Business •
14 May '25
President Museveni has commissioned a 7-kilometre road network in Kasese Municipality, constructed under the Uganda Support to Municipal Infrastructure Development (USMID) program at a cost of Shs54 billion.Speaking at the ceremony, the President described the newly built roads as a vital
Business •
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
Business •
14 May '25
MTN Uganda has paid Shs 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund (USAF) as its statutory levy.The amount represents 2% of MTN Uganda’s gross annual revenue for the financial year ending 31 December 2024, in compliance
Business •
14 May '25
Uganda is launching a transformative initiative to protect and promote its first-ever Geographical Indication (GI), the Rwenzori Mountains of the Moon Coffee.This strategic move not only sets a new era for Uganda's coffee industry but also significantly enhances the livelihoods of local fa
Business •
14 May '25
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Business •
14 May '25
Uganda is preparing to step onto the continental school sports stage, with plans to participate in the forthcoming Africa Olympics School Games.The announcement came from Canon Duncan Mugumya, Clcommissioner for Physical Education and Sports at the Ministry of Education and Sports, during
Business •
14 May '25
Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last
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
Business •
14 May '25
President Donald Trump has said the US has "no stronger partner" than Saudi Arabia during his first major foreign trip - a whirlwind visit of Gulf countries mainly focused on shoring up investment.Speaking in Riyadh, the US president also pledged to lift all sanctions agai
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