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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
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…
Kiira Motors Unveils All-Electric Kayoola EVS at Uganda-Tanzania Business Forum
Kiira Motors Corporation (KMC) has unveiled the all-electric Kayoola EVS Model 2024 at the 2nd Uganda-Tanzania Business Forum, held at the Johari Rotana Hotel in Dar es Salaam on May 23-24, 2024.
The Kayoola EVS is a fully electric,…
Deputy Speaker Tayebwa Urges German Legislators to Boost Coffee Imports, Tourism Investment
Deputy Speaker Thomas Tayebwa has urged visiting German legislators to advocate for increased European Union imports of Ugandan coffee.
Tayebwa emphasized the need for the EU, particularly Germany, to invest in value addition for Ugandan…
URA to Waive EFRIS Penalties for Traders, Offers Support for Compliance
The Uganda Revenue Authority (URA) is set to commence the exercise of waiving Electronic Fiscal Receipting and Invoicing Solution (EFRIS) outstanding penalties that had been imposed on traders. This comes after the authority invited all…