Business & Economy

Thirty-two universities that have operated for more than three mandated years under a provisional licence face closure if they do...

The Auditor General (AG) has established that over sh835.5b was either misappropriated or misused in the 2017/2018 financial year. The...

The local government permanent secretary, Ben Kumumanya, has interdicted Ismail Ochengel, the Chief Administrative Officer (CAO) of Arua and his...

The Government has finalized the formulation of the draft budget (Budget Framework Paper) for the 2019/2020 financial year, with greater...

President Yoweri Museveni has held bilateral talks with the American deputy secretary for East Africa, James Makila. During the meeting...

Uganda and China’s Hunan province have signed a memorandum of understanding (MOU) expected to facilitate the construction of a power...

City businessman Shukla Mukesh has written to President Yoweri Museveni asking for protection from what he termed as investor frustration...

MPs investigating the closure of seven defunct banks have asked Bank of Uganda (BOU) to account for sh478b that was...

Senior officials from the now defunct Global Trust Bank(GTB) that was closed by the central bank have demanded compensation for...

Parliament’s committee on commissions, statutory authorities and state enterprises (COSASE) has learnt that the defunct National Bank of Commerce (NBC)...

The Government is working out a plan to establish a Medical Credit Fund,

Azuba says the Government has paid a commitment fee of $100,000 on each of the four planes and another $400,000...

The number of Japanese setting up companies in Uganda is on the rise, the Japanese ambassador to Uganda has said.

The ranking cites futuristic cityscapes and modernist architecture to pristine rainforest and rehabilitated wildlife among the major attractions.

However, Lokod clarifies that the proposed policy does not target any church and is not intended to curtail the freedom...

Auditor General John Muwanga revealed that BOU sold the bank to dfcu without internal guidelines, regulations or policies in place...

While some banks have been making losses for the last three years, the Central Bank has ensured that they do...

The Government has urged the National Housing and Construction Company to find solutions for the urban poor and rural Ugandans....

A Ugandan businessman is embroiled in a dispute with the UN over delayed payment of about sh500m in compensation after...

Opec prime Properties Limited and Opec prime Uganda Limited, the developer of the Naguru-Nakawa estate, have written to the Government...

Over 322 former workers of Apollo Hotel (now Sheraton Kampala Hotel), under their umbrella Organisation, The Association of Former Workers...

Eight Chinese firms have signed memoranda of agreement to start production at the SinoUganda Industrial Park in Mbale district. Two...

President Yoweri Museveni has met with a delegation from a British company, Alvan Blanch UK and discussed about a cereal...

President Yoweri Museveni has underscored sustainable conservation of water bodies as a prerequisite for human survival. “When we talk about...