Business •
08 Nov '24
Devotees and residents at Kigungu Landing Site in Entebbe are puzzled following a Thursday night fire at the historic Kigungu Mapeera Catholic Sub-parish, the first Catholic Church in Uganda. Head of laity at the church in Entebbe Municipality, Annet Bibiyana Nabusoba, told journalists t
Business •
05 Nov '24
(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024.
The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f
Business •
05 Nov '24
(Kampala) – Police in Uganda have arrested four teachers accused of sharing fake Primary Leaving Examination (PLE) papers online in exchange for money, and they are expected to face charges in court on November 5, 2024.
Uganda’s Police Force has confirmed the arrest of four teachers invol
Business •
05 Nov '24
As Americans vote for their next president on Tuesday, the usual dividing line is often that of the party: Democrat vs Republican. But there are other issues that could play a decisive role in the mind of voters to choose between Vice President Kamala Harris and former President Donald T
Business •
05 Nov '24
A section of anti-corruption and governance experts yesterday said America’s support towards Uganda’s fight against corruption is likely to be relaxed should Republican Party candidate Donald Trump win the presidential polls, which end today. L-R: Ugandan president Yoweri Museveni's
Business •
31 Oct '24
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Business •
31 Oct '24
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo
Business •
29 Oct '24
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
Business •
24 Oct '24
Several businesspeople in Kigogwa Town are counting losses after a fuel tanker exploded at a trading centre on Tuesday. The northbound tanker overturned before bursting into flames that engulfed the area, destroying several shops that included hardware, stationery, salons, and eateries,
Business •
23 Oct '24
By this time 62 years ago, Ugandans were getting down to the business of being independent, and the big men were rubbing their hands, relishing the opportunity to be chiefs. Having allied with the pro-monarchist and federalist Buganda-dominated Kabaka Yekka (King Only) Buganda-dominated