In a remarkable turn of events, banks and other closely monitored financial institutions have witnessed a staggering surge in compensations tied to customer grievances, a clear indicator of elevated risks…
Uganda Airlines made an inaugural direct flight to Lagos, Nigeria on Thursday, October 19, 2023. The Airline will deploy a 250-seater Airbus A330neo to operate the new route. The launch…
In a watershed moment for African nations, the struggle to adapt to the fast-paced digitalisation of economies has surged to the forefront of global concerns. As the digital age reshapes…
Customers who choose to pay off their bank loans ahead of schedule, or prior to the agreed-upon repayment period, will not be subjected to any penalties or adverse repercussions, the…
Uganda hosted the 29th Uganda International Trade Fair at the Uganda Manufacturers Association (UMA) Show Grounds, Lugogo, Kampala from 3rd to 10th October, 2023. Organized under the theme, “Driving Manufacturing…
On October 9, 2023, Uganda marked 61 years of independence from the British rule. The independence day celebrations were held in Kitgum district in northern Uganda. However, as the country…
The United Arab Emirates (UAE) investors are poised to significantly increase their investments in Uganda’s diverse economic sectors, spanning ICT, tourism, agriculture, healthcare and industrial development among others. The investors…
The annual Plenary meeting of the OECD’s Forum on Tax Administration (FTA) convened in Singapore from October 11 to October 13, 2023, drawing together tax commissioners, delegates, and experts from…
In a significant step towards achieving national energy access, the government has secured a $638 million World Bank funding to finance an electricity project that will connect over 1.3 million…
The Government has released 9.195 trillion shillings for expenditures for the second quarter of the financial year 2023/24. While releasing the government quarter two expenditures for the 2023/24 financial year…