Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged
Mr Tanna said the Ministry of Trade is finalising several policy reforms to strengthen the MSME ecosystem, including the revision of the MSMEs Policy (2015), the Startup Development Policy, which is expected to be submitted to Cabinet soon, and the Business Deve
Uganda has set a target of increasing annual coffee production to 20 million 60-kilogram bags, while simultaneously promoting value addition, specialty coffee production and brand positioning in premium global markets.Brussels, Belgium: Ug
Samsung Galaxy A27 (Image: SAMSUNG)If your budget won't stretch to a Galaxy S26, don't pa
public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. Whether it is railways, roads or hydro-dams, Mr Museveni specifies an expected drop in haulage costs, the internal rate of retu
Vivo Energy's acquisition of a 50% stake in KFC Uganda triggered a tax dispute with URAThe Tax Appeals Tribunal (TAT) has cancelled a Shs 4.24 billion tax assessment imposed on Kuku Foods Uganda, the company behind the KFC franchise in Uganda, following changes in the fast-food firm’s ow
Motorists in Uganda are set to face a revamped Express Penalty System (EPS) and revised speed regulations, following new reforms endorsed by the Ministry of Works and Transport after nationwide consultations.The proposed changes, which are yet to be approved by Cabinet and Parliament, are
Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the
Police have seized four slaughtered dogs whose carcass was in transit for distribution to a roadside meat market to be roasted for human consumption in Mubende Municipality on Saturday morning.The carcasses were intercepted when a routine police patrol vehicle stopped a motorcycle whose r
Speaking on Friday, Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi said government remains committed to enforcing trade order as part of wider economic reforms aimed at creating a more organised business environment.The Government's trade order operations will be expande
