Business •
14 May '25
President Museveni has commissioned a 7-kilometre road network in Kasese Municipality, constructed under the Uganda Support to Municipal Infrastructure Development (USMID) program at a cost of Shs54 billion.Speaking at the ceremony, the President described the newly built roads as a vital
Business •
14 May '25
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Business •
14 May '25
Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo
Business •
14 May '25
Speaker of Parliament Anita Among has raised alarm over the worsening condition of national roads, warning that the situation poses serious risks to Ugandan road users, especially during the current rainy season.Among pointed to stalled projects, poor contractor performance, and a lack of
Business •
10 May '25
The World Health Organization (WHO) has released its 2024–2025 Mid-Term Results Report, revealing unprecedented progress in global health, despite mounting economic and health challenges.The report highlights concrete gains in universal health coverage, health security, and healthier liv
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10 May '25
Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad
Business •
10 May '25
First Insurance Company Limited (FICO) has rebranded to Mirai General Insurance.This was during an event held at Four Points by Sheraton Hotel in Kampala, FICO’s acquisition by Pride Global, a dynamic Singapore-based multinational insurance and financial services group.T
Business •
10 May '25
China Railway 5 Engineering Group has signed a Shs 35 billion contract with the Mukono District Local Government to construct a 7.8-kilometre road connecting Ntenjeru to Bule landing site in Mukono District.The road, which links the sub-counties of Ntenjeru and Mpata, has been in poor cond
Business •
06 May '25
Stanbic Bank Uganda has through its Stanbic for Her initiative, has partnered with UN Women to launch a transformative programme in the West Nile region, targeting both refugee and host communities.The initiative is designed to empower women through digital inclusion, financial literacy, a
Business •
05 May '25
The Government of Uganda is set to begin compensation for residents affected by the construction of the 68km Kihura–Bwizi–Rwamwanja–Kahunge road and the 38km Mpara–Bwizi road projects in Kamwenge District starting July 2025.The announcement was made by the State Minister for Works,