Poor legacy assets drag down PIC unlisted investment impairments
Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments...
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State House Anti-Corruption Unit Launches Probe Into SACCO, Electricity Issues At Mbarara Market
The State House Anti-Corruption Unit (SH-ACU) on Wednesday convened a baraza with Mbarara City leaders, market vendors and their representatives in a bid to resolve longs...
Uganda’s recoverable oil reserves rise to 1.65 billion barrels.
Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum A...
BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan
David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access c...
Works Ministry Launches Probe into Illegal Number Plates
The Ministry of Works and Transport has initiated investigations into allegations of illegal fees and delays in the issuance of digital number plates, following a surge i...
TotalEnergies Sued in Uganda Over Failure to Pay Contractor Who Cleaned Up ‘Heavily Contaminated’ Fuel Depot in Kampala
Because Kampala’s aquifer system lies directly beneath the industrial area, the suit suggests the contaminants may have seeped further, potentially threatening the wate...
New roadmap to drive growth and transformation in agriculture
A Science, Technology and Innovation Roadmap for Agriculture, being developed by the Department of Science, Technology and Innovation in partnership with the Food and Agr...
EU disgusted with ‘endemic corruption’ in Ukraine
Kiev’s European backers are seeking guarantees that their financial aid would not be embezzledThe EU is seeking concrete commitments from Ukraine in the wake of the bom...
Gloria Nawanyaga seeks to become Uganda’s first openly HIV positive MP
Born with HIV via mother-to-child transmission, Nawanyaga's personal journey has become the cornerstone of her political mission. The race for Youth Member of Parliament...
Somalia Finance Minister Attends Arab Countries' Meeting On Finance and Budgets in Beirut.
Beirut, Lebanon — Somalia's Minister of Finance, Biixi Imaan Cige, on Wednesday attended the Arab Countries' Meeting on Public Finance and Budgets, held at the United N...