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M7 Favorite Pharma Investor Magoola, In Whom Govt Sunk Ugx700bn, Runs Broke; Workers Go Months Without Pay

M7 Favorite Pharma Investor Magoola, In Whom Govt Sunk Ugx700bn, Runs Broke; Workers Go Months Without Pay

All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.

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DTB opens new Tororo branch to strengthen banking access in eastern Uganda

DTB opens new Tororo branch to strengthen banking access in eastern Uganda

TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centered banking services across Eastern Uganda.The new branch forms part of DTB’s broade

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Masaka Industrial Park Project Hit by Flooding  concerns

Masaka Industrial Park Project Hit by Flooding concerns

Plans to establish an industrial park in Greater Masaka have suffered a major setback after it emerged that the proposed site is prone to frequent flooding, raising concerns over its viability.The project site, located in Mazzigo in Bukakata Sub-county, Masaka District, spans approximately

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Tax on Used Clothes to Increase to 30%

Tax on Used Clothes to Increase to 30%

Government’s plan to double taxes on used clothes signals renewed industrial ambition but risks squeezing low-income consumers and destabilising a fragile garments sector. With local production still insufficient, the policy revives old debates: can protection drive growth without first fixing

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Henry Musasizi Commends Progress at Ntungamo Coffee Park

Henry Musasizi Commends Progress at Ntungamo Coffee Park

The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, has appreciated the progress of the Inspire Africa Coffee Park in Ntungamo during a visit he made alongside Amos Kankunda, the Chairman of the Finance, Planning and Economic Development Committee of Parliament,

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Uganda Secures UGX 422B for 10 New Aircrafts to Expand Uganda Airlines Fleet

Uganda Secures UGX 422B for 10 New Aircrafts to Expand Uganda Airlines Fleet

The Ugandan government has secured UGX 422 billion to acquire 10 new aircraft for the national carrier, Uganda Airlines, as part of efforts to strengthen its operational capacity and expand its international route network.The funding, approved under a supplementary budget, will primarily b

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Minister Jim Muhwezi’s Wife Lands New Juicy Job

Minister Jim Muhwezi’s Wife Lands New Juicy Job

Security minister Maj Gen (Rtd) Jim Muhwezi’s wife Susan Muhwezi Kabonero has landed a new juicy job. Susan Muhwezi has been appointed a Board Member of the Private Sector Foundation (PSFU) representing the tourism and hospitality sector.Uganda’s apex body for the private sector, the P

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Kyambogo University Opens Applications For 2026/2027 Academic Year

Kyambogo University Opens Applications For 2026/2027 Academic Year

Kyambogo University has officially opened online applications for the 2026/2027 Academic Year under the A-Level and Direct Entry Scheme for private sponsorship. If you are a recent A-Level leaver, diploma holder, or degree graduate looking to join one of Uganda’s largest public universities, he

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Uganda’s First Oil: A Defining Countdown to Economic Transformation and Energy Sovereignty

Uganda’s First Oil: A Defining Countdown to Economic Transformation and Energy Sovereignty

KAMPALA – As every second, minute, hour, day, and month winds down, Uganda edges closer to its promise—the dawn of oil production.From drilling and completing wells to laying thousands of kilometres of pipeline, Uganda’s progress is unmistakable. Supporting infrastructure, central pr

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Health Ministry warns public on counterfeit drugs and self-medication ahead of Pharma expo

Health Ministry warns public on counterfeit drugs and self-medication ahead of Pharma expo

Ms. Sarah Taratwebirwe, a senior pharmacist, Ministry of Health.The Ministry of Health Uganda has warned the public about the increasing presence of counterfeit and substandard medicines on the Ugandan market, which are a threat to public health.Speaking on behalf of the Ministry, M

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