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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
MTN CEO Announces Data Bundles That Don’t Expire
Telecommunications giant MTN Uganda has announced a package of internet bundles that have no time limit for expiration a few weeks after a Ugandan sued telecom companies over expiry of data.
The offering allows internet users to get 6MB…
Jumia Food Shuts Down Rwanda Operations over failure to make profit
Jumia Technologies has said it is suspending its Rwanda operations after six years of delivering food and drinks.
The New York-listed e-commerce platform made the announcement on Monday.
“We regret to inform you that Jumia will…
Kadaga implores President to offer tax holiday to local investor
The Speaker of Parliament, Rebecca Kadaga, has asked President Museveni to extend tax incentives and holidays to a one Prof. Muhamad Lubega, the proprietor of Lubega School of Nursing and Medical Services.
Lubega School of Nursing and…
Why EAC Partner States Must Treat Businesses Equally
The newly passed East Africa Community Competition Act ( EAC Competition Act) is a law meant to regulate matters that touch on competition and consumer welfare in the region.
The East Africa Community (EAC) is made up of six partner…
Rwanda partners with french giants Paris Saint-Germain
Rwanda has partnered with French top-flight team Paris Saint-Germain in its drive to promote tourism.
In a statement on Wednesday, Rwanda Development Board (RDB said the deal would expose "Rwanda’s breathe-taking beauty, creative…
Museveni Commissions Mobile Phone and Computer Factory in Namanve
Uganda’s first mobile phones and laptops assembly plant has been commissioned this afternoon in Namanve Industrial Park, Mukono district.
The factory built by a Chinese Electronics firm, ENGO Holdings Limited was installed to produce…
Uganda’s Quality Chemicals Flags Off First Consignment Of Malaria Medicine To Rwanda
Cipla Quality Chemical Industries Limited (CiplaQCIL) has flagged off the first consignment of anti-malarial drugs to Rwanda as part of the President’s Malaria Initiative (PMI).
The company was awarded the PMI contract several months ago…
Only Trade Will Transform our Country – Museveni Tells EU Envoys
President Yoweri Museveni yesterday received and held a meeting with the European Union delegation in Uganda led by the European Union Ambassador to Uganda H.E. Attilio Pacifici.
The European envoys that included the heads of missions of…
Balanced Trade and Investments Will Bring World Stability – Museveni Tells Russia-Africa…
President Yoweri Museveni has said the historic relationship between Africa on one hand with Russia, China, India and other third world countries on the other, can bring about stability in the world through balanced and mutually…
Government Names 75 Pump Stations Selling Fake Fuel
The Ministry of Energy and Uganda National Bureau of Standards (UNBS) have published a list of 75 fuel pump stations said to be selling adulterated fuel over the last three months.
According to a notice signed off by Rev Frank…