Business

Latest business reporting and analysis for Uganda.

Trade order operations here to stay - Ministry of Finance

Trade order operations here to stay - Ministry of Finance

Speaking on Friday, Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi said government remains committed to enforcing trade order as part of wider economic reforms aimed at creating a more organised busine...

Ultimate Uganda

Ultimate Uganda

Stanbic Uganda boss Karuhanga exits on Shs591bn profit high

Stanbic Uganda boss Karuhanga exits on Shs591bn profit high

Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Lim...

Ultimate Uganda

Ultimate Uganda

Uganda budget: 199 oil wells drilled as country nears first oil

Uganda budget: 199 oil wells drilled as country nears first oil

Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold req...

Ultimate Uganda

Ultimate Uganda

Oil pipeline layoffs signal job cuts surge in sector

Oil pipeline layoffs signal job cuts surge in sector

As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety among section of staff. The move has also stoked...

Ultimate Uganda

Ultimate Uganda

Dantty picks for Business readers Sponsored marketplace