Business •
06 May '25
Private sector operating conditions during April remained encouraging as the headline Stanbic Purchasing Managers’ Index (Stanbic PMI) rose to 55.3, up from the 52.9 recorded for March.Readings above 50.0 signal an improvement in business conditions on the previous month, while readings
Business •
01 May '25
The Obama sisters stepped out in style and were captured partying in Los Angeles.Weeks after their mother Michelle Obama addressed divorce rumors, the former
Business •
28 Apr '25
The Forum for Democratic Change has announced that whoever would like to contest for the party presidential flag bearer position will have to cough up Shs 5 million. Parliamentary hopefuls, on the other hand, will have to part with Shs 100,000.All this was revealed as the party announced t
Business •
26 Apr '25
The head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema has tasked the National Building Review Board (NBRB) to make good use of their Building Industry Management System (BIMS) to overcome unnecessary bureaucracy and eliminate wrong elements from the construction secto
Business •
25 Apr '25
Tensions within Uganda’s oldest political party, the Democratic Party (DP), have escalated as Julius Dumba, the current Uganda Youth Democratic (UYD) Chair for Kampala District and an aspiring candidate for the position of President General, has raised grave concerns over the transparency and f
Business •
23 Apr '25
The British American Tobacco-Uganda (BAT) has urged Parliament to reconsider the Excise Duty Amendment Bill 2025, which proposes increasing taxes on cigarettes.BAT officials argued that the tax hike would not only reduce their sales but also lead to a decline in government revenue."
Business •
14 Apr '25
President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductorsDonald Trump preparing to watch a UFC bout in Miami, Florida
Business •
04 Apr '25
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
Business •
03 Mar '25
Monthly headline inflation for February 2025 surged by 0.6%, more than doubling the 0.3% recorded in January 2025.The cost of living in Uganda has experienced a notable rise, with tomatoes and fresh leaf vegetables emerging as the primary contributors to monthly
Business •
08 Nov '24
Salva Kiir Mayardit has served as South Sudanâs president since the countryâs independence in 2011. South Sudanâs secession from Sudan came on the heels of a long and bloody civil war that resulted in a referendum on independence. The initial optimism about the new state f