Business
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Persistent trade tensions within the EAC continues to cripple dairy industry
Trade tensions within the East African Community continue to cripple the dairy industry amidst noticeable local growth in milk production,…
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NAPE cautions against kidnap of oil host community members
The Executive Director for National Association of Professional Environmentalists (NAPE), Frank Muramuzi has expressed dismay over the kidnap of human…
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URA says Uganda has been losing Shs.4 trillion annually due to lack of EFRIS
John Musinguzi, the Commissioner General of the Uganda Revenue Authority (URA), has defended the enforcement of the Electronic Fiscal Receipting and Invoicing System…
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Higher business activity in May boost optimism in Uganda’s private sector
Back-to-back expansions in both business activity and new orders resulted in Ugandan firms seeing a further improvement in performance during…
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dfcu Bank initiates comprehensive customer engagement program
On the official commemoration of its 60th year of existence and operation in Uganda, dfcu Bank’s Chief Executive Officer, Charles…
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UNOC records unexpected Shs37 billion profit
The Uganda National Oil Company (UNOC) has generated a profit of Shs37.6 billion surpassing their projected revenue of Shs6.989 billion.…
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dfcu Limited marks 60-year legacy of transforming Lives and businesses in Uganda
dfcu Limited is celebrating 60 years of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses…
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Parliament passes Shs72.136 trillion budget for FY 2024/2025
Parliament has passed the national budget for the Financial Year 2024/2025, approving a total expenditure of Shs72.136 trillion following the…
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Borrowing becomes routine in Uganda
In Uganda, borrowing has increasingly become a routine financial practice for individuals, businesses, and the government alike. This trend reflects…
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President Museveni, Chinese investors discuss hydropower projects
President Yoweri Kaguta Museveni has held a meeting with a delegation of Chinese investors, led by Mr. Yang Yi Xin,…