Tax exemptions are a common fiscal tool used by governments worldwide to stimulate economic activity, attract investment, and boost key sectors especially those that drive the economy. In Uganda, this…
Uganda grapples with high levels of unemployment and slow economic growth. This was exacerbated by the outbreak of the COVID-19 pandemic which caused massive job layoffs across all sectors and…
Ugandans hoping to live under their own roof and end renting have a new opportunity to do so with 100% financing from Stanbic Bank, courtesy of a new lending campaign…
Stanbic Bank Uganda has won the award for Best Client Service Bank 2024 during a high-profile gala event recently hosted by the Uganda Revenue Authority (URA) in Kampala. The country’s…
Uganda Breweries Limited on May 16, 2024, announced a partnership with the Uganda Tourism Board (UTB). Through this partnership, a UGX100 million sponsorship has been committed towards the 8th edition…
Kampala, Uganda – May 23rd, 2024 – The CEO Summit Uganda, a multidisciplinary think-tank that is an East African leader in Organizational Leadership & Practice, and a confidant to the…
Uganda and Kenya have signed a tripartite agreement on the importation and transit of petroleum products through the two countries. The deal was signed on Thursday, May 16, 2024, during…
Parliament on Thursday approved an unprecedented budget of 72.1 trillion shillings for the 2024/25 financial year, marking a significant 32% increase from the 54 trillion shillings initially proposed in the…
London, May 17, 2024 — Moody’s Ratings (Moody’s) has today downgraded the Government of Uganda’s long-term foreign-currency and local-currency issuer ratings to B3 from B2 and changed the outlook to…
Maureen Karamagi, through her Young Engineers initiative, is catalysing Uganda’s next generation of scientists, technologists and innovators by instilling hands-on Science, Technology, Engineering and Mathematics (STEM) skills in children aged…