In the lively city of Kampala - Uganda, people eagerly flock to car dealerships each month to fulfill their dream of owning a new car. The city streets burst with colorful vehicles of all kinds. However, many new car owners forget about the expenses of keeping their cars running smoothly.
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By Dr. Ian Clarke There is something seriously wrong with how we market Uganda. We live in a beautiful country which Winston Churchill dubbed ‘The Pearl of Africa’ but our image globally is poor. I wonder how Rwanda with its totally negative history can far outshine Uganda in terms of
Read MoreUganda Exports Record 743,517 Bags Of Coffee In August, Earns Shs455.4bn
Uganda earned a record Shs455.37bn in August 2023 Uganda exported 743,517 60-kilo bags of coffee in August 2023, the highest ever in the country’s history. This earned Uganda US$ 121.64 million (Shs455.37bn). According to Uganda Coffee Development Authority (UCDA) monthly report for August 2023, the exports comprised 689,261 bags of Robusta valued at US$
Read MoreWhy Islamic Banking Which Prohibits The Charging Of Interest Will Succeed In Uganda
BoU Deputy Governor, Michael Atingi-Ego (Left) and Permanent Secretary/Secretary to the Treasury, Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi at the launch of Islamic banking in Uganda The Bank of Uganda (BoU) Deputy Governor, Michael Atingi-Ego is confident that Islamic banking will succeed in Uganda. Speaking at the
Read MoreUnlocking The Power Of Asset Finance: A Catalyst For Business Growth In Uganda
Sandra Kaggwa, Manager, Asset Finance at dfcu Bank For both new and existing businesses, access to capital continues to pose a significant challenge. These enterprises often possess great potential for growth and innovation, but their progress is hindered by limited financial resources. The ability to borrow from credible Financial Institutions
Read MoreBusiness Activity Dips In August On World Bank Suspension Of Further Loans To Uganda- Stanbic Survey
The monthly Stanbic Purchasing Managers’ Index (PMI) dipped slightly during August to 51.6, down from 53.9 recorded in July as businesses took in the implications of the World Bank suspension of further loans to Uganda. However optimism remains high due to the steady trend of new orders. August saw a
Read MoreRoofing Revolution: The Long-Lasting Brilliance Of Stone Coated Steel From Uganda Baati
A house roofed with Uganda Baati’s shingle stone coated steel When it comes to roofing, homeowners and builders seek materials that offer a winning combination of durability, aesthetics, and longevity. Shingle stone coated steel roofing has emerged as an innovative solution that meets these criteria and more. In this article,
Read MoreBy Paul Amoru Uganda and South African governments have enjoyed a momentous, warm and friendly relations since the signing of a formal diplomatic relation in 1994. This bilateral relation has deepened not only social and political ties but also helped promote trade and investment between the two countries. Latest data
Read MoreNathan Igeme Nabeta, the Jinja East Municipality Member of Parliament has asked the Speaker of Parliament to apply the rules of the House allowing debate of the Capital Markets Authority Amendment Bill without a certificate of financial implications. The government, through the Ministry of Finance, Planning and Economic Development has
Read MoreKenyan Banks Seize Assets Of High-Profile Borrowers As Loan Defaults Skyrocket
Kenyan banks are aggressively going after high-profile clients, including giant corporations and prominent billionaires, amid a fresh wave of corporate defaults that are leaving lenders with a pile-up of bad loans. Ecobank is the latest to tap the services of auctioneers as it moves to sell properties belonging to Kenyan
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