The Minister of Science, Technology and Innovation, Dr Monica Musenero, has described retired Gen Kale kayihura’s Katebe farm as a model of locally driven industrialisation and value addition, aligning with the President’s call for Ugandans to transition from subsistence agriculture to a market-oriented economy. “We are not only launching a milk processing facility, but also […]
The Renowned Muwema & Co. Advocates have today been evicted by court bailiffs assisted by Uganda Police from their rented Kololo offices on Plot 50 Windsor Crescent Road over failure to pay USD 372,300 (about Shs 1.34 billion) in accumulated rent arrears and mesne profits. The Friday eviction follows Muwema losing a long-running tenancy dispute […]
The Minister of Energy and Mineral Development Ruth Nankabirwa, has warned oil companies operating in the country against taking advantage of the escalating US/Israel war with Iran to increase prices of fuel to make profits since Uganda National Oil Company (UNOC) which supplies them fuel is still supplying it to them at the same price. […]
President Yoweri Museveni has appointed 82 year old veteran aviation executive Girma Wake as the new Uganda Airlines Chief Executive Officer (CEO) replacing embattled Jenifer Bamuturaki who was sacked from the Job by President Museveni on Monday. The appointment has been confirmed by the Minister of State for Youth and Children Affairs Balaam Barugahara Ateenyi […]
By Denis Jjuuko If you are familiar with things Masaka, you have probably heard of Nabugabo Beach. A usually quiet beach on the shores of Lake Victoria. A place you would perhaps wish to sit, listen to water waves and reflect. I think one of the major Christian faiths in Uganda even owns a retreat […]
Mbarara: Pride Bank Limited has launched a SACCO and Investment Club Product to support savings groups and clubs with better access to credit. The launch marks another milestone in the bank’s mission to expand financial inclusion and empower communities, stressing the importance of collective growth in driving Uganda’s development. The new product is designed to […]
Police has arrested several traders in downtown Kampala for participating in the planned countrywide strike against Uganda Revenue Authority (URA’s) tax policies and the alleged tax free operations of Chinese businesses. The traders launched the sit down strike this morning by closing their shops in protest against URA’s tax collection system, which they claim has […]
Equity Bank Uganda has officially launched the 2025 Tupange Business ne Equity Forum, a nationwide programme aimed at helping Small and Medium Enterprises (SMEs) grow stronger and more connected. This year’s theme, “Financing Integrated Value Chains and SME Growth”, focuses on how businesses can grow faster when every link in their chain- from suppliers to […]
The Savannah Regional Police Spokesperson Sam Twiineamazima, has revealed that the force is hunting for thugs who broke into the FINCA Bank’s Nakasongola branch and made off with UGX 192 million on Tuesday morning. According to Twiineamazima, the thugs made off with the UGX 192,587,800, two laptops, and other yet-to-be-identified items in a heist that […]
In Uganda, forex trading is steadily gaining traction, and more people are becoming interested in the opportunities it offers. There’s often a misconception that forex trading is just like gambling, mainly because of the risks involved and how quickly the market can move. However, in reality, forex trading is a legitimate financial activity that involves […]
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