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- Uganda Prepares to Celebrate 39th NRA/NRM Victory Day
- Presidential Affairs Committee Backs Additional Funding for RDCs and Office Construction
- Uganda Receives 10,000 Mpox Vaccine Doses from European Commission to Combat Outbreak
- CDF Visits Algeria’s Air and Navy Forces.
- Uganda’s Economy Records 6.7% Growth in Q1 FY 2024/25
- Speaker Among – Public Healthcare is our Priority.
- Gen. Kainerugaba Discusses Military Cooperation with Algerian Counterpart
- Uganda to Showcase at the Prestigious OTM Show in India.
- Gen. Muhoozi in Algeria for Bilateral Talks.
- Auditor General Exposes Major Shortcomings in Tax Appeals Tribunal
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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
BoU Revokes Mercantile Credit Bank License
Bank of Uganda has revoked the license of Mercantile Credit Bank Ltd and ordered the company to wind up its affairs. Mercantile is a Tier II financial institution. Credit Institutions are described as “non-bank” financial institutions that…
President Museveni to Meet City Traders Over EFRIS Concerns
President Yoweri Museveni is scheduled to meet with city traders this Thursday under the umbrella organizations of the Kampala City Traders Association (KACITA), Uganda Cargo Consolidators, and Kampala Rice Traders to discuss the…
MTN Donates ICT Lab to Ariwa SS in Bidibidi Refugee Settlement
Ariwa Secondary School in Bidibidi refugee settlement in Yumbe district has received an Information and Communications Technology (ICT) lab to help enhance digital learning opportunities for students.
The lab is equipped with 20…
President Museveni Pushes for Industrial Growth through Mineral Refinement
President Yoweri Kaguta Museveni has directed the Ministries of Science and Energy to collaborate with Dr. Luisa Moreno, an expert in finance, business development, and technical research in the Technology, Mining, and Metals industries.…
URA to Sign MoUs with Clearing Agent Associations to Enhance Business Operations
The Uganda Revenue Authority (URA) is set to sign Memorandums of Understanding (MoUs) with various clearing agent associations to streamline business operations.
This development follows a recent meeting between Abel Kagumire, the…
Uganda Launches Nationwide Sensitization Workshops on New Mining Regulations
Officials from the Ministry of Energy and Mineral Development held a stakeholder consultation and sensitization workshop at the Busia district headquarters to inform artisanal miners about the new mining regulations and acts. These…
Uganda Hosts UK Delegation to Boost Investment Opportunities
The State House Investors Protection Unit (SHIPU) Head Col. Edith Nakalema hosted a delegation from the United Kingdom led by Mr. Jaffer Kapasi OBE, the Consul General of Uganda to the Midlands.
The meeting took place at the unit’s…
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…