Business •
03 Jul '25
The Aponye Group, once one of Uganda’s most formidable agro-processing and manufacturing empires, has collapsed just two years after the death of its founder, Apollo Nyegamehe. The group’s properties are now being auctioned off to recover debts, signaling th
Business •
20 Jun '25
Winnie Byanyima, Executive Director of UNAIDS and wife to prominent opposition leader Dr. Kizza Besigye, has surprised many by publicly thanking Pre
Business •
16 Jun '25
Uganda’s Minister of State for Privatisation and Investment, Evelyn Anite, has announced that Ugandans at the Mbale Industrial Park are now assembling one of the world’s largest televisions — the TCL 115-inch model.Evelyn Anite made the revelation during a
Business •
13 Jun '25
The Permanent Secretary of the Ministry of Finance Ramathan Ggoobi, who is also the Secretary to Treasury has said Uganda is on a mission to change its destiny, noting that in 15 years from now, naysayers will be proved wrong.“ We are people on a mission. Some people think we are still i
Business •
13 Jun '25
The Minister of Science, Technology and Innovation, Dr. Monica Musenero, has urged Ugandans to embrace innovation and value addition in the leather and textile sectors to unlock economic potential and reduce dependence on raw material exports.Speaking during a value chain development works
Business •
09 Jun '25
President Museveni has tasked religious leaders to join the government's efforts of spreading the wealth creation message to Ugandans.According to the president, religious leaders spend a lot of time in places of worship preaching the religious gospel to believers who are languishing
Business •
02 Jun '25
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender
Business •
31 May '25
President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re
Business •
29 May '25
The Ministry of Finance and aeocnokic Planning has launched the National Public Investment Management (NPIM) Policy, a strategic framework designed to ensure better planning, accountability, and efficiency in the use of government resources.The launch comes at a critical juncture as the co
Business •
14 May '25
President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re