Business •
02 Jun '25
Uganda’s construction sector recorded a mild rise in inflation, with the annual rate edging up to 0.6% in the 12 months ending April 2025, up from 0.5% in March, according to the latest Construction Input Price Index (CIPI) released by the Uganda Bureau of Statistics (UBOS).The increase,
Business •
02 Jun '25
The Government of Uganda, with support from international partners, has unveiled $50.4 million(Shs 191.5 billion) initiative aimed at improving rural livelihoods and accelerating economic transformation across 17 districts under the Local Economic Growth Support (LEGS) Project.Implemented
Business •
02 Jun '25
Ugandan electricity distributor Umeme Limited has announced its intention to pursue international arbitration to recover a disputed sum of Shs.1.062tn from the Government of Uganda. The move follows unsuccessful negotiations regarding the final buyout amount after the conclusion of Umeme's conces
Business •
02 Jun '25
The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE
Business •
02 Jun '25
Global tech giant, Anker Innovations and Emachines Uganda have officially announced a strategic partnership aimed at enhancing the availability of quality consumer electronics in Uganda.The partnership was unveiled on Thursday at the Four Points by Sheraton Hotel in Kampala, marking a new
Business •
02 Jun '25
Uganda continues to face an escalating refugee crisis, with nearly 190,000 individuals, including almost 36,000 newborns, registered in 2024 alone.The figures, released by the Office of the Prime Minister (OPM) with support from UNHCR, paint a stark picture of the human toll of unrelenting
Business •
02 Jun '25
As the curtains closed on the World Travel, Trade and Taste 2025 Expo, it wasn’t a commercial jingle or political speech that left the final imprint, but it was aroma from Ugandan coffee.It was the unmistakable, earthy, citrusy warmth of Ugandan coffee, freshly brewed and proudly poured
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 •
31 May '25
The government has launched the National Climate Change Mechanisms Regulation, a key milestone in the country's efforts to operationalise Article 6 of the Paris Agreement and tap into the growing global carbon market.Unveiled by the Ministry of Water and Environment at its headquarters in
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