Business •
11 Oct '24
It has been one year since Arnold Mutebi purchased a 2001 model CR-V RE2 4WD Honda. When he bought the car, he was looking for a fuel-efficient vehicle that had a fairly high ground clearance and was affordable to maintain. Despite having the means to afford a newer car, Mutebi's passion for
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
27 Sep '24
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
Business •
13 Sep '24
Denver International Airport (DIA) is gearing up to handle a projected 100 million passengers annually, scheduled to arrive as early as 2027, five years ahead of previous estimates. Breaking Records: Over the Labor Day period, DIA screened a staggering 428,182 p
Business •
12 Sep '24
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