Uganda decided that when oil and gas revenues start to flow, they would be reserved for infrastructure development, but experts urge for cautious decisions about it. The Petroleum Fund was part of the outcome of a benchmarking exercise in Norway at the time of developing laws and policies for the
Read More
The launch event was graced by many guests Festo Camera Group Uganda Ltd, a one-stop camera store selling all kinds of Cameras and managing after sales services has opened shop in Kampala. Speaking as guest of honour at the official opening of the shop located at Crown House in Kampala
Read More
Manufacturers claim maize grain is taken to Kenya for processing into fine flour which is exported back for sale in Uganda Uganda Manufacturers Association (UMA) has appealed to Uganda Revenue Authority (URA) to regulate foreign traders who are currently buying produce directly from farmers. On Thursday, UMA had an engagement
Read More
Kampala businessman Patrick Bitature (pictured) has again lost a suit in which he had wanted court to reduce the UGX 194million awarded to Vantage Mezzanine Fund II Partnership, a South African based venture capital. High Court judge Steven Mubiru ruled in favour of Vantage when he held that the UGX194m
Read More
On March 12, 2025, at around 7:37 PM, Parliament approved the Third Supplementary Schedule, allocating UGX 4.255 trillion. This brings the total supplementary budget for the 2024/25 fiscal year to UGX 6.548 trillion, raising concerns about the government’s fiscal discipline and financial planning. Finance Minister Henry Musasizi informed Parliament that
Read More
Group photo of women awarded at the Abakyala ku Ntiiko event Following the resounding success of its inaugural edition in 2024, Equity Bank has launched the second edition of Abakyala Ku Ntiiko, a flagship initiative dedicated to empowering women in micro and small-scale business. The event held in Kampala under
Read More
Jane Nalunga (Left), Executive Director of SEATINI, interacts with a colleague Civil Society Group, Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) has called on African nations to drop the colonial mentality of relying on European, American and Asian markets and start trading at continental level. The call
Read More
Ambassador Francis Butagira talks to URSB Registrar General during the engagement Uganda Registration Services Board (URSB) Board of Directors Chairman, Rt. Hon. Ambassador Francis Butagira has praised Uganda's streamlined business registration processes adding that these initiatives have enhanced formalisation and easy set up of entities by entrepreneurs. Ambassador Butagira said
Read More
Her Royal Highness the Nnaabagereka Sylvia Nagginda (C) is joined by I&M Bank Chief Business Officer Gibson Nangono (R), Head of Marketing Annette Nakiyaga (L), Butabika Hospital ED Dr. Juliet Nakku (2R), and Owek. Chotilda Nakate Kikomeko, Buganda Kingdom's Minister of Education (2L), for a photo moment during the launch
Read More
Uganda Airlines staff at the IFTAR dinner on Thursday evening. The management of Uganda Airlines on Thursday hosted the Muslim community to an Iftar dinner. This was at the Sheraton in Kampala. The holy month of Ramadan is a time of reflection, devotion, and compassion. It is a time when
Read More
