Category: Business

Museveni to Launch New Cement, Clinker Factory in Karamoja

Museveni to Launch New Cement, Clinker Factory in Karamoja

President Museveni is set to commission an over $300 million cement plant launch, a move that signals a new era for Karamoja and Uganda’s industrial growth.Yaobai Cement Uganda will officially launch its state-of-the-art cement plant in Moroto, in a landmark investment set to reshape Uga

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Jinja RCC Urges Sugar Cane Dealers to Transition to New Trucks

Jinja RCC Urges Sugar Cane Dealers to Transition to New Trucks

Jinja Resident City Commissioner (RCC) Richard Gulume Balyainho has urged sugarcane dealers and transporters in the Busoga sub-region to urgently replace their ageing fleet with modern trucks.Speaking on Friday during the launch of the new Sinotruk 4-ton box body truck in Jinja, the RCC wa

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Lango Prime Minister Salutes Museveni’s Efforts in Poverty Reduction and Agricultural Reform

Lango Prime Minister Salutes Museveni’s Efforts in Poverty Reduction and Agricultural Reform

Prof. Okullo made the remarks on Thursday, April 16, 2026, at the Lango Cultural Centre during the reception of 150,000 coffee wilt disease-resistant (CWD-R) planting materials from the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), in a major initiative aimed at transitioning ho

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From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

Agriculture employs more than 70% of Uganda’s population, but for many households it remains subsistence, low input, low output, and highly exposed to weather and price shocks. Access to financing is still limited, and value addition across most value chains remains underdeveloped.That s

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NO MORE CHICKEN THIGHS: Mabira’s Roadside Market Najjembe Demolished As Gov't Steps Up Demolition Of Makeshift Markets

NO MORE CHICKEN THIGHS: Mabira’s Roadside Market Najjembe Demolished As Gov't Steps Up Demolition Of Makeshift Markets

The popular Najjembe roadside market famous for its roasted chicken, gonja, nyama choma, and other roadside delicacies right as you enter Mabira Forest along the Kampala-Jinja highway in Lugazi Municipality (Buikwe District) has been demolished.The demolition that took place on Thursday, 1

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UBOS ED Chris Mukiza allegedly attempts to shoot Rubanda West MP Kamuntu at Kololo facility

UBOS ED Chris Mukiza allegedly attempts to shoot Rubanda West MP Kamuntu at Kololo facility

confrontation involving the Executive Director of the Uganda Bureau of Statistics, Dr. Chris Mukiza and outgoing Rubanda West Member of Parliament Moses Kamuntu is reported to have escalated into an attempted gun shooting incident at a top hotel facility in Kololo on Saturday evening.Eyewi

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Africa's busiest airport doubling 30m passenger capacity with massive £3.2billion upgrade

Africa's busiest airport doubling 30m passenger capacity with massive £3.2billion upgrade

Africa's "busiest" airport is undergoing a massive multi-billion-pound overhaul that will further expand its capacity. Cairo International Airport (CAI) is a major international flight hub serving the Egyptian capital and its metropolitan area. It's the country's largest and busiest airport, and

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Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report

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Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

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MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P

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