June 13, 2023
Uganda: President Museveni's Take On Economic Growth and Infrastructure Development
President Yoweri Museveni is content with the economy's progress, which he said recovered from a nosedive during the COVID-19 pandemic, and is poised to hit US$55.2 billion. Read more »
June 05, 2023
Uganda: FAO, Government to Assess Potential New Dairy Market
The Food and Agriculture Organization of the United Nations (FAO) has entered into a new partnership with the Dairy Development Authority (DDA) to boost exports of Ugandan milk and… Read more »
May 31, 2023
Africa: Top 100 Most Admired Brands in Africa Named
· Nike retains #1 ranking for 5th consecutive year in a relatively unchanged Top 10 ranking of the most admired brands in Africa. Read more »
May 27, 2023
Uganda: Uganda GDP to Grow Fast in 2023
Just days to the June 14 reading of the national budget in parliament, the African Development Bank (AfDB) has listed Uganda among countries whose good GDP growth performance is… Read more »
May 28, 2023
Uganda: European Investment Bank Eyes More Investments in Uganda
A delegation from the European Investment Bank (EIB) has concluded a week-long (May 22-26) visit of Uganda that saw the bank's representatives and senior officials from the… Read more »
May 21, 2023
Rwanda: Rwanda, Uganda in 400MW Energy Deal
Power trading between Rwanda and Uganda could start soon, Rwanda Energy Development Corporation Limited (EDCL) has revealed. Read more »
May 18, 2023
Uganda: Government Hails Telecom Companies for Driving Uganda's Digital Revolution
The Minister for Information Communication Technology (ICT) and National Guidance, Dr Chris Baryomunsi has hailed the role played by telecom companies in driving Uganda's digital… Read more »
May 11, 2023
Uganda: Kampala-Masaka Road Cut Off By River Katonga
Drivers are seeking alternative routes through the villages today after floods cut off Kampala-Masaka road in central Uganda after River Katonga burst its banks. Read more »
May 10, 2023
Uganda: East African Firms On the List of the Continent's Most Valuable Brands
Seventeen East African firms are among the list of the continent's most valuable brands, with the Safaricom retaining the top spot amidst a decline in its overall ranking. Read more »
May 08, 2023
Uganda: Non-Payment of Staff Affecting Sericulture Project
Members of Parliament on the Committee of Science, Technology and Innovation have expressed concern over the delayed payment of workers operating in the sericulture project saying… Read more »
May 03, 2023
Uganda: More Than Half of Listed Companies on Uganda Securities Exchange Recorded Profits
More than half of companies listed on the Uganda Securities Exchange recorded growth in profits in the last financial year, analysis by The Independent reveals. Read more »
May 01, 2023
Uganda: Everyone's Focus Should Be on Creating More Jobs - Museveni
President Yoweri Museveni has re-emphasised the importance of creating more jobs to get Ugandans out of unemploment, instead of focussing on the remuneration of those already in… Read more »
April 27, 2023
East Africa: Eabc Urges EAC States to Reduce Cost of Digital Tax Stamps
The East African Business Council (EABC) has called for a review and reduction in the cost of the Digital Tax Stamp system, which has been implemented in the region to improve… Read more »
April 26, 2023
Rwanda: Rwandair to Launch Nonstop Flights to Paris
RwandAir has announced plans to launch nonstop flights to Paris for the first time. Read more »
April 24, 2023
Uganda: Why Uganda Must Sign Up to the Single African Air Transport Market
The Single African Air Transport Market (SAATM) is a flagship project of the African Union, aimed at creating a single unified air transport market across Africa. The objective of… Read more »
Uganda: Local Govts to Get Over U.S.$267 000 for Roads
Following a presidential directive, government has allocated each district and municipality Shs1 billion for maintenance of roads outside the Uganda National Roads Authority (UNRA)… Read more »
April 17, 2023
Uganda: Musasizi Defends Decision to Tax Twitter and Netflix
The Minister of State for Finance (General Duties) Henry Musasizi, has defended the proposal to impose a 5% tax on the gross income earned by international digital companies in… Read more »
April 13, 2023
Uganda: 'Tax Revenues Grow, but Ura Won't Hit Target'
Uganda Revenue Authority (URA) forecasts indicate it will register a shortfall of 365.13 billion Shillings this financial year. This is according to projections based on the… Read more »
April 12, 2023
Uganda: Bank of Uganda Will Attract FDI in Excess of U.S.$15 Billion in the Medium Term
In an exclusive interview with the African Business, the Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, talks about how the bank is dealing with inflation and the… Read more »
Uganda: Parliament Concerned About Security of Ugandan Businesses in DRC
The Committee on Foreign Affairs is concerned about the security of Ugandans and their businesses in the Democratic Republic of Congo (DRC). Read more »
April 11, 2023
Uganda: Govt Moves to Buy Out Power Distributor Umeme
Government is set to pay US$215 million (Sh 802 billion) to acquire majority shares of power distributor, Umeme. Read more »
East Africa: East Africa's Cross-Border Electric Trains Set to Speed Up Intra-African Trade
Tanzania and Burundi have floated a tender for designing and constructing an electrified railway that will initially connect the two countries and pass through the Democratic… Read more »
March 27, 2023
Uganda: MTN Uganda On Transition to Become a Technology Company
MTN Uganda, like most telecom companies around the world, has recorded rapid transformation in its operations, customer experience and development of various products and services… Read more »
Uganda: Minister for Presidency Babalanda Cited in U.S.$1.8 Million Scandal
The Minister for Presidency Milly Babalanda was cited in an Shs7 billion scandal involving the government printers- Uganda Printing and Publishing Company (UPPC). Read more »
March 23, 2023
Uganda: Revitalizing Adoption and Use of Solar Technologies in Agriculture Sector
Innovation experts have urged players in the agriculture sector to adopt and accelerate the use of solar technologies across the value chain to address the reduce the sector… Read more »