Business •
16 Oct '24
The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin
Business •
12 Oct '24
The government has terminated its agreement with Tibet-Hima Mining Company for the management and operation of Kilembe Mines, which is a major step forward for Uganda's mining industry.This judgment was taken in r
Business •
11 Oct '24
One of the country’s leading telecommunication company, Airtel Uganda has unveiled a new managing director following the resignation of Mr Manoj Murali who has been at the helm since 2020.Mr Soumendra Sahu will be the new MD effective December 1, 2024 after Muali said he would be resigning
Business •
11 Oct '24
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an
Business •
11 Oct '24
Four years ago, the coronavirus pandemic increased human reliance on technology which enabled virtual engagements. Research by the National Library of Medicine, a US-based biomedical informatics and the world's largest biomedical online library shows that the Covid-19 imposed restr
Business •
11 Oct '24
US President Joe Biden has postponed his trip to Germany and Angola, potentially ending the excitement surrounding what would have been his maiden trip to Africa since he took power. The White House on Tuesday confirmed the grapevine that had swirled on social media networks over the pas
Business •
11 Oct '24
Residents in Kayunga District have been urged to enjoy the country’s independence while working hard to achieve financial independence in their homes. Speaking during the Ntenjeru North independence celebrations at Kiwangula C/U Primary School in Busaana Sub-county finance state minist
Business •
09 Oct '24
Uganda People’s Congress (UPC) president, Jimmy Akena, has advised General Muhoozi Kainerugaba, the president’s son, to adopt a more diplomatic approach in handling diplomatic matters.Akena emphasized the impo
Business •
09 Oct '24
Kenya’s National Assembly voted to impeach Deputy President Rigathi Gachagua on Tuesday, October 8, 2024 in a historic political event. The decision was made during a lengthy parliamentary session, with 281 members voting in favor of the impeachment, while 44 opposed it, and one member abstained.
Business •
09 Oct '24
Uganda’s coffee exports to the European Union (EU) are expected to remain unaffected by the looming December 2024 deadline of the EU Deforestation-free Regulation (EUDR), according to Hon. Henry Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties). The mi