Business •
30 Sep '24
It is great to see you recuperate from the injuries you sustained in the melee that occurred in Bulindo a fortnight ago. How do you feel now? Health-wise, I am feeling better and all the small wounds on the skin are covering up. However, there is still excruciating pain in the inner part
Business •
28 Sep '24
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B
Business •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
Business •
24 Sep '24
The Deputy Speaker of Parliament, Mr Thomas Tayebwa, has commended the government of China for contributing to the development of Uganda. Mr Tayebwa said the two countries have continued to enjoy and consolidate the good relations in diverse fields, including political, technical, invest
Business •
19 Sep '24
Themed “Joining Hands to advance Modernization and build a High-Level China-Africa Community with a Shared Future,” the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) was a big success and highlighted the common pursuit of China and African countries in realizing modernizat
Business •
19 Sep '24
Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi
Business •
15 Sep '24
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
Business •
10 Sep '24
As of April 2024, the East African Community accounted for 31.7 percent of Uganda’s total export market whereas her total trade with the rest of the world increased by 36.3 percent to US$18.1billion in 2023 from US$13.3billion in 2022, while total imports from
Business •
29 Jul '24
Bags of Ugandan coffee stored at a bulking centre as they await shipping to overseas markets. Over 60% of the country’s coffee ends up in the EU market signifying its importance to Uganda. COURTESY150 days left to comply with new to
Business •
14 Jul '24
India and South Korea are advancing discussions to upgrade the 2010 Comprehensive Economic Partnership Agreement (CEPA). The 11th round of negotiations will take place in Seoul from July 17-19. Both nations are seeking greater market access for essential produc