Business •
04 Apr '25
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
Business •
04 Apr '25
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
Business •
04 Apr '25
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
Business •
03 Apr '25
Absence of streetlights on the Arumparthapuram bypass has made commuting difficult for vehicle users, especially at night.The bypass, laid to ease traffic congestion on the Puducherry-Villianur Road, was thrown op
Business •
31 Mar '25
Kampala's Lord Mayor, Erias Lukwago, has criticized President Yoweri Museveni's government for neglecting the city's development. This comes aft
Business •
30 Mar '25
Rebecca Kadaga escaped death when hired killers abandoned their mission after receiving UGX 15 million advance payment. The would-be assassins later revealed they couldn't harm her due to deep respect for her leadership.
Business •
30 Mar '25
Uganda has taken a major step in its oil sector after signing an agreement with Alpha MBM Investments LLC, a company based in the United Arab Emirates (UAE), for the construction of a crude oil refinery in Hoima District.
Business •
30 Mar '25
The Executive Director of the Kampala Capital City Authority (KCCA), Sharifah Buzeki, together with her deputy, Benon Kigenyi, spent the yesterday afternoon surveying key flooding hotspots in the Kyambogo and Kinawataka areas.
Business •
30 Mar '25
After months of attempting to remove responsibility, funding and staff from the U.S. Agency for International Development, the Trump administration moved to effectively close it down on FridayThe Trump administrat
Business •
30 Mar '25
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.