Business •
08 Nov '24
Government and Citibank Uganda have signed a multibillion ten-year financing agreement for construction of the 97km Lusalira-Nkonge-Lumegere-Ssembabule Road, which is scheduled to start before the end of 2025. The financing agreement signed on Friday is for the project expected to cost S
Business •
08 Nov '24
President Museveni Friday joined several African leaders who have congratulated Donald Trump on winning US' November 5 presidential election in which he defeated Vice President and Democratic nominee Kamala Harris. Twice-impeached President Trump emphatically recaptured White House wit
Business •
05 Nov '24
The government of China has joined forces with the Busoga Consortium for Development (BCD) to tackle household poverty in the region. This collaboration comes after a 2019/2020 report by the Uganda Bureau of Statistics (Ubos) revealed that Busoga was among the top five sub-regions hind
Business •
05 Nov '24
Sudan has cancelled a port deal with the United Arab Emirates in an apparent protest at Abu Dhabi for its supposed support for the Rapid Support Forces, the paramilitary engaged in a deadly conflict with government forces. Finance Minister, Jibril Ibrahim said his country had cancelled a
Business •
05 Nov '24
Back in the 1990s, Uganda adopted several reforms. One of them was creation of semi-autonomous agencies. The architects of these (largely donor-driven) reforms promised enhanced efficiency and State capacity to deliver services by sidestepping bureaucracy in the mainstream ministries. Th
Business •
05 Nov '24
Grasshoppers, locally known as nsenene, are here again. The nsenene usually appear around late October through November and part of early December. However, last year they delayed, which created anxiety among trappers and traders who always make a killing from selling the delicious insec
Business •
31 Oct '24
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Business •
31 Oct '24
The appointment of military serving officers into civilian roles has been challenged before the Constitutional Court in Kampala. The petitioners led by the Makerere University law don, Prof Christopher Mbazira, in their petition filed on October 24, contend that the practice contravenes
Business •
24 Oct '24
Several businesspeople in Kigogwa Town are counting losses after a fuel tanker exploded at a trading centre on Tuesday. The northbound tanker overturned before bursting into flames that engulfed the area, destroying several shops that included hardware, stationery, salons, and eateries,
Business •
22 Oct '24
Among many other skills and initiatives, networking and collaboration have emerged as essential strategies for Small and Medium-sized Enterprises (SMEs) to foster growth and enhance their visibility while actively engaging with their clients. Networking can be defined as the process of estab