Uganda Airlines Engineers inside one of the stores The aviation industry is one of the most regulated industries across the world. It is also an industry understood by a few people. This perhaps explains why many Ugandans including MPs questioned Uganda Airlines’ move to buy a new spare
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EXCLUSIVE: Uganda’s Largest, Smallest Banks By Assets Revealed As Total Industry Assets Hit Shs41.4 Trillion In 2021
A photo montage of CEOs heading the top 10 banks with largest assets Total industry assets for banks operating in Uganda increased to Shs41.39 trillion in 2021, up from Shs38.8 trillion recorded in 2020, Business Focus exclusively reports. Every year, this website carries out an in-depth analysis into the performance of
Read MoreUganda: New Jobs, Orders Rise In April Amid High Commodity Prices -Survey
Ronald Muyanja, the Head of Trading at Stanbic Bank Uganda The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output and new orders as demand strengthened, helping generate new jobs. Readings above 50.0 mean
Read More2021 Results Out: Banks Make Record-Breaking Shs1.1Trillion Net Profit As Most Profitable, Loss-Making Banks Named
A photo montage of some bank CEOs/MDs Commercial banks in Uganda once again beat the COVID-19 pandemic and its associated disruptions on businesses and the economy at large to post impressive results across all key performance parameters in 2021. Since inception five years ago, Business Focus has exclusively analyzed the
Read MoreIan Rumanyika (pictured) has been appointed as the new Head of External and Corporate Affairs at Uganda Baati Limited. Rumanyika joins Uganda Baati with over 12 years of experience in the communications industry. Rumanyika is an award-winning PR practitioner, ranked among the top PR and Marketing practitioners in Uganda, Top
Read MoreUganda’s Monthly Coffee Earnings Break US$80m Mark As Global Prices Continue To Increase
Coffee is a key foreign exchange earner for Uganda Uganda's monthly coffee export earnings have broken the US$80m mark, according to Uganda Coffee Development Authority (UCDA) monthly report for March 2022. Uganda’s coffee exports in March 2022 amounted to 478,023 60-kilo bags worth US$ 80.99 million (Shs285.9bn). This comprised 360,229 bags
Read MorePeer-to-Peer trading, also known as P2P, has always been the cornerstone of the cryptocurrency landscape. Much like the barter system that predated fiat currencies, P2P transactions allow traders to directly exchange crypto with one another without involving a third party or intermediary. P2P trading has grown in popularity and adoption
Read MoreQ&A: EFC MD Reveals How ‘Simbula’ Loans Will Help Entrepreneurs Recover From Covid-19
Shem Kakembo, the Managing Director at EFC Uganda Limited EFC Uganda Limited (MDI) - Uganda’s fastest-growing microfinance institution has rolled out a campaign dubbed “SIMBULA LOANS NE EFC.’’ The campaign is focused on enhancing the institution’s commitment of contributing to Uganda’s development and economic stability through key drivers like financial
Read MoreEC Starts Displaying Lists of Verified Administrative Units At City Division & Sub-County Headquarters Countrywide
Paul Bukenya, the EC Spokesperson The Electoral Commission has started public display of lists of Verified Administrative Units at City Division & Sub-County Headquarters Countrywide. In preparation for the conduct of the Women Councils and Committee Elections from the Village to National level in 2022, and the Administrative
Read MoreTour Company ARC Builds House For 85 Year-Old Vulnerable Man With A Young Family
George Galabuzi (Left) is joined by Charles Ssesanga (2nd Left) and ARC officials (in green) as he officially enters his newly built house George Galabuzi,85, never dreamt of sleeping in a decent house. A resident of Kyaliwajjala Zone A in Namugongo, Galabuzi has for a long time lived a miserable life in
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