Business •
11 Nov '24
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
Business •
11 Nov '24
The Ministry of Internal Affairs has warned Non-Governmental Organizations (NGOs) to desist from taking up foreign donor funds with stringent conditions ahead of the 2026 general elections. According to the ministry, several NGOs ceased operations in Uganda after the heated 2021 election
Business •
09 Nov '24
The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu
Business •
09 Nov '24
Most rural women in Uganda are engaged in agricultural activities, contributing 88 percent of agricultural labour force, an activity that contributes to 76 percent of Uganda's economy. Women's traditional roles in agriculture are still influenced by their reproductive roles therefore, ta
Business •
09 Nov '24
Dr Gerald Akankwasa, a general physician at Mulago Hospital, started his backyard flock in Jokolera, Kasangati Town Council, Wakiso District, with just three turkeys in early 2023. Barely two years later, he now has more than 170 birds of different ages. And with his determination and in
Business •
08 Nov '24
(Kampala) – TotalEnergies Marketing Uganda has opened its first public electric charging station in Kampala at the Wampewo Service Station, in partnership with Green Hub. This launch represents a notable advancement in Uganda’s commitment to transitioning towards renewable energy and sustainable
Business •
08 Nov '24
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark
Business •
08 Nov '24
Effective January 1, next year, all importers will be required to insure their cargo using local companies. The new requirement is provided under the Marine Cargo Insurance Policy, which first took effect on July 1, 2022, but was postponed, with Uganda Revenue Authority saying importers
Business •
08 Nov '24
Uganda, through Ministry of Agriculture walks away from this year’s international Agricultural Machinery Exhibition with a commitment from Italy to establish an agricultural mechanization training centre in the eastern district of Iganga next year. The centre is estimated to cost about
Business •
05 Nov '24
(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024.
The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f