Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.
President Yoweri Museveni has disclosed that government ceased funding the Karamoja Development Agency (KDA) due to severe financial mismanagement.Speaking at the Karamoja Cultural Event in Karenga District, the president responded to local leaders' calls for the reinstatement
Americans should not believe Vice President Kamala Harris when she says that inflation will be a “day one” priority for her because her “day one” was three-and-a-half years ago when she and President Joe Biden took over the White House, former President
Africa’s real estate sector is anticipated to be worth US$16.60 trillion by 2024. Within this market, residential real estate dominates, with a projected market volume of US$13.97 trillion by 2024.In recent years, the global housing market has undergone
Uganda and Kenya have reignited a 30-year-old plan to build a petroleum pipeline from Eldoret to Kampala, aiming to secure stable fuel supplies and reduce price volatility.Uganda's Minister of Energy and Mineral Development, Ms Ruth Nankabirwa, and other
Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on.State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and
President Museveni has asked the judiciary to include corruption on the list of unbailable cases“We should easily defeat the corruption. The only support we need from the judiciary is no bail for those accused of murder, treason, terrorism, rape, defile
The Uganda Revenue Authority (URA) has set to register all shops in the Kikuubo business center to identify those eligible to pay Value Added Tax (VAT). The move is aimed at addressing traders’ concerns that the Electronic Fiscal R
MTN Uganda has indicated it has sought approval from its board to separate the Fintech business, which includes mobile money, from its stock portfolio. The separation, which is being spearheaded at Group level, MTN says is part of its Ambition 2025 t
Bill Gates is a pioneering individual, and this is reflected in his businesses, lifestyle, choices, and passions. He has accomplished what mere mortals seldom can on more than one occasion. From co-founding Microsoft, a company with a market cap of $3.12 trillio
