Business •
04 Apr '25
Commerce and Industry Minister Piyush Goyal on Thursday (April 3, 2025) asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence.He also said there is a ne
Business •
30 Mar '25
President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h
Business •
30 Mar '25
The Ministry of Internal Affairs has announced that soon, Ugandans will be required to present their National Identification Numbers (NIN) to access all services, both public and private.This policy shift, which i
Business •
30 Mar '25
President William Ruto has caused a diplomatic stir in Europe following recent remarks that have led to growing concerns over Kenya’s relations with European countries. Ruto's statements have reportedly angered European officials, triggering debates on Kenyaâ€
Business •
30 Mar '25
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
Business •
28 Mar '25
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa
Business •
28 Mar '25
The Uganda People's Defense Force (UPDF) has formally requested an additional Shs 39.1 billion to support its recently launched peacekeeping operation in South Sudan.The request, presented to the Parliamentary Com
Business •
24 Mar '25
Burkina Faso's recent pronouncement of free education for all citizens, plus the provision of free textbooks for primary school children, ha
Business •
18 Mar '25
Uganda is one of the top 26 countries that face significant risks due to the reductions in U.S. foreign aid, particularly impacting health sector financing.According to an analysis from the Washington, D.C.-based
Business •
16 Mar '25
General Muhoozi Kainerugaba has issued a stern warning, declaring that anyone who dares to record a security officer's face will face serious consequences.Labeling such actions as "obstruction of justice," Muhoozi