Trucks transporting petroleum products to Uganda. File | Nation Media Group Uganda National Oil Company (UNOC) has started selling petroleum products to oil marketing firms in Tanzania and Uganda as it tests the market ahead of rolling out a direct import deal with Vitol Bahrain. Officials of oil companies who
Read MoreNews
The success of the digital revolution and innovation sector in Uganda is being slowed by the slow response of the corporate sector to change, according to experts. This is seen in the number of companies, government institutions, agencies, NGOs and other organisations that have embraced digitisation as a basis of
Read MoreSowedi Sserwadda in coat, the Kibinge Coffee Cooperative Chairperson with another farmer in a demonstration farm The Cooperative movement in Uganda is told to forget the "old good days" when it enjoyed success due to the monopoly granted by the government. Then, until the 1980s, the cooperative societies and unions
Read MoreMichael Mukundane, a tax literacy officer at URA The Uganda Revenue Authority (URA) has engaged taxpayers under the umbrella of the Uganda Small Scale Industries Association (USSIA) on matters of compliance, business formalization, and the Electronic Fiscal Receipting and Invoicing Solution (EFRIS), amongst many other things. USSIA is a non-governmental organization that promotes and
Read MoreA picture of handcuffed suspect/Courtesy The National Anti-Human Trafficking Office at the Ministry of Internal Affairs (MIA) has launched an investigation into the trafficking of 14 Burundians, allegedly orchestrated by Pieri Ndayisenga and Shaban Serungaya. The duo is accused of selling the victims to a farmer in Gomba district, promising them
Read MoreUganda is increasingly earning big from coffee exports Uganda’s coffee exports in February 2024 amounted to 434,582 60-kilo bags, worth US$ 82.56 million (Shs319.8bn). According to Uganda Coffee Development Authority monthly report for February 2024, this comprised of 372,407 bags of Robusta valued at US $ 68.58 million and 62,175
Read MoreRichard Kawere, Principal at Uganda Hotel and Tourism Training Institute, appearing before Parliament’s Tourism Committee Lawmakers on the Parliament’s Tourism Committee have questioned officials from Uganda Hotel and Tourism Training Institute on demands for extra Shs8.9Bn yet at the moment, all the money the Institute collects is spent at source
Read MoreEquity Bank Officials Appearing before the Court Dock. The Anti Corruption Court in Kampala has remanded five employees of Equity Bank on charges of conspiring to defraud the bank of 62 billion shillings. They are Julius Musiimenta, the Head Agency Banking, Erina Nabisubi, the Relationship Manager Telecoms, Fred Semwogerere, a Banker, Crescent
Read MoreThe Secretary to Treasury, Ramathan Ggoobi (pictured) has blamed policy makers for the unrealistic nature of the national budget, saying that whenever planners come up with a budget, some of the items are altered thus affecting the performance of the budget at the end of the financial year. “We have
Read MoreThe Non-Aligned Movement (NAM) and the Group of 77 (G-77)+China Summits held in Kampala in January attracted 3, 500 guests in total and these consumed 56, 000 eggs in eight days, Business Focus exclusively reports. Each of the guests had breakfast with two eggs per day at the Speke Resort in Munyonyo. This implies a
Read More