Business •
21 Oct '24
Parliaments all over the world have been known as places where elected representatives of the people develop, deliberate, and adopt legislation that promotes public interests. In Uganda, Parliament has been at the forefront of originating, drafting and passing Bills that are often aimed
Business •
21 Oct '24
President Museveni commended King Omusinga Charles Wesley Mumbere of the Rwenzururu Kingdom for his efforts in promoting peace since his return from nearly seven years of incarceration following his arrest in November 2016. His arrest occurred after a UPDF raid on his royal palace in Kas
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 •
17 Oct '24
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj
Business •
16 Oct '24
The Presidential Advisory Committee on Exports and Industrial Development chairman, Mr Odrek Rwabwogo has said Uganda should create markets that it has control over. Speaking during a press briefing to announce the outcomes of the Pan-African Congress Business Forum, Mr Rwabwogo said the
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 •
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 •
14 Oct '24
Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, will produce medications for infectious and non-communicable diseases, to add to its HIV and anti-malarial drugs. Mr
Business •
14 Oct '24
The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer
Business •
14 Oct '24
Finance Minister Matai Kasaija has said Uganda has installed a total of 4,354 kilometre of fiber cables across the country, connecting 1,523 key government service delivery units to the National Backbone Infrastructure. Speaking during the 15th National Competitiveness Forum in Kampala,