Business •
09 Jun '25
Residents gathered at Buzooba Church of Uganda in Rukiga District to celebrate senior economist Patrick Kiconco Katabazi during a thanksgiving event.Community members praised him for his significant contributions to churches, schools, and hospitals.Many attendees commended Katabazi
Business •
17 May '25
The price of brown sugar has soared across Uganda, with consumers and traders alike feeling the pinch of global supply disruptions and erratic weather that has battered production in leading sugar-exporting nations.A kilogram of brown sugar now sells for between Shs5,500 a
Business •
06 May '25
Private sector operating conditions during April remained encouraging as the headline Stanbic Purchasing Managers’ Index (Stanbic PMI) rose to 55.3, up from the 52.9 recorded for March.Readings above 50.0 signal an improvement in business conditions on the previous month, while readings
Business •
30 Apr '25
Budadiri West MP and Forum for Democratic Change (FDC) Secretary General, Nathan Nandala Mafabi, has officially thrown his hat into the ring for the 2
Business •
25 Apr '25
The Parish Development Model (PDM) is a promising initiative, but it risks becoming just another cash distribution scheme unless the government rethinks its broader development strategy, renowned economist Dr Fred Muhumuza has cautioned.Appearing on NBS Morning Breeze, Muhumuza argued that
Business •
04 Apr '25
Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Image: REUTERS/Kent Nishimura Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, US President Donald Trump's formula for calculating the levi
Business •
30 Mar '25
President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h
Business •
03 Mar '25
Monthly headline inflation for February 2025 surged by 0.6%, more than doubling the 0.3% recorded in January 2025.The cost of living in Uganda has experienced a notable rise, with tomatoes and fresh leaf vegetables emerging as the primary contributors to monthly
Business •
10 Feb '25
Dr. Michael Atingi-Ego (L), the newly appointed Governor of the Bank of Uganda, and Prof. Agustus Nuwagaba (R), the new Deputy Governor, take the reins at the central bankKampala, Uganda – President Yoweri Museveni has appointed Dr. Michael At
Business •
07 Jan '25
David Kalemera, the embattled head of Uganda’s State House Revenue Intelligence Unit, has been relieved of his position and reassigned to the Ministry of Foreign Affairs.This decision comes less than a year afte