Minister of Trade, Industry and Cooperatives Hon. Sanjay Tanna and Equity Bank Executive Director Claver Serumaga in the middle along…
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Roofings bets on local steel to cut Uganda’s import dependence
KAMPALA — Uganda’s push to reduce dependence on imported industrial inputs is gaining momentum, with Roofings Group betting on deeper…
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Sugar manufacturers push to halt proposed excise duty increase
Finance Minister Henry Musasizi- with Some of the Sugar Manufacturers Uganda’s sugar manufacturers have asked the government to suspend a…
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Kenya’s Scale, Tanzania’s Surge and Uganda’s Momentum Lift EABL’s Revenues to KSh146 Billion
East African Breweries Plc (EABL) delivered one of its strongest financial performances in recent years, with revenue rising to a…
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Oil, Coffee and Industrialisation Open New Investment Opportunities in Uganda
Uganda’s improving macroeconomic stability, stronger foreign exchange reserves and anticipated oil production are enhancing the country’s prospects as an investment…
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Ugandan Shilling Gains Ground as Dollar Inflows Ease Forex Pressure
The Uganda shilling strengthened against the US dollar last week as increased foreign-currency inflows from commodity exporters, remittances and non-governmental…
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Dr Sengonzi Damulira Honoured for Advancing Uganda’s Public Finance Management
The Undersecretary and Accounting Officer at the Ministry of Finance, Planning and Economic Development, Dr Sengonzi Damulira, has received national…
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Uganda secures Shs481 billion to build Kitgum–Kidepo Road
KAMPALA — Uganda has secured €110.5 million (about Shs481 billion) to finance the construction of the 115.8-kilometre Kitgum–Kidepo Road, a…
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Govt boosts UDB capital to Shs1.6 trillion to drive investment
The government has increased its capitalisation of the Uganda Development Bank Limited (UDB) to Shs1.6 trillion after allocating an additional…
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Ruto Tells G7 Leaders to View Africa as Equal Partner, Not Charity Case
Kenyan President William Ruto has urged global powers to change their approach towards Africa, saying the continent should be treated…
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