Category: Business

Traders in Bugolobi Market blame fuel costs for rising food prices

Traders in Bugolobi Market blame fuel costs for rising food prices

Traders at Bugolobi Market in Kampala have raised concerns over the rising cost of fuel, saying it has significantly increased transport expenses and forced them to hike prices of essential goods.The vendors, including food sellers, banana dealers, butchers, fruit traders and boda boda cyc

Ultimate Uganda

Mr President, Please Consider Bringing Back UMEME and UNRA

Mr President, Please Consider Bringing Back UMEME and UNRA

As it is always said, the goodness of someone will not be felt until that person disappears. Mr President, that is what we are now feeling after the departure of UMEME from managing Uganda’s electricity power.At first, Ugandans hated UMEME due to its own mistakes that the supplier had co

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Uganda Ordered to Pay Shs522 Bn After Losing London Arbitration Over Rail Concession

Uganda Ordered to Pay Shs522 Bn After Losing London Arbitration Over Rail Concession

Uganda has been ordered to pay about Shs522 billion ($138.93 million) to Rift Valley Railways Uganda Limited (RVRU) after an international arbitration tribunal in London found that the government “wrongfully terminated” a railway concession agreement.The dispute arises from a regional

Ultimate Uganda

Garage Operators in Ntungamo Municipality Demand Services After Relocation

Garage Operators in Ntungamo Municipality Demand Services After Relocation

Evicted garage owners, mechanics, and welders in Ntungamo Municipality have appealed to authorities to extend essential services to their new area of operation following their relocation under the recently implemented Trade Order.The concerns were raised during a meeting held today at Red

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Centenary Bank makes hushed leadership changes

Centenary Bank makes hushed leadership changes

Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon

Ultimate Uganda

UEDCL bosses sacked over poor performance

UEDCL bosses sacked over poor performance

The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday

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New Look of Redeveloped Nakivubo Channel

New Look of Redeveloped Nakivubo Channel

The images capture visible progress along the channel, including reinforced concrete structures, expanded drainage sections, and orderly construction works stretching through the central business district.Once known for flooding, congestion and poor sanitation, the area is steadily changin

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Sino Mbale Industrial Park Expands Opportunities for Ugandan Workers

Sino Mbale Industrial Park Expands Opportunities for Ugandan Workers

As Ugandans mark Labour Day, industrial parks continue to play a key role in creating employment opportunities for both skilled and unskilled workers across the country.Sino Mbale Industrial Park, located in eastern Uganda and covering 2.51 square kilometres, hosts 82 factories and employ

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How new PAYE will change your salary

How new PAYE will change your salary

For years, Pay As You Earn (PAYE) has felt like one of those silent deductions you don’t question. You just look at your payslip, sigh a little, and move on.But this time, it is different.For more than 10 years, Uganda has kept PAYE largely tied to a reality that no longer exists.

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Ntungamo, Rukiga shut animal markets over FMD outbreak

Ntungamo, Rukiga shut animal markets over FMD outbreak

Security and veterinary officials have suspended animal and animal product markets in Ntungamo District following an outbreak of foot and mouth disease in some parts of the district. The animal movement quarantine will also affect Rukiga District.The Ntungamo Resident District Commissioner

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