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Absa Bank Uganda has awarded five customers with a total of 50 million Ugandan shillings (approximately $13,500) in cash...
11/12/2024

Absa Bank Uganda has awarded five customers with a total of 50 million Ugandan shillings (approximately $13,500) in cash prizes.

Absa Bank Uganda has awarded five customers with a total of 50 million Ugandan shillings (approximately $13,500) in cash prizes as part of its ongoing card usage campaign.

The Uganda Communications Commission (UCC) has launched an ambitious Artificial Intelligence (AI) initiative.
11/12/2024

The Uganda Communications Commission (UCC) has launched an ambitious Artificial Intelligence (AI) initiative.

UCC has launched an AI initiative to boost national development. Nyombi Thembo highlights the need to embrace AI's benefits and invest in digital infrastructure and education.

Mr Ramathan Ggoobi has said that Uganda’s economy has fully recovered from the previous global, regional and domestic sh...
11/12/2024

Mr Ramathan Ggoobi has said that Uganda’s economy has fully recovered from the previous global, regional and domestic shocks.

Overview: The government, he said, has over the last ten years cumulatively invested over Shs 8.03 trillion in key wealth creation initiatives like Parish Development Model, Emyooga, Youth Livelihood, Small Business Recovery Fund and Agricultural Credit Facility. The Permanent Secretary in the Minis...

Ankole Coffee Producers Cooperative Union (ACPCU) has won an accolade for producing the best coffee at the 2024 GCEF Rob...
11/12/2024

Ankole Coffee Producers Cooperative Union (ACPCU) has won an accolade for producing the best coffee at the 2024 GCEF Robusta Competition in China.

The competition, organised by the Greater China Coffee Industry Elite Federation (GCEF), aims to promote high-quality Robusta and boost its market acceptance in China and beyond.

Uganda has been elected at the African Tax Administration Forum (ATAF) during the recently concluded General Assembly.
10/12/2024

Uganda has been elected at the African Tax Administration Forum (ATAF) during the recently concluded General Assembly.

As a member of ATAF, Uganda has been actively involved in promoting tax compliance, capacity building and knowledge sharing among African tax administrations. This win is therefore a testament to Uganda’s leadership and contributions to the tax administration community in Africa.

Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Uganda Chamber of Commerce and Industry.
09/12/2024

Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Uganda Chamber of Commerce and Industry.

Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Uganda Chamber of Commerce and Industry to strengthen business ties between Uganda and Dubai.

The Energy Ministry has launched a 183MW grid extension project aimed at increasing access to electricity in rural Ugand...
09/12/2024

The Energy Ministry has launched a 183MW grid extension project aimed at increasing access to electricity in rural Uganda.

The Energy Ministry has launched a 183MW grid extension project aimed at increasing access to electricity in rural Uganda.

Stanbic Bank - Uganda taps Absa Bank Uganda’s Mumba Kalifungwa as its new CEO.
09/12/2024

Stanbic Bank - Uganda taps Absa Bank Uganda’s Mumba Kalifungwa as its new CEO.

Mumba previously served as Chief Financial Officer for Absa Bank Botswana Limited since 2015. Prior to that, he was the Chief Financial Officer for our operations in Zambia.

Kush Air, a private South Sudan regional airline, has added another new route to its expanding East and Central regional...
09/12/2024

Kush Air, a private South Sudan regional airline, has added another new route to its expanding East and Central regional network.

UCAA Director Safety, Security and Economic Regulation, Eng. Ronny Barongo stated that Uganda will provide a conducive environment for Kush-Air to operate in Uganda having met all the technical requirements to operate in country.

Investors in real estate have raised concern over a delayed bill that aims to regulate and register land brokers.
09/12/2024

Investors in real estate have raised concern over a delayed bill that aims to regulate and register land brokers.

The three-day conference themed “Exploring Real Estate Partnerships” was opened by the lands minister, Judith Nabakooba, who promised the investors that the bill would soon be approved.

United Bank for Africa Uganda Limited has appointed Kisambira Kenneth as its new Managing Director and Chief Executive O...
06/12/2024

United Bank for Africa Uganda Limited has appointed Kisambira Kenneth as its new Managing Director and Chief Executive Officer.

United Bank for Africa Uganda Limited (UBA Uganda) has appointed Kisambira Kenneth as its new Managing Director and Chief Executive Officer.

Media owners in Uganda are demanding the establishment of an independent tribunal to resolve disputes with the Uganda Co...
06/12/2024

Media owners in Uganda are demanding the establishment of an independent tribunal to resolve disputes with the Uganda Communications Commission.

Media owners in Uganda are demanding the establishment of an independent tribunal to resolve disputes with the Uganda Communications Commission (UCC)

Uganda Airlines has taken a significant step towards expanding its fleet with the cabinet’s approval to acquire two frei...
06/12/2024

Uganda Airlines has taken a significant step towards expanding its fleet with the cabinet’s approval to acquire two freighters from Boeing.

Uganda Airlines expands fleet with Boeing freighters, boosting cargo operations and agricultural export sector.

Bank of Uganda has recovered Shs30b of the stolen money , says Deputy Governor.
05/12/2024

Bank of Uganda has recovered Shs30b of the stolen money , says Deputy Governor.

Dr Atingi-Ego said that the money in question was from two transactions, which were related to debt-service payments.

Entebbe International Airport, is set to undergo a major expansion that will double its passenger capacity to 6 million ...
05/12/2024

Entebbe International Airport, is set to undergo a major expansion that will double its passenger capacity to 6 million annually by 2033.

Entebbe International Airport to double passenger capacity to 6 million annually by 2033, enhancing Uganda's aviation infrastructure

Uganda Revenue Authority (URA) has rallied African tax administrations to bolster domestic revenue mobilization.
05/12/2024

Uganda Revenue Authority (URA) has rallied African tax administrations to bolster domestic revenue mobilization.

Mutebi also pointed out the uneven allocation of emergency financing, where Africa receives the short end of the stick from funders like the International Monetary Fund.

Hapag-Lloyd, one of the world’s leading shipping companies, has opened a new office in Kampala, Uganda.
05/12/2024

Hapag-Lloyd, one of the world’s leading shipping companies, has opened a new office in Kampala, Uganda.

Hapag-Lloyd opens new office in Kampala, Uganda, to tap into East Africa's growing trade market

Money lenders in Uganda are sounding the alarm over the government’s recent decision to cap lending rates.
05/12/2024

Money lenders in Uganda are sounding the alarm over the government’s recent decision to cap lending rates.

Uganda's money lenders sound alarm over government's lending rate policy, warning of economic consequences and credit crunch

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