Amid changes in the Chinese economy and the rising use of electric vehicles, global oil demand growth is down sharply this year from the rates seen in recent years. The shift will likely have important implications for oil markets and the global energy system according to the analysis conducted by
Read MoreYear: 2024
Tracing The Impact Of Fr. Grimes Through The Shadows Of Namasagali College
The dilapidated service trucks in the school's compound. Trophies from various activities like netball, swimming, chess, and music competitions, along with other co-curricular activities, remain the only visible memoirs of Fr. Damian Grimes, a Catholic priest who transformed Namasagali College into a distinguished center of learning known for quality education
Read MoreURA Commissioner General John Musinguzi Uganda Revenue Authority (URA) has announced a surplus in revenue collections for the month of August 2024, exceeding its target. The net revenue collection for August 2024 was Shs 2.345 trillion, surpassing the target of Shs 2.316 trillion by Shs 28.19 billion, representing a performance
Read MoreURA Commissioner General, John Rujoki Musinguzi Uganda Revenue Authority has introduced a new tax compliance system that will help taxpayers maintain compliance and avoid adverse consequences. The domestic taxes compliance improvement plan (CIP) for the financial year 2024/25 lists 20 areas that, when not addressed by taxpayers, usually lead to
Read MoreSome of the destroyed property by revelers at Hotel Santa Maria Arua (Courtesy Photo) Revelers in Arua City rampaged on Saturday night, destroying property worth millions of shillings after a music concert featuring popular Ugandan musician Eddy Kenzo failed to take place. The concert, dubbed "Eddy Kenzo Carnival: Twende Tupaate,"
Read MoreUnlocking Business Opportunities: How dfcu Bank is Supporting SMEs Across Uganda
William Kayongo, Head – Enterprise Banking, dfcu Bank In a significant step toward transforming Uganda’s business landscape, dfcu Bank has launched a new lending campaign aimed at empowering small and medium enterprises (SMEs) across the country. With over 60 years of heritage as a development finance institution, dfcu has been a driving
Read MoreUganda Baati Showcases Innovative Cold Room Storage Solution At 5th Bi-Annual Private Sector CEO Forum Retreat
Uganda Baati, a member of the Safal Group and one of Uganda's leading building solutions providers has showcased its new-age and innovative cold room storage solution, the Safcool, at the 5th Bi-Annual Private Sector CEO Forum retreat at Serena Hotel, Kampala on September 13-14, 2024. The event, officiated by H.E Yoweri Kaguta
Read MoreUBL officials at the relaunch of the highly anticipated Johnnie Walker Blue Club On Saturday September 14, Uganda Breweries Ltd (UBL) hosted several industry captains and business moguls as they relaunched the highly anticipated Johnnie Walker Blue Club. The landmark event, held at the picturesque Pineapple Bay Island, a premier venue known
Read MoreFarmers, coffee dealers and nursery operators from the greater Masaka sub region have tasked Parliament to withdraw the proposal to mainstream Uganda Coffee Development Authority-UCDA into the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF). During a regional stakeholders’ consultation engagement by members of the Buganda Parliamentary Caucus held at
Read MoreThe Intelligent Transport Monitoring System (ITMS), is ready to commence installation of digitalized number plates on private vehicles. ITMS is a Russian company procured by government to install number plates. The company started with government public vehicles and motorcycles. Fixing the plates on private vehicles is expected to start in
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