All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.
Ms. Jackie Namutebi, an official from the Microfinance Support Centre, has challenged leaders of Emyooga SACCOs to focus on improving their SACCOs in order to achieve the presidential vision of fighting poverty in Uganda.She stressed the importance of increasing savings in these SACCOs and
What began as a claim over a USD 400,000 shareholder loan has evolved into a complex legal battle that cuts across project finance, shareholder rights, and cross-border dispute resolution.At its core, the case now pits Charles Odere, the subordinated lender seeking repayment, against a con
Authorities are rolling out a comprehensive physical development plan for the Greater Kampala Metropolitan Area, prioritising structured urban growth, climate resilience, improved connectivity, and a stronger role for the private sector in shaping the city’s future.The government is movi
A bold vision to transform Uganda into a $500 billion economy has been laid out, with a strong warning that the country risks missing out unless it urgently empowers its private sector.Presenting before National Resistance Movement Members of Parliament at the National Leadership Institute
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
Centenary Bank, the leading microfinance bank in the country and the Office of the Supreme Mufti (OSM) partnered to roll out the OSM Digital Payments Platform, a transformative initiative aimed at facilitating seamless financial transactions within Muslim communities through secure, convenient, a
Lafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northern SyriaLafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northe
President Museveni assents to the Valuation Act 2025, introducing strict standards and fines of up to 100 million Shillings to regulate Uganda’s real estate sector.KAMPALA — President Yoweri Museveni has assented to the Valuation Act, 2025, a landmark piece of legislation designed to f
Court heard that between July 2022 and April 2023, the accused fraudulently obtained USD 286,910 (approximately Shs1.1 billion) from Qatar-based investors under the guise of securing a government contract.Businessman Gilbert Tumwebaze Bafanabyo walks handcuffed from Anti-Corruption Court i
