Business •
23 Oct '24
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec
Business •
22 Oct '24
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo
Business •
22 Oct '24
You seemed so focused in training businesswomen and entrepreneurs. Why is that so important to you?Uganda has been ranked by the Global Entrepreneurship Monitor as one of the most entrepreneurial countries in the world with 30 percent of Ugandans starting businesses annually. But not many of
Business •
22 Oct '24
The Ministry of Agriculture, Animal Industry, and Fisheries (Maaif) has signed a memorandum of understanding (MoU) with China Communications Construction Company (CCCC) to enhance Uganda’s agricultural capacity. The move aims at the development of post-harvest handling infrastructure,
Business •
22 Oct '24
Hotel owners across the country have protested a move by the Uganda Tourism Board to shut down accommodation facilities that are not licensed by the board to operate. The board, that by the law, regulates the hospitality sector issued a warning that those facilities operating without a l
Business •
21 Oct '24
Namayingo and Buyala village, Budondo in Jinja District are set to benefit from new equipment for manufacturing reusable sanitary pads, thanks to an initiative by the Uganda Civil Aviation Authority (UCAA).
This follows an intervention sparked by an NTV report earlier this year highlighting t
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
Mobile phone subscribers in Uganda are now spending an average of Shs13,365 per month on mobile phone services, according to a report by Uganda Communications Commission (UCC). The report, which reviews the quarterly performance of the telecommunication sector, indicates that the average
Business •
21 Oct '24
President Museveni has once again told teachers of humanities that their salaries won't be enhanced soon as they continue investing funds in the countryâs priority areas like infrastructure. Addressing hundreds of teachers during a belated 2024 World Teachersâ Day celebrations
Business •
21 Oct '24
President Museveni commended King Omusinga Charles Wesley Mumbere of the Rwenzururu Kingdom for his efforts in promoting peace since his return from nearly seven years of incarceration following his arrest in November 2016. His arrest occurred after a UPDF raid on his royal palace in Kas