According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth
The Ministry of Finance, Planning, and Economic Development has said external financing for the National Budget is constantly on the decline.According to the ministry, this requires the government to strengthen do
Uganda’s Ministry of Trade, Industry and Cooperatives (MTIC) in partnership with the Japan International Cooperation Agency (JICA) have launched the JICA Next Innovation with Japan (NINJA) Accelerator Programme
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Civil society organisations under the Uganda Tobacco Taxation Coalition have proposed that government should increase tax on tobacco and related products to 80 percent.The proposal, if implemented, will mean that
The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara
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In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketing agency that would be part of a multi-
Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.
This month, the national carrier, Uganda Airlines will make five years of spreading its wings across the East African region, India, West Africa, and the United Arab Emirates.The fifth birthd
The monthly salaries of the Inspector General of Police (IGP) Abbas Byakagaba, and Commissioner General of Prisons (CGP) Johnson Byabashaija and those of their deputies have been more than doubled in the new salary structure of Financial year 2024/25 that takes
Gold medallist Uganda's Joshua Cheptegei celebrates on the podium during the medal ceremony for the men's 5000m event during the Tokyo 2020 Olympic Games at the Olympic Stadium in Tokyo on August 6, 2021. (Photo by Ina FASSBENDER / AFP)The countdown to th
