Government through the Ministry of Finance has proposed to increase taxes on cigarettes and beers manufactured from local raw materials in order to generate Shs19.40Bn. Government argues that it has been under pressure from players in the health sector to have the tax on tobacco increased so as to reduce
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Christopher Legilisho, Economist at Stanbic Bank Strong demand conditions drove growth in input buying, as firms stocked up amid anticipation of more upturns in activity later in the year, slightly lifting the monthly Stanbic Purchasing Managers’ Index (PMI). The headline Stanbic PMI rose to 52.9 during March, up from 52.6
Read MoreA group photo of the students with officials from TotalEnergies EP Uganda led by Laurent Stephane, Tilenga Academy Recruitment and Training Manager One hundred (100) young Ugandans are commencing advanced studies in Oil & Gas operations and maintenance in France, Malaysia, and Oman in preparation for their future deployment on
Read MoreDr. Rosemary Byanyima, Executive Director of Mulago National Referral Hospital Mulago National Referral Hospital has warned of the staffing and logistical crisis it faces in treating patients of HIV/AIDs who were initially handled by donors, but the move to incorporate them into Mulago will further strain its staffing level that
Read MoreOil drilling is ongoing at Kingfisher and Tilenga projects The oil and gas sector over the weekend got a vote of confidence from Alpha MBM with the signing of an implementation agreement for a green refinery in the Albertine Graben. The Uganda Refinery project is estimated to cost around US$
Read More49th Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) Taskforce of Senior Officials meeting at Speke Resort Munyonyo President Yoweri Museveni has reaffirmed Uganda's commitment to continue supporting regional & global initiatives aimed at building a safer and more transparent financial system. Museveni's message delivered by the Prime Minister, Robina
Read MoreOfficials of Uganda Airlines and local communities engage in the clean up on March 29, 2025 in Kigungu. Uganda Airlines, in its continued commitment to sustainability and aviation safety, successfully conducted its first community clean-up at Kigungu in Entebbe over the weekend. The initiative was part of the airline's broader
Read MoreSchool children sharing a meal from a fellow pupil whose parent had packed him lunch. Many parents in Mpigi are yet to embrace the Ministry’s call to feed learners at school. A new report by ActionAid International Uganda has called on the government to adopt progressive tax reforms to increase
Read MoreL-R: Ivan Mandela, CEO of SHONA Capital with Simon Mwebaze, Managing Director of Cornerstone Asset Managers sign the $500,000 [UGX1.84 billion] investment partnership agreement. SHONA Capital, a Ugandan investment firm focused on supporting high-growth Small and Medium Enterprises (SMEs) in Uganda with the capital they need to flourish, has announced
Read MoreUganda Breweries Managing Director (in spects) with Rotary 9213 District Governor Anne Nkutu (3rd right) after the sponsorship announcement Uganda Breweries Limited (UBL), has announced a sponsorship package of One Hundred Million Uganda Shillings (UGX 100m) towards the 100th Rotary Uganda District 9213 Conference, slated to take place from 9th
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