Business •
21 Oct '24
A report by the Ministry of Finance has indicated that works on critical infrastructure that seeks to connect all estates in the Kampala Business and Industrial Park, also known as the Namanve Industrial Park, remain far behind schedule less than a year to the planned completion date. Go
Business •
21 Oct '24
Controversy has continued to brew over the government’s Rationalisation of Agencies and Public Expenditure (Rapex) with the Uganda National Road Agency (Unra) and Uganda Road Fund (URF), the latest entities to show a stomach for fighting to the bitter end.
Business •
17 Oct '24
The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has dismissed a Bill that seeks to provide for the election of the LoP. The proposals are contained in the Administration of Parliament (Amendment) Bill, 2024 that was moved by Mityana South County Member of Parliament (MP)
Business •
14 Oct '24
Deputy Speaker of Parliament Thomas Tayebwa has said government has already contracted China Railway Number 3 Group to design and build key infrastructure in the Sino-Uganda Mbale Industrial Park. The 619-acre park, which was commissioned in 2018, currently grosses an investment portfoli
Business •
13 Oct '24
Wooden houses can position Uganda for a sustainable future by addressing the housing crisis through cost-effective, eco-friendly construction, reducing carbon emissions, and promoting responsible timber sourcing. Modern wooden construction is revolutionising the housing market as a sus
Business •
12 Oct '24
Government has rolled out engineering mentorship opportunities for young graduates to become manufacturing engineers to boost the seven value chains at the Engineering Development and Innovation Centre. The Science, Innovation and Technology Minister, Dr Monica Musenero says the mentorsh
Business •
12 Oct '24
Over 130,000 residents who have been living in fear of eviction for more than 30 years after allegedly illegally occupying land belonging to Kyaka I refugee settlement in Kyaka South County, Kyegegwa District, feel relieved after President Museveni on Saturday rescinded his earlier decision
Business •
11 Oct '24
Cnooc Uganda Ltd has revealed that the development of the Kingfisher Field Development Area (KFDA) is in the advanced stage, ahead of the first commercial oil production in the last quarter of 2025. The KDFA, expected to have a maximum production of 40,000 barrels of oil per day for five
Business •
09 Oct '24
The Anti-Corruption Unit of State House Uganda, in collaboration with the Criminal Investigations Department (CID) and the Office of the Director of Public Prosecutions (ODPP), has brought charges against two town agents and two leaders of the Parish Development Model (PDM) Savings and Credit Cooper
Business •
08 Oct '24
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the