Business •
22 Oct '24
A sick soldier of the Special Forces Command (SFC) has been stuck in Germany for the last 11 years after he was flown there for specialised treatment. Sgt George Bende reportedly got involved in an accident while heading for a function by First Lady Janet Museveni in Kazo District in 199
Business •
21 Oct '24
A report by the Ministry of Finance has indicated that works on critical infrastructure that seeks to connect all estates in the Kampala Business and Industrial Park, also known as the Namanve Industrial Park, remain far behind schedule less than a year to the planned completion date. Go
Business •
08 Oct '24
In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov
Business •
27 Sep '24
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
Business •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
Business •
27 Sep '24
The 2024/25 season of the UEFA Europa League has begun, with fans still getting used to a new format.With four additional teams and eight matches instead of six in a league phase, it means fans get to see more marquee matchups in the tournament.The
Business •
26 Sep '24
Nissan’s big-selling, mid-sized sport utility vehicle (SUV) gets a few choice changes in the latest edition, though nothing that would scare a current Qashqai buyer, of which there have been some four million since the first one appeared in 2007. This third generation arrived back in 2
Business •
25 Sep '24
The United Nations High Commission for Refugees (UNHCR) Country Representative, Mr Matthew Crentsil, has expressed optimism that the refugee response in Uganda will be funded amid mounting concern of unprecedented shortfalls in funding. Mr Crentsil said while there was heightened apprehe
Business •
23 Sep '24
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms. The move creates a new dimension, in which assets under management - especially by ins
Business •
23 Sep '24
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age