The private sector has sustained its upward trajectory for the nineteenth consecutive month, as reported by the Stanbic Purchasing Managers’ Index (PMI). Despite a slight dip in activity recorded in…
In the realm of public relations, establishing robust and objective relationships with the media stands as a cornerstone for success, regardless of the organisation’s size. This was echoed by industry…
The Standard Bank Group has announced the appointment of Anne Juuko, the Chief Executive of Stanbic Bank Uganda, to a new leadership role as Global Markets Regional Head-East Africa, effective…
Rise and Shine Secondary School Ntinda, Kampala celebrated a noteworthy victory as their team, Imperial Tech, clinched the top spot in the Sahara STEAMers Regional Competition. Organised by the Sahara…
To understand the legal framework surrounding mergers, acquisitions, or joint ventures, it is essential to familiarize yourself with the Competition Act of 2023 to avoid potential legal issues. The Competition…
On Tuesday, February 27, 2024, the Parliament of Uganda withdrew 36 out of 39 Bills intended to effect the rationalization and merger of agencies. This decision came after opposition from…
The value of the Uganda shilling relative to the U.S. dollar continues to decline. In the Thursday trading session, the shilling again closed at a low point, with rates of…
Investors’ confidence increased following Uganda’s removal from the grey list of the Financial Action Task Force (FATF), a global body responsible for combatting financial crimes and terrorism financing. Finance Minister…
In the financial year 2022/2023, Uganda’s economy grew to UShs184.89 trillion (US$ 49.5 billion), a notable increase from the previous year’s figure of Shs162,750 billion (US$ 45.6 billion) recorded in the financial year 2021/22. This growth represents a real-term expansion of 5.2 percent, surpassing the 4.6 percent growth recorded in the preceding financial year.
Every time the Uganda shilling approaches a round figure exchange rate threshold against the United States dollar, tongues begin wagging. Currently, the shilling is flirting with the UGX4000 mark and…