Business •
14 Apr '25
The Ministry of Public Service has unveiled a plan for a massive salary enhancement strategy targeting all public servants across Uganda—a move projected to cost taxpayers over UGX688.9 billion.This proposal is detailed in the 2025/2026 Ministerial Poli
Business •
08 Apr '25
Gen Digital (NASDAQ:GEN), the leading provider of cybersecurity solutions, has been a publicly traded company since June 1989. Known for its brands like Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner, the company is a key provider of antivirus and identity protection to million
Business •
06 Apr '25
China Town, a supermarket in Kampala has opened a new store at Akamwesi Mall along the Kampala- Gayaza Road.Speaking during the opening ceremony on Thursday, Kawempe Division Resident City Commissioner, Hajji Noor Njuki Mbabali hailed the Chinese store for creating employment for Ugandans
Business •
06 Apr '25
Global tech and media moguls have graced the red carpet with their wives for a glitzy prize ceremony.Mark Zuckerberg, Bill Gates and Rupert Murdoch were all spotted at the 11th Breakthrough Prize awards in Barker Hanger in Santa Monica.The billionaires led the charge on the red carpet, dazzl
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
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 •
30 Mar '25
Bombo Military Barracks, situated in Bombo town, Luweero District, is the largest military base in Uganda and serves as the primary operational hub for the Uganda People’s Defence Forces (UPDF). This barracks plays a crucial role in ensuring national security
Business •
30 Mar '25
President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h
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
As Ugandan Muslims celebrate Eid al-Fitr today, the 30th of March, 2025, marking the end of Ramadan, numerous local celebrities have extended their heartfelt wishes and showcased their festive attire, joining in the country in jubilation.