Business •
02 Jun '25
The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE
Business •
31 May '25
President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re
Business •
28 May '25
In a strategic move to foster green and decent employment opportunities for Ugandan youth, Enabel, the Belgian agency for international cooperation, and the Uganda Hotel and Tourism Training Institute (UHTTI) have signed a €260,000 ( approximately shs1.1 billion) grant agreement to support skil
Business •
28 May '25
In a strategic move to foster green and decent employment opportunities for Ugandan youth, Enabel, the Belgian agency for international cooperation, and the Uganda Hotel and Tourism Training Institute (UHTTI) have signed a €260,000 ( approximately shs1.1 billion) grant agreement to support skil
Business •
27 May '25
President Museveni grabbed the privileges of power in January 1986 after staging a guelira war in the Buganda region in the jungles of Luwero against the Obote government shortly after the 1981 presidential elections where he had lost massively under his UPM par
Business •
25 May '25
Ugandan academic and outspoken political activist Dr Stella Nyanzi says she was barred from returning to Germany despite possessing official documentation confirming her refugee status.In a social media post made on Saturday, Nyanzi accused a German migration officer based in Nairobi of pr
Business •
14 May '25
President Museveni has commissioned a 7-kilometre road network in Kasese Municipality, constructed under the Uganda Support to Municipal Infrastructure Development (USMID) program at a cost of Shs54 billion.Speaking at the ceremony, the President described the newly built roads as a vital
Business •
14 May '25
MTN Uganda has paid Shs 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund (USAF) as its statutory levy.The amount represents 2% of MTN Uganda’s gross annual revenue for the financial year ending 31 December 2024, in compliance
Business •
14 May '25
Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last
Business •
14 May '25
President Donald Trump has said the US has "no stronger partner" than Saudi Arabia during his first major foreign trip - a whirlwind visit of Gulf countries mainly focused on shoring up investment.Speaking in Riyadh, the US president also pledged to lift all sanctions agai