Business •
16 Oct '24
The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
09 Oct '24
The First Deputy Prime Minister and minister for East African Community (EAC) Affairs, Ms Rebecca Kadaga, has tasked the Ministry of Health to empower regional referral hospitals to offer specialised medical services rather than having patients referred to Mulago National Hospital in Kamp
Business •
09 Oct '24
Ugandans studying in India have highlighted the need for economic independence and noted that one way of achieving this is by embracing local produce. This was on October 9 during Uganda's Independence Day celebrations at Marwadi University in India. Dr Derrick Ssebaduka, the preside
Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Business •
08 Oct '24
As you journey through the tranquil expanse of Kibale National Park, past picturesque Tooro tea plantations and rows of methodical trees near Fort Portal, an equally captivating sight welcomes you to the Tourism City. The 110-year-old Tooro Golf Club (TGC) lies on your right as you enter
Business •
07 Oct '24
Senior presidential advisor on trade, Phillip Kakuru, has called upon investors from Czech Republic to consider investing in Uganda’s unexploited potential. Kakuru, who led a delegation of Ugandan business community and diplomats for the first Uganda-Czech business forum in Prague on O
Business •
07 Oct '24
Supporters of current Tunisian President Kais Saied began celebrations in the capital on Sunday night after an exit poll broadcast on state television showed him winning, beating two rivals, one of whom is now in prison Saied on Sunday faced two election rivals: his former ally turned cr
Business •
06 Oct '24
Tunisia's election on Sunday pits President Kais Saied, who rights groups say has removed most democratic checks on his power, against a candidate who was suddenly jailed last month and another who heads a minor political party. Candidates who represented bigger opposition groups were al