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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
URA Commissioner General Musinguzi Defends EFRIS
John Musinguzi, Commissioner General of the Uganda Revenue Authority (URA), has defended the enforcement of the Electronic Fiscal Receipting and Invoicing System (EFRIS), stating that Uganda has been losing approximately Shs4 trillion…
Uganda Secures Major Chinese Market for Sesame as PACEID Targets Boost in Export Earnings
The Chairperson of Presidential Advisory Committee on Exports and Industrial Development (PACEID), Odrek Rwaboggo has revealed that a huge market for Ugandan simsim/sesame has been found in China.
While addressing leaders of Lango and…
State House Initiative Distributes 75,000 Fishlings,90 Piglets to Buikwe Farmers
Fish farmers in Buikwe District rejoiced as State House officials distributed 75,000 fishlings to enhance their livelihoods.
The fishlings, comprising Tilapia and mudfish, are part of a broader initiative to boost income-generating…
Mpondwe-Lhubiriha Fish Market Reopens After Three-Year Hiatus
The Mpondwe-Lhubiriha fish market in Kasese District has officially reopened, more than three years after it was closed at the height of the COVID-19 pandemic in 2020.
The market, located near the border with the Democratic Republic of…
Government Launches ESG Frameworkwork Practices
The Deputy Governor of the Bank of Uganda, Martin Atingi-Ego, has officially launched the Environmental, Social, and Governance (ESG) framework for the banking and financial sector in Uganda.
Atingi-Ego emphasized the significance of the…
Chief Executive on the Heels -Learning to Learn.
A story of a newly appointed Chief Executive in a big institution trying to unlearn the politics in the meeting room to learning the politics in the boardroom
KCCA’s Infrastructure to Improve Access to Markets
The Executive Director of Kampala Capital City Authority (KCCA), Dorothy Kisaka, recently inspected key infrastructure projects in the city, with a particular focus on enhancing market infrastructure.
The ongoing drainage projects at…
Unexpected Shs37.6 billion Profit at UNOC Triggers PAC Scrutiny of Public Funds Management
The Uganda National Oil Company (UNOC) has reported a staggering profit of Shs37.6 billion, far exceeding its projected revenue of Shs6.989 billion.
This unexpected financial success, primarily driven by strategic investments in treasury…
CEO Wazalendo Col Onata Calls For Empowering Both Men And Women With Saving Skills
Uganda Cooperative Savings and Credit Union (UCSCU) was urged to collaborate with the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) to develop a Men’s Mentorship Programme in cooperatives, mirroring the…
President Museveni Showcases Wealth Creation Successes in Gomba
President Yoweri Kaguta Museveni yesterday reaffirmed his wealth creation strategy to the leadership of the three arms of the government by presenting accountability in the form of testimonies of significant achievements already registered…