Business Times writer

In the financial year 2024/2025, companies manufacturing electric vehicles, electric batteries, electric vehicle charging equipment, or engaged in the fabrication of electric vehicle frames and bodies, and employing at least …

After four months since EFC Uganda Limited shut down, 24% of depositors whose deposits are under the Shs 10 million insurance limit have not been paid. The Bank of Uganda, …

Uganda’s annual inflation as measured by the Consumer Price Index for the 12 months to April 2024 increased at a slower rate of 3.2 percent compared to 3.3 percent registered …

China’s fluctuating economic growth poses a multifaceted impact on the growth trajectory of countries in Africa, given the significant economic ties between China and the continent. Over the last two …

It has become increasingly common in Uganda to witness the circulation of individuals’ personal information online or the unwarranted disclosure of private details by others. Such occurrences have led to …

Parliament, on Tuesday approved a government request to borrow up to Euro 110.5 million (about Shs 450 billion) from Standard Chartered Bank to finance the Kitgum-Kidepo Road upgrading project. The …

With immediate effect, mobile money agents throughout the country will begin requesting a valid national identity card from customers before processing transactions exceeding Shs1m on the platform, as per a …

The quarterly Gross Domestic Product (GDP) released by the Uganda Bureau of Statistics (UBOS) for the first quarter of the financial year 2023/24 indicates that Uganda’s economy grew by 5.3% …

Savings and Credit Cooperative Organizations (SACCOs) have been instrumental in positively influencing the lives of a vast number of Ugandans. Notably, SACCOs have significantly mitigated the financial exclusion experienced by …