Ugandan private sector firms have registered a deterioration in business conditions during March, thereby ending a 16-month upward improvement sequence...

The Minister of State for Finance (General Duties), Hon. Henry Musasizi, presenting the national budget and accompanying documents for the next financial year during the House sitting on Thursday 28 March 2024

Business

URA tasked to collect over Shs31 trillion in the next Financial Year, will it be possible?

by Stephen Kalema

5th April 2024 at 08:44

Henry Musasizi, the Minister of State for Finance, has disclosed that the Uganda Revenue Authority (URA) is projected to gather...

Business

Airtel Uganda Pays Out UGX 34.8 Billion to UCC to Support Rural Communications Infrastructure Development

by Watchdog Uganda

4th April 2024 at 22:05

Kampala: Uganda’s First 5G Network, Airtel Uganda has today handed over a cheque totaling Ugx. 34.8 billion which is 2%...

Business

Absa Bank Unveils China Office, Anticipates Surge in Trade Finance Revenues

by Mourice Muhoozi

3rd April 2024 at 10:03

Absa Bank, a prominent Pan-African financial institution, has embarked on a transformative journey with the inauguration of its maiden office...

Business

African Development Bank Sanctions Chinese construction company over Fraudulent Conduct in Uganda

by Mourice Muhoozi

3rd April 2024 at 09:15

The African Development Bank (AFDB) has imposed sweeping sanctions against China Henan International Corporation Group (CHICO), a prominent Chinese road...

Business

MTN’s Fiber Expansion Journey Empowering Connectivity Across Africa

by Mourice Muhoozi

2nd April 2024 at 11:27

In a bold strategic move aimed at fortifying its foothold in the telecommunications sector, MTN Group has embarked on a...

Business

Kenya Grants UNOC Green light to Import Petroleum Products into Uganda

by Mourice Muhoozi

30th March 2024 at 08:56

In a significant move towards regional energy cooperation, Kenya has granted the Uganda National Oil Company (UNOC) permission to import...

Business

Equity Group Registers Jaw-Dropping Profits and Generous Dividends

by Mourice Muhoozi

29th March 2024 at 10:53

Dr. James Mwangi, Group Managing Director and CEO, announced that Equity Group Holdings has once again put forward a record...

Business

UIA launches Investment Facilitation and Protection Campaign

by Stephen Kalema

29th March 2024 at 07:46

The Uganda Investment Authority (UIA) proudly on Thursday unveiled its latest initiative: the Investment Facilitation and Protection Campaign, aligning with...