Business •
09 Oct '24
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
Business •
25 Sep '24
A citizen has sued the government, challenging the alleged move to relocate Luzira Prison to Buikwe District in a bid to pave the way for a commercial investment. Mr Deus Arinaitwe has sued the Attorney General (AG), who is the chief legal adviser of the government, seeking orders and de
Business •
17 Feb '24
Africa’s Heads of State convened a private meeting to discuss the peace and security situation in the Eastern Democratic Republic of Congo. The closed-door session occurred before the commencement of the 37th Ordinary Session of the Assembly of the African Union, to achieve peace in Africa by 2
Business •
07 Feb '24
The Directorate of Public Prosecution (DPP) has assumed the prosecution of the case involving Ugandan businessman Patrick Bitature and his wife, Carol Nzaro, concerning a $26 million commercial dispute with South African money lender Vantage Mezzanine Fund 11 Partnership. Chief State Attorney Joa
Business •
05 Feb '24
Capt Omara: Does He Want Me to Sell My Children to Get the Shs350m?All is not well for Abim District LCV Chairperson Capt (Rtd) Yuventine Omara after a city lawyer gave him a two-week ultimatum within which to clear his outstanding legal fees amou
Business •
16 Jan '24
Farmers in Ibanda are experiencing a boon in their earnings as coffee prices reach unprecedented highs over the past few months. Robusta coffee, in particular, is currently trading at a record high of sh9,200 per kilogram in Ibanda town, with beans fetching sh8,900 a kilo in Kashangura, Kagongo d