Trade minister advises Ugandan businesses to forget about trade with Rwanda,...
The Ministry of Trade has noted a decline in trade returns on exports from 430 million USD to USD 203m in the last financial year. The Minister of Trade and Cooperatives Amelia Kyambadde has...
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SCOTTISH WHISKY MADE IN UGANDA
9 Barrels and Old Glen Whisky Hit Market By Moses Miiro Premier Distilleries Ltd (PDL) have become the first company in Uganda to blend and produce Scottish whisky. The Kawempe based manufacturers...
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Top 10 Richest Companies in Uganda
Powerful corporates are in the news all the time. We keep hearing news about tech giants like Microsoft and Google. Uganda too has some rich companies, and individuals. There are more people who like...
View ArticleAfrican Queen Limited says latest Imperial Leather promo is a success
British personal care products manufacturer PZ Cussons, the owners of the Imperial Leather brand two months ago launched a one billion shillings promotion aimed at reinvigorating their position on the...
View ArticleFarmers ignorant of the agricultural insurance scheme
Farmers in northern Uganda have decried insufficient information on agricultural insurance scheme in the country. Agriculture insurance provides farmers with a solution for making their revenue more...
View ArticleFormer Uganda Law Society president appointed as UTL Administrator
Uganda Contribution Employees’ Contributory Pension Scheme (UCECPS) which is one of the major creditors to UTL went to court accusing Bemanya of failure to perform his due in regards collection of the...
View ArticleSudan opens up a gold market in a bid to raise revenue
Sudan has begun allowing private traders to export gold, a measure designed to crack down on smuggling and attract foreign currency into the country’s cash-strapped treasury. Until now Sudan’s central...
View ArticleUCC, Police, Telecos meet over unregistered sim cards
Uganda Communications Commission (UCC) has tasked all telecommunication companies to find a lasting solution for the unregistered sim cards still in use up to date yet they were ordered to switch them...
View ArticleMuseveni launches Sukulu fertilisers distributed UPDF business wing, NEC
Speaking at the launch, Museveni applauded NEC for the initiative. Brig. Moses Ddiba Sentongo, the NEC Deputy Executive Director, who represented Lt. Gen. James Mugira, the Managing Director said the...
View ArticleURA to start taxing the internet
This was revealed by the commissioner-general of the authority, Doris Akol while presenting the budget framework paper for the authority to the parliamentary finance committee Uganda Revenue Authority...
View ArticleTotal customers can top-up fuel cards through Stanbic bank agents
The deal was unveiled at a function held at the Total Uganda head offices in Kampala on Thursday morning. “This is one of the many benefits to be enjoyed by Total card users who will now have the...
View ArticleLycamobile: New Telecom Company launches in Uganda
Lycamobile from the UK announced its entry into the Ugandan market at a function held at Sheraton Hotel in Kampala on Thursday morning. “Our aim is to have a positive impact on the people of Uganda by...
View ArticleGive us trade opportunities, market access instead of aid
President Yoweri Museveni yesterday met and held discussions with a visiting 3-member delegation of the Japanese House of Councillors, led by Mr. Takashi Uto. The delegation is in Uganda to assess the...
View ArticleTullow Oil writes off $800m Kenya, Uganda investment
Tullow Oil has written off $800 million of its exploration costs in Kenya and Uganda after lowering its forecast for long-term crude oil prices. Oil firms recover their exploration costs over the...
View ArticleKitaka’s contract as acting KCCA Executive Director extended for six more months
President Museveni has extended the contract for Eng. Andrew Kitaka to serve as acting Executive Director for Kampala Capital City Authority (KCCA) for six more months. In a January 10 letter by the...
View ArticleRow as Uganda protests milk seizures by Kenya
Kampala has sent a protest note to Nairobi demanding the immediate release of consignments of milk seized by Kenyan officials on alleged quality concerns, sparking a fresh diplomatic row between the...
View ArticleKenya’s green bond listed on the London Stock Exchange
Kenya has floated a $40 million green bond on the London Stock Exchange (LSE). The bond, by Nairobi-based property developer Acorn Holdings, started trading at the LSE on January 20, 2020, following...
View ArticleOut growers stranded as factory delays to buy sugar cane
Over 100 sugar cane out-growers in Njeru Municipality, Buikwe District are stranded with sugarcane after managers of GM Sugar Factory delayed to buy it from them. “Our cane is almost drying up but the...
View ArticleThe UK-AFRICA INVEST SUMMIT KICKS OFF
Museveni held talks with Johnson during the UK-Africa Investment Summit in London, yesterday. “I thank the Prime Minister for the invitation. Like I told him in our bilateral meeting, Uganda is ready...
View ArticleMuseveni tells investors to report corrupt government officials to him
President Yoweri Museveni has urged investors to report government officials who seek bribes, saying punitive action will be taken against those found guilty.“We have launched a campaign against the...
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