Business •
18 Sep '24
President Museveni has underscored the critical role of peace and security in fostering business success. Addressing participants during the fifth Bi-Annual Private Sector CEO retreat in Kampala on Monday, the President emphasised that the absence of security impedes business operations.
Business •
18 Sep '24
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in
Business •
18 Sep '24
(Kampala) – The Uganda Revenue Authority (URA) has reported a surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent
Business •
18 Sep '24
The Nabagereka Development Foundation, spearheaded by the Nabagereka of Buganda, Sylvia Nagginda, continues its mission of reviving cultural values and traditions through its latest initiative, “Obuntu Bulamu” (Humanity). Established in 2000 to foster the positive cultural values of the Buganda
Business •
18 Sep '24
Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t
Business •
18 Sep '24
August had the highest number of international passengers going through Entebbe International Airport, the Uganda Civil Aviation Authority (UCAA) has said. “Entebbe International Airport facilitated a total of 212,701 international passengers in August 2024, an average of 6,861 passeng
Business •
18 Sep '24
An ancient African tree has emerged as a new 'superfood,' revolutionizing the lives of local harvesters struggling to survive in the face of climate change-induced challenges. The baobab tree, famously known as the “tree of life,” has become a key player in the growing global market for natural
Business •
17 Sep '24
President Yoweri Kaguta Museveni has cautioned leaders against using money in politics, saying that it’s against the National Resistance Movement (NRM)’s 4th principle of democracy.
“With Principle No.4 (democracy), we must remove the pollution of using money in politics. Let all leader
Business •
17 Sep '24
Mushroom growers in Kampala metropolitan area have appealed to President Yoweri Kaguta Museveni to assist them acquire a collection centre for easy market access and value-addition materials to enable them increase their income base.
Princess Nassolo Pauline, a Senior Presidential Advisor- El
Business •
17 Sep '24
Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease.
Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call