Business •
25 Apr '26
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Business •
25 Apr '26
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h
Business •
25 Apr '26
The industry has put the completion level of the export pipeline at close to 90 percent today, while pre-commissioning and commissioning testing phase (including hydro testing) exercises are ongoing to determine the facility’s readiness, according to the Petroleum Authority of Uganda (PAU).
Business •
25 Apr '26
President Yoweri Kaguta Museveni, in the company of the Former Prime Minister of Ethiopia, H.E Hailemariam Desalegn Boshe, has today presided over the commissioning of Phase One of a 6,000-tonne cement clinker production line by Yaobai Cement. The facility is located in Nanduget , Moroto District
Business •
24 Apr '26
At 25, Mary Ashley Ainomugisha is sure of herself, her body, and the life she wants to lead. A self-proclaimed feminist, she describes herself as an online activist for women’s rights and health. While society expects a young woman her age to be looking forward to the lifelong goals of m
Business •
24 Apr '26
The State Minister for Trade, David Bahati, has warned of government action against fuel dealers suspected of hoarding products and distorting prices amid rising pump costs.Rising pump prices and reported stock-outs have triggered government scrutiny of fuel dealers, with officials warning
Business •
23 Apr '26
Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF) last week.We are now ranked as a lower middle income country beside all this Uganda is in the first position in the Ea
Business •
23 Apr '26
Members of Parliament have approved a 30 percent levy on imported second-hand clothes as part of wider tax reforms aimed at raising revenue and supporting local industries.The tax was passed under the External Trade (Amendment) Bill, 2026 during a parliamentary sitting chaired by Speaker A