Keith Kalyegira, the Chief Executive Officer at Capital Markets Authority MTN Uganda has announced its long-awaited sale of shares to the public through an initial public offer- IPO following approval by the market and industry regulators. This is in fulfillment of the licensing guidelines issued in 2019, under which MTN's National
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Former Speaker, Rebecca Kadaga The 11th Parliament has backed a plan to reduce former Speaker Rebecca Kadaga’s influence in Parliament, by voting to rename the Rebecca Kadaga Institute of Parliamentary Studies. Anthony Akol (Kilak North) and Sarah Opendi (Tororo DWR), who was Kadaga’s campaigning agent for the Speakership race led the move to end Kadaga’s legacy when
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Uganda Investment Authority (UIA) is engaging stakeholders in the cotton, textiles and apparels (CTA) sector in order to boost import substitution through industrial vertical integration and policy interventions. This is in line with aims of the Presidential Investor Roundtable (PIRT), an investment policy platform, of which UIA is the Secretariat.
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David Mparutsa, the Head, Enterprise & Supply Chain Development, Corporate and Investment Banking, Absa Regional Operations. Capacity building has become a core issue in preparing local content companies to take advantage of the upcoming investments of $20 billion within the oil and gas industry of Uganda. Many developing countries have had
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Ronald Muyanja, the Trading, Global Markets Head at Stanbic Bank Uganda Business sentiment in Uganda’s private sector remained positive but slow in September on account of new orders and higher output, according to the monthly Stanbic Bank Purchasing Managers Index (PMI). The headline PMI registered 52.5 in September compared to
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Artistic impression of Hoima International Airport Construction of the Hoima-based Kabaale (Hoima) International Airport will be completed 16 months from now. The contractors SBC and Uganda Refinery Holding Company Uganda National Oil Company say slightly above 30 per cent of the work is yet to be done. The Uganda Refinery Holding Company
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Josephine N. Mukumbya (pictured) has been appointed as the executive director of Agribusiness Development Centre (ADC), an entity which was founded by Rabobank Foundation and dfcu Limted to specialise in capacity development of farmer based organizations through training, business mentorship and coaching, offering them the prospect of a sustainable future. Josephine joins an
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Ag. Director Quality and Regulatory Services, Doreen Rweihangwe (L) and Promotions and Training Officer Clare Rwakatogoro at the Dubai Expo. Uganda Coffee Development Authority (UCDA) has revealed that Uganda’s coffee stall is doing well at the ongoing Dubai Expo. In a statement shared on Twitter, UCDA says Uganda has been
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By Hassan Kitenda People have often asked if real estate is a risky investment? This is a question that will continue to be subject to numerous debates. Real estate is a pretty good option to invest in your money it's one of the best ways to build wealth, and no
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Officials from Uganda pose for a photo with investors Uganda has so far signed investment deals worth $900million (Shs3.2 trillion) at the ongoing at Dubai Expo. The expo started about five days ago. The revelation has been made by Morrison Rwakakamba, the UIA chairman in interviews with various media houses. The commitments included
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