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05 Jun '25
In 2022, disastrous floods hit Sino Uganda Industrial Park in Mbale leaving a trail of destruction.The floods that hit Mbale City on July 30 and 31, 2022 killed over 20 people all together and destroyed several infrastructures including at the industrial park.Fast forward,
Business •
02 Jun '25
Adjumani District is witnessing a transformative wave as vocational training programs equip 335 nationals and refugee youth with practical skills, fostering self-reliance and economic empowerment.The beneficiaries have completed a three-month training in various vocational disciplines incl
Business •
01 Jun '25
Works and Transport Minister Gen Edward Katumba Wamala has pledged urgent government action to restore Uganda’s collapsing highways, beginning with the Kampala–Jinja route, a key regional trade corridor now in a state of disrepair.“No highway should be allowed to deteriorate,” the
Business •
31 May '25
Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small
Business •
28 May '25
The Government of Uganda and the Republic of Korea have taken a major step toward the realization of Uganda’s nuclear energy ambitions by signing a site evaluation service contract for the proposed 8,400 MW Buyende nuclear power plant.The agreement, signed between Korea Hydro & Nucle
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28 May '25
Uganda Development Bank's Managing Director, Dr. Patricia Ojangole, has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI), the umbrella organisation for development finance institutions in Africa.Dr. Ojangole’s appointment was announced dur
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28 May '25
Residents of Amero village in Asamuk sub-county Kapelebyong have welcomed a life-changing skills development initiative brought to them by the Countryside Innovation Network a science and technology-driven program aimed at transforming rural livelihoods through knowledge and practical skills.
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14 May '25
President Museveni has officially commissioned the Rwenzori Presidential Initiative Industrial Hub located in Mubuku, Kasese District.The state-of-the-art facility is part of a nationwide strategy to equip Ugandan youth with practical vocational skills, complementing the country’s f
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14 May '25
The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating
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