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Business
We bring you the latest business news from Uganda, East Africa & around the world. Get insights on market trends, company updates, financial developments, and economic analysis
Museveni Welcomes Dubai Billionaire set to Invest in Uganda
President Yoweri Kaguta Museveni has met the CEO and Managing Director of Rowad Capital Commercial LLC (RCC) group, Mr. Chaher Al Taki who called on him at State House Entebbe.
RCC is a leading global engineering and construction…
Government Calls for Quality and Quantity in Uganda’s Manufacturing Sector
State Minister for Trade, Industry, and Cooperatives, Harriet Ntabaazi, has urged local manufacturers to improve the quality of their products to meet global standards. She emphasized that this is essential for positioning Uganda as a key…
Students Demand Alternatives as Makerere University Considers Business Evictions
Business owners at Makerere University are feeling very anxious because they recently lost a lawsuit against the university. This lawsuit was about the university's decision to evict them from their businesses. The court decided in favor of…
NSSF Announces 10% Interest Rate for Members
Finance and Economics Development Minister, Matia Kasaijja, has officially announced a 10% interest rate for members' savings in the National Social Security Fund (NSSF) for the fiscal year ending in June 2023.
The 10% interest rate…
President Museveni Warns Public Servants Against Failing Investors
President Yoweri Museveni has urged politicians and public servants in Uganda not to hinder investors, emphasizing their importance in the country's economic growth.
He made this statement during the inauguration of a new Tororo Cement…
Museveni Urges Tororo Residents to Join Money Economy
President Yoweri Kaguta Museveni has urged the people of Tororo District to join the money economy in order to fight poverty.
“We have told you, please working only for the stomach is not good. You must all join the money economy because…
The Mutual Benefit of Streamlined Mombasa Port Operations and Uganda Import Trade
Being a landlocked country, Uganda depends on her regional neighbours, Kenya and Tanzania having coastlines to transact foreign trade. However, the Kenyan port of Mombasa stands out as the major hub for foreign trade and any trade policies…
TotalEnergies EP Uganda, Light for the World To Promote Inclusive Employment
TotalEnergies EP Uganda and Light for the World (LftW) have agreed to work together for two years to make sure that people with disabilities have equal opportunities for jobs and are not treated unfairly.
LftW is an organization that…
President Museveni Welcomes ICAO Inspection to Ensure Safe Air Travel
President Yoweri Kaguta Museveni on Wednesday received a delegation from the International Civil Aviation Organization (ICAO) at the Speke Resort Munyonyo, Kampala.
The meeting was on the sidelines of the Uganda-South Africa Trade &…
UNBS Implements Measures To Export High Quality Maize
In response to recent challenges faced by Ugandan maize products in regional markets, particularly Kenya and South Sudan, the Ugandan government is implementing new measures to ensure compliance with quality standards.
The East African…