Over 2000 entrepreneurs that participated in various training modules in the Stanbic Accelerator Program, Enterprise Development Program, Micro Enterprise Development Program and Supplier Development Program; to equip them with relevant business skills at the Stanbic Business Incubator Limited (SBIL) between January 2022 and April 2023, have graduated. Speaking at the graduation ceremony held at
Read MoreMonth: December 2024
News
Bukoola Chemical Industries Reaches 50-Year Milestone, Acknowledges I&M Bank Uganda As A Key Partner
Dr Peter Kyabaggu (Left), the Director Bukoola Chemicals Industries receives a certificate from Sam Ntulume the Acting Managing Director I&M Bank Bukoola Chemical Industries, a leading manufacturer and distributor of agrochemicals, fertilizers, and industrial chemicals in Uganda, recently reached a significant milestone as it celebrated 50 years of operation. The
Read More
The Institute of Certified Public Accountants of Uganda (ICPAU), has released examination results for the May 2023 diet revealing a decline in performance. According to the release, the pass rate for the Certified Public Accountants, for example, was 32 percent, having declined from 36 percent in the previous sitting. A
Read More
Parliament has been advised to carefully deliberate the enactment of the requisite laws to govern the operations of Islamic Banking in Uganda, warning of the likely ramifications in case of any lapse. Tax expert, Cephas Birungyi, a Team Leader at Birungyi, Barata, and Associates and a representative of the ULS
Read More
Eastern and Southern African trade promotion organisations are pushing for the rescinding by Kenya of the recent agreement with the European Union to implement the Economic Partnership Agreement (EPA) between them. They say the deal pauses “imminent danger” to the integration of East Africa and the continent as a whole,
Read More
Uganda Airlines is set to launch a loyalty programme before the end of this month Uganda Airlines has finalized plans to launch a mileage/loyalty programme that will benefit frequent travellers. Jennifer Bamuturaki, the Chief Executive Officer at Uganda Airlines made the revelation on the sidelines of the flag off event for Muslim
Read More
One of Total’s oil rigs Government has revealed that drilling of oil wells at the Tilenga project is expected to commence in July 2023 as country moves closer to the the first oil target in 2025. Gloria Sebikari, the Manager, Corporate Affairs & Public Relations at Petroleum Authority of Uganda (PAU) made
Read More
The Executive Board of the International Monetary Fund (IMF) on June 21, 2023concluded the fourth review of Uganda’s Extended Credit Facility (ECF). This completion enables the immediate disbursement of the equivalent of SDR 90.25 million (about US$ 120 million/UShs441.1bn). The ECF Arrangement for Uganda for a total of SDR 722 million (200 percent
Read More
Cephas Birungyi, a Partner at Birungyi Barata & Associates and a member of Uganda Law Society The Uganda Law Society has asked Parliament to halt the enactment of laws to operationalize Islamic Banking in Uganda for one year. This is on grounds that this will allow all stakeholders familiarize themselves with concepts
Read More
Ibrahim Bbosa The Uganda Revenue Authority - URA is expected to collect 2 trillion Shillings in the next six days to hit the annual target. This was revealed by Ibrahim Bbosa, the URA Assistant Commissioner for Communication and Corporate Affairs. In this financial year, URA's target was 25.5 Trillion Shillings.
Read More