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.
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.
Business •
28 Mar '25
Kinshasa — The Democratic Republic of Congo (DRC) has officially announced a significant increase in the salaries of its armed forces and national police, in a move widely seen as a response to mounting pressure over corruption in the security sector and wides
Business •
28 Mar '25
The Uganda People's Defense Force (UPDF) has formally requested an additional Shs 39.1 billion to support its recently launched peacekeeping operation in South Sudan.The request, presented to the Parliamentary Com