Umeme, Stanbic dominate trading at USE
In May 2023, UMEME Limited counter dominated monthly activity, accounting for 67.91% of the total Uganda Securities Exchange (USE) turnover followed by Stanbic Bank Uganda (SBU) with 21.56%. In third…
In May 2023, UMEME Limited counter dominated monthly activity, accounting for 67.91% of the total Uganda Securities Exchange (USE) turnover followed by Stanbic Bank Uganda (SBU) with 21.56%. In third…
The Speaker of Parliament, Anita Annet Among, during a Parliamentary sitting on June 29, 2023, informed lawmakers that President Museveni had assented to six Bills that had been passed by…
Parliament has imposed a tax on companies reporting losses for more than seven years with 50 per cent of the losses carried forward now being subject to tax in new…
The Uganda – South Sudan Trade dispute has for the past two months escalated rapidly after the latter refused Uganda’s request to release the cargo trucks impounded on the pretext…
Despite a slight drop in the monthly Stanbic Purchasing Managers’ Index (PMI) from 57.4 in May to 56.4 in June, Uganda’s private sector remains optimistic as improving customer demand continues…
The Managing Director Uganda Development Bank Limited (UDBL) Patricia Ojangole, has been named Sustainability Leader of the Year 2023 during the Karlsruhe Sustainable Awards ceremony; for the third me in…
There have been public outcries over the alleged unfair taxation in Uganda that has led to closure of some businesses. However, the jigsaw puzzle of who actually pays is still…
The presidents of Uganda and South Sudan have intervened in a maize row that had threated to ruin relations between the two countries. In June 2023, 65 Ugandan trucks transporting…
Uganda is positioning itself to be a competitive and reliable origin of vanilla, second to Madagascar, which is the leading producer in the world. Vanilla production from two annual harvests…
Parliament on Thursday passed the Income Amendment Bill and the Foreign Exchange Amendment Bill to pave way for the implementation and operationalization of Islamic banking financial products by commercial banks,…