Year: 2025

The U.S Department of State has reported progress on the business and economic front of the US-Africa Leaders’ Summit over the last six months. The number of investments made in Africa from the summit has been reported to have increased from 15.7 billion dollars to 16.2 billion since December last

EAC Council of Ministers Chairperson, Dr Nibigira with the Budget before tabling it before it to EALA The East African Community secretariat has tabled before the East African Legislative Assembly (EALA) the budget estimates for the 2023/2024 Financial Year totaling 103,842,880 dollars. This comes after the regional economic block posted

The Associated Motor Dealers (AMD) have opposed government's decision to introduce digital number plates, set to take effect from July 1st, 2023. In a surprise meeting held at their offices at UMA show grounds, the association, which represents bond owners and various private stakeholders in the transport sector, expressed their discontent over

The Bank of Uganda has opted to maintain its base interest rate, the Central Bank Rate at 10 percent despite the sustained fall in inflation since late last year. The CBR is an indicator of the cost of money to commercial banks, on which the bank may base their lending

Hamis Kigunddu (R) and his lawyer, Fred Muwema. The Supreme Court in Kampala has ordered a fresh hearing in a case in which businessman Hamis Kiggundu is seeking to recover more than 120 billion Shillings from Diamond Trust Bank Uganda and Diamond Trust Bank Kenya. Tuesday’s unanimous decision by five

Awards CEO, Bari Salim Consumers' Guide Magazine has returned with the 5th edition of the Consumers' Choice Awards. The Awards recognizes business excellence through an independent market survey to determine brand reputation, customer satisfaction, and business excellence to determine for the quality of their service, value, integrity and professionalism. According

The government has been urged to maintain and upscale the Covid-19 testing services to enable the effective management and control of the virus in the community. Doctor Jonathan Kitoonsa, a Researcher at the Medical Research Council/ Uganda Virus Research Institute-MRC/UVRI, indicates that is still significant to both research purposes and

An Oil rig being installed in the Tilenga operations area in Buliisa. Photo by Emmanuel Okello. The government has issued a one-month ultimatum to Project Affected Persons-PAPs under the Tilenga project to receive compensation or forcefully lose their land. Up to 623 people in Kasenyi village were affected when the