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
Rebecca Kadaga escaped death when hired killers abandoned their mission after receiving UGX 15 million advance payment. The would-be assassins later revealed they couldn't harm her due to deep respect for her leadership.
Business •
30 Mar '25
Uganda has taken a major step in its oil sector after signing an agreement with Alpha MBM Investments LLC, a company based in the United Arab Emirates (UAE), for the construction of a crude oil refinery in Hoima District.
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
After months of attempting to remove responsibility, funding and staff from the U.S. Agency for International Development, the Trump administration moved to effectively close it down on FridayThe Trump administrat
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
The March 23 Movement (M23) rebels have announced plans to establish their own banking system in areas under their control in the Democratic Republic of Congo (DRC), signaling their continued hold over the region.
Business •
24 Mar '25
Uganda’s General Muhoozi Kainerugaba has issued a bold warning to U.S. President Donald Trump, advising him against signing any mineral deals in East Africa that exclude Uganda and Rwanda.
Business •
18 Mar '25
Geoffrey Ongima, also known as Tower, a supporter of the National Unity Platform (NUP), has spoken out against police brutality and economic struggles in Uganda.Ongima, who was injured by security operatives durin