Business •
22 Oct '24
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo
Business •
22 Oct '24
The Ministry of Agriculture, Animal Industry, and Fisheries (Maaif) has signed a memorandum of understanding (MoU) with China Communications Construction Company (CCCC) to enhance Uganda’s agricultural capacity. The move aims at the development of post-harvest handling infrastructure,
Business •
21 Oct '24
Namayingo and Buyala village, Budondo in Jinja District are set to benefit from new equipment for manufacturing reusable sanitary pads, thanks to an initiative by the Uganda Civil Aviation Authority (UCAA).
This follows an intervention sparked by an NTV report earlier this year highlighting t
Business •
21 Oct '24
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu
Business •
21 Oct '24
More than 80 percent of women seeking treatment for breast cancer in Uganda are diagnosed at a late stage of the disease. According to Global Cancer Statistics 2022, breast cancer accounts for about 23.3 percent of all cancers in women, making it the second most common cancer among women in
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 •
21 Oct '24
The hope of paving roads from the Ugandan border to cities in the Democratic Republic of Congo has got a lease of life after the transport ministers of both countries signed an amended agreement to develop them. The Uganda Minister of Works and Transport, Gen Edward Katumba Wamala, and h
Business •
17 Oct '24
The Stanbic Purchasing Managersâ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September. However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio
Business •
16 Oct '24
Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju
Business •
14 Oct '24
Deputy Speaker of Parliament Thomas Tayebwa has said government has already contracted China Railway Number 3 Group to design and build key infrastructure in the Sino-Uganda Mbale Industrial Park. The 619-acre park, which was commissioned in 2018, currently grosses an investment portfoli