Category: Business

ACCA and Deloitte Uganda Launch 9th CFO Awards to Celebrate Financial Leadership

ACCA and Deloitte Uganda Launch 9th CFO Awards to Celebrate Financial Leadership

The Association of Chartered Certified Accountants (ACCA) Uganda and Deloitte Uganda have launched the 9th edition of the Chief Financial Officer (CFO) Awards.Organised under the theme, “CFO Vision: Creating Impact and Legacy,” the 2025 awards will spotlight finance leaders who are not

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Roke Telkom Champions Local Innovation, Infrastructure at National ICT Summit

Roke Telkom Champions Local Innovation, Infrastructure at National ICT Summit

The second National ICT Summit concluded today at the National ICT Innovation Hub in Nakawa, wrapping up a successful two-day gathering focused on scaling Uganda’s digital economy through innovation and inclusion.Convened by the ICT Association of Uganda (ICTAU), with support from R

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Uganda’s Ethanol Blending Programme: A Triple Win for Farmers, Economy, and Environment

Uganda’s Ethanol Blending Programme: A Triple Win for Farmers, Economy, and Environment

Uganda has officially launched a national biofuels blending programme that could transform the country’s energy landscape, breathe new life into rural agriculture, and significantly cut carbon emissions.The initiative, which will begin with a 5% ethanol blend in petrol (E5) and scale up

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Kampala Restaurant Week 2025 attracts over 10,000 diners

Kampala Restaurant Week 2025 attracts over 10,000 diners

Closing on a high, the 2025 edition of Kampala Restaurant Week drew over 10,000 diners to more than 30 participating restaurants across the city in a 10-day celebration of flavor, creativity, and culture.The city’s signature dining holiday offered food lovers a ch

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Barnabas Taremwa: Global Cartels Behind Uganda’s Coffee Losses

Barnabas Taremwa: Global Cartels Behind Uganda’s Coffee Losses

Fellow Ugandans, especially our coffee farmers and those aspiring to join the coffee industry,I feel compelled to share some truths and clarify the situation regarding coffee farming in Uganda and the dynamics of the global coffee market.This is a

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Africa’s Richest Four Hold More Wealth Than Half the Continent

Africa’s Richest Four Hold More Wealth Than Half the Continent

Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.The report – 

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Court Orders Shoprite Uganda to Pay Shs 1.3bn in VAT Arrears

Court Orders Shoprite Uganda to Pay Shs 1.3bn in VAT Arrears

Shoprite Uganda was acquired by CarrefourKampala, Uganda | The Tax Appeals Tribunal (TAT) has ruled that Shoprite Checkers (U) Limited is liable to pay Shs 1,354,624,690 in Value Added Tax (VAT) to the Uganda Revenue Authority (URA),

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Tycoon Meddie Ssebagala’s Electronics Empire Faces Collapse Over Shs 1.2 Billion DTB Loan

Tycoon Meddie Ssebagala’s Electronics Empire Faces Collapse Over Shs 1.2 Billion DTB Loan

Prominent businessman Muhammed Ssebagala, proprietor of Ssebagala & Sons and owner of the Light of the World Electrical Shops in Kiyembe, is staring at the collapse of his once-thriving electronics empire as financial troubles deepen.Court bailiffs, a

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dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn

dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn

dfcu Annual General MeetingShareholders of dfcu Limited are set to earn a 121 per cent increase in dividend payout for 2024, rising to Shs 20.09 per share from Shs 9.10 in 2023, following a remarkable turnaround in the bank’s financial performance.

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Scammed and Stranded: Family Faces Land Loss After Don Chris Travel Fraud

Scammed and Stranded: Family Faces Land Loss After Don Chris Travel Fraud

One of the many victims affected by the travel scam involving Don Chris has come forward with a heartbreaking story. The young woman, who preferred to remain anonymous, revealed the extent of her family's financial sacrifice to fund her dream of traveling abroad

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