Tag: Business News

The Commercial Court has ordered Haruna Muwanga, director of BMK Uganda, to pay Minister Balaam Barugahara Shs1.4 billion for a ...

The Ugandan government has reintroduced and staunchly defended its plan to impose a 5% tax on foreign-owned companies providing digital ...

In a significant move to tackle corruption and enhance revenue collection, the Uganda Revenue Authority (URA) has announced plans to ...

The Uganda National Chamber of Commerce and Industry (UNCCI), representing the business community in West Nile region, is planning to ...

Kenya intends to construct three additional vessels to increase oil product exports to Uganda via Lake Victoria. Cabinet Secretary for ...

At an awards ceremony for global investors held on Monday in Abu Dhabi, Uganda came out on top as the ...

Over 1,320 residents in Ntungamo District have benefited from the Parish Development Model (PDM) flexible financing program. The seven-pronged PDM is ...

By being one of the primary sponsors of the 2023 Kabaka Run, which will be held this Sunday, April 16, ...

According to Stanbic Bank CEO Anne Juuko, the bank reported gross revenue of Shs 1 trillion and an after-tax profit ...

President Yoweri Museveni has said any decision involving the process of identifying a suitable investor in the effort to revamp ...

President Museveni has urges Ugandans to disregard opposition members pleas that Ugandan economy is collapsing and revealed that actually its ...

The revamped Uganda Airlines will start regional flights in July, about three months after delivery of two Bombardier CRJ900 jets, ...

Ugandan manufacturers and traders dealing in sugar, poultry, beef and dairy products have commended President Uhuru Kenyatta (Kenya) and his ...

President Yoweri Museveni has described the closure of the Uganda-Rwanda border as a temporary issue, which should not stop Uganda ...

The former chief executive officer (CEO) of telecommunications company MTN Uganda, Joris Wim Vanhelleputte, has dragged the Government to court, ...

The Government is increasingly turning to indirect taxes to increase revenue, but a new report has found that the move ...

The National Social Security Fund (NSSF) is set to buy shares in the multi-billion South African MTN telecom franchise. Talks ...

MPs on the ICT committee have directed the ministry to furnish Parliament with an assessment report on the impact of ...

Mushroom growing is one of the lucrative farming enterprises that can be carried out on limited space. Consequently, for the ...

After travelers complained of few immigration staff and long queues in the wee hours of the morning at Entebbe Airport, ...

President Yoweri Museveni has commissioned a sh91.4b solar power plant project to benefit rural households, schools and hospitals in the ...

Uganda Airlines, the revamped national carrier, will take to the skies in June, Ephraim K. Bagenda, the chief executive director ...

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 ...

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