Category: Business

Uganda continues to consolidate key integration milestones in EAC

Uganda continues to consolidate key integration milestones in EAC

As of April 2024, the East African Community accounted for 31.7 percent of Uganda’s total export market whereas her total trade with the rest of the world increased by 36.3 percent to US$18.1billion in 2023 from US$13.3billion in 2022, while total imports from

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Kyotera Businessman Robbed 150 Million Shillings in Broad Daylight

Kyotera Businessman Robbed 150 Million Shillings in Broad Daylight

Police in Kyotera district are investigating an armed robbery in which assailants stole 150 million shillings from Pulinali Semanda, a 53-year-old businessman and owner of Zavuga Coffee Investments.The incident oc

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Katakwi: Ongorok Donates 5 Million Shillings to Support God’s Work in Usuk County

Katakwi: Ongorok Donates 5 Million Shillings to Support God’s Work in Usuk County

In a demonstration of his commitment to the spiritual development of the community in Usuk County, Katakwi District, Mr. Richard Ongorok, a constituency aspirant, has generously contributed 120 bags of cement worth 3.8 million shillings to 12 churches in Ongongo

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Why Uganda’s rich remind the poor to enjoy eggs and milk

Why Uganda’s rich remind the poor to enjoy eggs and milk

During the French Revolution of 1789 Marie Antoinette, wife of King Louis XVI and privileged Queen of France was controversially made very famous by four words. It was claimed that on hearing peasants were finding it hard to put bread; a cheap staple food, on th

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A bitter fight over a multi-billion shilling MTN marketing contract

A bitter fight over a multi-billion shilling MTN marketing contract

In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketing agency that would be part of a multi-

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Sale of blood at health facilities leaves patients' pockets bleeding

Sale of blood at health facilities leaves patients' pockets bleeding

The theft of blood by a cartel of health workers at Nabiganda Health Centre IV in Butaleja District has placed hundreds of people meant to benefit at risk.An investigation carried out by Uganda Blood Transfusion S

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PRIME What EABL’s offer to fully own UBL means

PRIME What EABL’s offer to fully own UBL means

Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.

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Uganda Airlines to mark 5th birthday with new routes

Uganda Airlines to mark 5th birthday with new routes

This month, the national carrier, Uganda Airlines will make five years of spreading its wings across the East African region, India, West Africa, and the United Arab Emirates.The fifth birthd

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How Ndere fell deep into Shs10bn debt

How Ndere fell deep into Shs10bn debt

A few days ago, Quickway Auctioneers and Court Bailiffs listed for public auction, three properties including Ndere Cultural Centre, a well-known institution for cultural preservation and education, due to an unpaid loan.The public notice indicated that Ndere Cultural Centre, sp

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Egypt announces Africa’s first hydrogen-powered skyscraper, offering a new era for green power

Egypt announces Africa’s first hydrogen-powered skyscraper, offering a new era for green power

An artist’s rendering of the Forbes International Tower.Photo: Adrian Smith + Gordon Gill ArchitectureForbes is set to construct a 50-storey hydrogen-powered building in Egypt, the first of its kind in Africa. This groundbreaking pr

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