Litho a seasoned communication specialist joins the Ministry of Energy with lots of academic proficiency in the realm of communication. She Holds a Ph.D. in Innovation and Cultural Studies from the University of East London, a Master of…

In a significant development poised to revolutionize vocational training standards in Jinja, MTN Foundation has donated equipments worth millions to Heta Vocational Ground. The donation, part of the esteemed MTN Changemakers Initiative, underscores MTN’s commitment to fostering inclusive, empowered and sustainable development of communities across Uganda. This premier vocational training center, known for its commitment to empowering vulnerable communities,has historically relied on basic tailoring machines for training and employment initiatives. The limitations of such equipment have constrained both the learning velocity and the volume of commercially viable garments produced. This scenario is poised for a significant overhaul following…

Renowned Nigerian artist, David Adedeji Adeleke, popularly known as Davido, is set to perform on Good Friday March 29, at Kololo Independence ground. This highly-anticipated Timeless Concerts in Kampala is organised by Eastern Vibes, promoters in partnership with International University of East Africa and sponsored by Ntv Uganda, Pepsi, Davido is a songwriter, singer and record producer last visited Uganda in January 1, 2019, at the 30 Billion concert at the Pearl of Africa Hotel. Despite a delayed start, the multi-award-winning artist captivated the audience with his infectious vibes and high-energy performance, leaving revelers impressed and ready to embrace…

As part of its programme to recognise Women, MTN Uganda is delighted to announce the unveiling of 118 exceptional women entrepreneurs who have been selected as service providers under the Advancing Women Entrepreneurs (AWE) program. Launched in October last year, this initiative underscores MTN’s commitment to empowering and uplifting women in business across Uganda. The AWE program was designed with the aim to; grow the female MTN supplier base, build the capacity of women businesses through skills development as well as building sustainable business eco systems through mentorship and coaching programs. Through a rigorous selection process following its expression…

In a strategic move aimed to contribute towards job creation, Buganda Kingdom Minister has bought Jimmy Sekasi Catering Institute headquartered in Kabalagala. Started in 1989 by lateJimmy Hannington Sekasi, who was murdered by the LRA rebels with nine of his students on a study tour to Murchison Falls in Northern Uganda in March 2001, Jimmy Sekasi Business Institute (JSBI) has been instrumental in training hospitality workers in the country. This institute is now a private limited liability company run by Gombe Education Service (GES) and owned by Owekitibwa Kyewalabye Male David. The institute recently represented Uganda in a world…

The Embassy of France will invest up to shs 12 trillion in Uganda over the next three years, Mr. Xavier Sticker, the Ambassador Extraordinary and Plenipotentiary of France to Uganda has announced. He made the revelation during a bilateral meeting with Ugandan Minister of Foreign Affairs General Jeje Odongo at the Ministry’s offices in Kampala. Mr. Sticker reaffirmed France’s unwavering commitment to investing significantly in Uganda’s socio-economic development. He said that the substantial sum of sh12 trillion will be strategically allocated across key sectors, including but not limited to agriculture and oil and gas, to foster sustainable growth and…

Africa’s Real Estate giant, VAAL Real Estate is set to sink over $30million into Uganda real estates market this website has learnt. The money will be invested in its flagship housing project dubbed CADENZA valued at approximately US$30 million. According to company officials the construction works for CADENZA located in Nakasero Kampala is expected to begin next month and the project will be ready for occupation in 2027. Vaal Real Estates officially launched in Uganda market on Feb.28 with big promises of revolutionizing the sector with luxury living spaces in Kampala. VAAL Real Estate development spans countries such as…