Business •
21 Oct '24
For several years, former Luwero LC5 Chairman Ronald Ndawula, who is also the incumbent district Chairman for the ruling NRM party, has been embroiled in a fierce court battle with Pakistani car dealer Qayyum Mazhar Quresh, whose Hiraa Traders Uganda Ltd purport
Business •
17 Oct '24
The number of people who died in traffic incidents in Uganda rose by more than 10 percent in the past decade, despite global road traffic deaths falling by five percent per the World Health Organisation (WHO). Uganda Police Force statistics attributed nearly 45 percent of deaths caused b
Business •
14 Oct '24
Deputy Speaker of Parliament Thomas Tayebwa has said government has already contracted China Railway Number 3 Group to design and build key infrastructure in the Sino-Uganda Mbale Industrial Park. The 619-acre park, which was commissioned in 2018, currently grosses an investment portfoli
Business •
11 Oct '24
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an
Business •
11 Oct '24
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
Business •
09 Oct '24
The Muhaire Education Trust Fund (METF) has called upon well-wishers and philanthropists to join it in funding the education of needy students across the country. Speaking to Daily Monitor yesterday, Dr William Tsimwa Muhairwe, the founder of METF, said this year the organisation was onl
Business •
06 Oct '24
At about 5.45am, Lawrence Waka drives his delivery van—a Probox—from Kamdini Town centre to Atura Landing Site. It is at this former ferry docking site, located 12km away from Kamdini, where Waka picks newspaper copies and courier packages for circulation. Since being assigned th
Business •
04 Oct '24
Farmers in Sebei Sub-region are switching to barley growing in search of better profits. Some of the farmers have since abandoned Irish potatoes for barley growing, which is a raw material in beer making. They farmers say the cereal is profitable and that it matures within a short time.
Business •
01 Oct '24
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option
Business •
01 Oct '24
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€