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 •
21 Oct '24
Local leaders in Kyotera District have tasked the government to explain the delayed commencement of the Mutukula Regional Market which has failed to take off four years after a foundation stone was laid. The Shs2 trillion project had started in 2020 but stalled a few months due to the Co
Business •
14 Oct '24
Ugandan football fans got a taste of hope this week when Nakivubo’s management gleefully announced that FIFA had officially certified the stadium’s turf system. The celebratory statement from the stadium’s management committee chairman, Rogers Mulindwa, carried all the enthusiasm of a goat thi
Business •
14 Oct '24
Finance Minister Matai Kasaija has said Uganda has installed a total of 4,354 kilometre of fiber cables across the country, connecting 1,523 key government service delivery units to the National Backbone Infrastructure. Speaking during the 15th National Competitiveness Forum in Kampala,
Business •
13 Oct '24
When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”. More than a decade since its inception in 2013, Atiak Sugar Factory con
Business •
11 Oct '24
Cnooc Uganda Ltd has revealed that the development of the Kingfisher Field Development Area (KFDA) is in the advanced stage, ahead of the first commercial oil production in the last quarter of 2025. The KDFA, expected to have a maximum production of 40,000 barrels of oil per day for five
Business •
11 Oct '24
Drama unfolded in Lango Sub-region on Friday after a high court put a break on all activities regarding the election of another paramount chief (Won Nyaci) of Lango. Friday’s development comes following last week’s ruling in which the Lira High Court deemed the Lango Cultural Foundat
Business •
11 Oct '24
Drama unfolded in Lango Sub-region on Friday after a high court put a break on all activities regarding the election of another paramount chief (Won Nyaci) of Lango. Friday’s development comes following last week’s ruling in which the Lira High Court deemed the Lango Cultural Foundat
Business •
09 Oct '24
Busia District is abuzz with excitement as it prepares to host Uganda’s 62nd Independence Day celebrations on Wednesday, October 9, 2024. This is the first time the district will host a national event of this magnitude, marking a historic moment for the local community and Uganda at large. The eve