Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged
Mr Tanna said the Ministry of Trade is finalising several policy reforms to strengthen the MSME ecosystem, including the revision of the MSMEs Policy (2015), the Startup Development Policy, which is expected to be submitted to Cabinet soon, and the Business Deve
Uganda has set a target of increasing annual coffee production to 20 million 60-kilogram bags, while simultaneously promoting value addition, specialty coffee production and brand positioning in premium global markets.Brussels, Belgium: Ug
public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. Whether it is railways, roads or hydro-dams, Mr Museveni specifies an expected drop in haulage costs, the internal rate of retu
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t
Brazilian midfielder confirms move is 'almost done' as United invests £34 million to rebuild its engine roomEderson, the Brazilian midfielder who has spent the last several seasons anchoring Atalanta’s midfield in Serie A, confirmed that his transfer to Manchester United is nearly compl
Former Vice President Edward Ssekandi cuts the ribbon to mark the official opening of Costa Rica Breeze Leisure Hub in Makerere Kavule as guests look on.KAMPALA — On a lively Saturday evening, Makerere Kavule welcomed a dynamic new addition to Kampala’s fast-growing leisure scene as Co
Members of Parliament from the Rwenzori sub-region have moved to reassure the public, investors and tourists that Kasese District and the wider Rwenzori Region remain free of Ebola and are safe for travel, business and major upcoming events, including the Rwenzori Marathon scheduled for August.
video filmed by Stella Nantumbwe before leaving her husband’s home has raised fresh questions about claims that she took household property after her marriage collapsed.A video recorded by former Miss Uganda Stella Nantumbwe, also known as Ellah, before she left her husband’s home has
Maj Gen (rtd) Kahinda Otafiire, the former minister of Internal Affairs, didn’t mince his words about the leadership of the Uganda Police Force as he handed over office to the new minister last week.As Prof Ephraim Kamuntu officially took the reins from Gen Otafiire as minister of Intern
