Uganda is positioning itself for stronger participation in regional trade by enacting a new Competition Act, which government officials say will enhance the country’s ability to challenge anti-competitive barriers across borders and boost economic self-reliance.Signed into law by Preside
The Ministry of Finance and aeocnokic Planning has launched the National Public Investment Management (NPIM) Policy, a strategic framework designed to ensure better planning, accountability, and efficiency in the use of government resources.The launch comes at a critical juncture as the co
Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad
First Insurance Company Limited (FICO) has rebranded to Mirai General Insurance.This was during an event held at Four Points by Sheraton Hotel in Kampala, FICO’s acquisition by Pride Global, a dynamic Singapore-based multinational insurance and financial services group.T
Martin Jerome Okec Aliker, a prominent Ugandan businessman and dental surgeon, is celebrated as the first Ugandan to own a bus. His pioneering efforts in the
Adjumani Town Council Savings and Credit Cooperative Organization (Sacco) has recorded impressive growth, celebrating a major milestone during its 16th Annual General Meeting (AGM) held on Saturday.Established in 2007 with just 139 members and a loan portfolio of Shs 7.7 million, the SCco
Colin Asiimwe is back at MultiChoice Uganda as the Head of Marketing, overseeing the DStv, GOtv, Showmax, and Pearl Magic brands.Asiimwe previously worked with MultiChoice before leaving the business.He began his career in the advertising industry before transitioning to a focus on
Members of Parliament from the Defence and Internal Affairs Committee have expressed appreciation for the construction progress of UPDF National Referral Hospital, which stands at 93% completion.This was as the committee delegation led by Wilson Kajwengye, MP for Nyabushozi County, embarke
The National Forestry Authority (NFA) has cancelled 112 land titles that were illegally issued within Central Forest Reserves (CFRs) across Uganda.This move is part of ongoing efforts to protect the country’s forest cover from encroachment and fraudulent land acquisitions.Accordin
Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
