August 27
Uganda: Uganda Drills 72 Wells Ahead of Oil Production
Uganda's oil sector is advancing significantly with 72 out of 457 wells drilled at the Tilenga and Kingfisher oil projects as TotalEnergies and CNOOC Uganda Limited push towards… Read more »
August 21
Uganda: Grant of Tax Waiver to Companies Queried
Legislators on the Committee of Finance have questioned the manner and criteria the Uganda Revenue Authority (URA)is using to extend tax waivers to companies and individuals. Read more »
August 14
Uganda: Parliament Declines to Proceed With Alcohol Control Bill
Parliament has rejected the Alcohol Control Bill, 2023 that sought to regulate the purchase, sell and consumption of alcohol. Read more »
August 13
Uganda: UK and Uganda Unveil £5 Million Clean Cooking Initiative
The UK, in partnership with Uganda's Ministry of Energy and Mineral Development, has unveiled a £5 million clean cooking programme designed to revolutionize cooking… Read more »
Uganda: MTN to Pay Shs 147.8bn As Interim Dividend
MTN Uganda is set to pay shareholders an interim dividend of Shs 6.6 per share, amounting to Shs 147.8 billion, following a strong financial performance in the first half of 2024. Read more »
August 01
Uganda: Corruption in Uganda - a Catalyst for Increased National Debt
Corruption is a major obstacle to Uganda's development, impacting governance, economic stability, and the social structure. A severe consequence of widespread corruption is the… Read more »
July 31
Uganda: Museveni Engages Standard Chartered Bank On Funding Key Projects
On July 25, President Yoweri Museveni met with a team from Standard Chartered Bank's Export Finance division at State House, Entebbe, to explore potential funding for various… Read more »
July 23
Uganda: Uganda Airlines Steps Up Competition With New Flights
Uganda Airlines is stepping up competition against Ethiopian Airlines, Kenya Airways, and RwandAir with the launch of new flights to Abuja in Nigeria, Lusaka in Zambia, and Harare… Read more »
July 16
Uganda: Ugandan Economy Back On Track, DRC Reparation Continues - Ggoobi
Secretary to the Treasury Ramathan Ggoobi has said Uganda's economy is back on track, and indications are of even stronger growth in the coming years. Read more »
July 15
Uganda: New Project Targets Lucrative Furniture Market in Uganda
Two companies - Gestures, a creative furniture manufacturer based in Uganda, and bkvv Architecten, a renowned architectural firm based in the Netherlands with extensive experience… Read more »
July 09
Africa: Rise of Digital Activism in Africa As Smartphone Adoption Surges
From just making calls, to taking pictures and light browsing, to engaging in e-commerce transactions to, recently, engaging in digital activism, the way Africans are engaging with… Read more »
July 08
Africa: Africa-Caribbean Trade Poised to Hit $1.8 Billion By 2028
Trade between Africa and the Caribbean could soar to $1.8 billion annually by 2028, provided that value addition, trade facilitation, and enhanced logistics are prioritized,… Read more »
July 02
Uganda: Growing Middle Class Boosts Carrefour's Growth in Uganda
In 2019, French supermarket giant Carrefour agreed with Shoprite Checkers Uganda Limited to take over its Shoprite franchise in the country. This strategic move has since… Read more »
June 30
Uganda: Ruto's Shambolically Risky Gamble
Many people have hailed President William Ruto of Kenya for yielding to popular pressure not to sign the controversial Finance Bill. A friend in diplomatic circles in Kampala… Read more »
July 01
Uganda: Uganda in Top 10 African Countries That Attracted Most FDI in 2023
While the clean energy sector draws significant global foreign investment to Africa, particularly green hydrogen, solar, wind, and battery manufacturing, this is not Africa's only… Read more »
June 25
Uganda: CSOs Identify Key Opportunities in the Shs72 Trillion Budget
The non-governmental organisations call for strong anti-corruption measures and debt reduction Read more »
Uganda: Trade Ministry Official Joins MPs in Luzira in Sh3.4 Billion Court Case
The Anti-corruption Court in Kampala has remanded Leonard Kavundira, the Principal Cooperative Officer from the Ministry of Trade, Industry and Cooperatives to Luzira prison for… Read more »
June 20
Uganda: Hundreds Benefit From Medical Camp Organized By CNOOC in Kikuube
The Chinese oil giant China National Offshore Oil Corporation (CNOOC) in Uganda is holding a two-day medical camp in the country's western district of Kikuube, where hundreds of… Read more »
June 19
Uganda: Uganda Bankers Chairman Urges Entities to Embrace ESG
Businesses have been encouraged to embrace Environmental Sustainability Governance (ESG) practices which are more than a regulatory requirement, but a strategic move towards… Read more »
June 18
Uganda: Intra-African Trade Values Hit U.S.$192 Billion
Intra-African trade recorded an improvement in the past year but remained relatively low compared to other regions, according to Afreximbank's African Trade Report 2024, titled… Read more »
Rwanda: RwandAir Cargo Expands Its Network to Dubai and Djibouti
RwandAir Cargo is launching new services to Dubai and Djibouti, both operated by its dedicated freighter B738SF. The expansion is part of the airline's mission to connect Africa… Read more »
June 14
Uganda: Budget 2024/2025 - Agro-Industralisation, Tourism and Mineral Devt to Propel Economy's Expansion
Uganda's growth strategy for the 2024/2025 Financial Year is anchored on agro-industrialisation, tourism development, mineral development including oil and gas, and technology and… Read more »
June 10
Uganda: Museveni's Eye On Money Lenders, Economy
In his latest State of the Nation Address 2024, President Yoweri Museveni wants to cap interest rates charged by money lenders who he said exploit desperate borrowers by charging… Read more »
June 07
Uganda: Chinese Firm to Upgrade Key Road in Uganda's Mountainous Eastern Region
Ugandan Prime Minister Robinah Nabbanja has launched the upgrade of a 39-km road in Sironko District of the mountainous Eastern Region, together with the Chinese construction firm… Read more »
June 05
Kenya: Kenyan Highway Upgrade Boosts Business, Enhances Regional Connectivity
Irene Wairimu has been selling cereals for the past 10 years along the 84-km Kenol-Sagana-Marua Highway, which links Nairobi, Kenya's capital, to the agriculturally rich central… Read more »