Typically, when a Ugandan woman applies for a loan to start or sustain a small business, chances are the door will be figuratively slammed in her face with the word …
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Banking & SavingsFinanceLatest NewsNews
Dfcu Limited Announces 6.8 Billion Shilling Dividend Payout to Shareholders
Dfcu Bank has announced a significant dividend payout, totaling 6.8 billion shillings to its shareholders for the financial year ended December 31, 2023. This announcement was made during the bank’s …
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This time next year, Umeme, one of Uganda’s most well-known utility brands, will have different owners, perhaps even a new name. Following the decision not to extend a 20-year concession, …
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Industry & TradeLatest NewsManufacturing
Uganda Baati Expands Its Presence with 14th Showroom in Luwero
Uganda Baati Limited, a member of Safal Group and Uganda’s leading manufacturer and supplier of quality steel building solutions, has opened its newest showroom in Luwero District. Located on Plot …
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EnergyGlobal NewsLatest NewsNewsOil & GasRegional News
How Kenya’s $40M Bond Fee Hike At Vitol Terminal Hampers Uganda’s Competitive Fuel Prices Effort
Uganda’s efforts to ensure competitive fuel prices at the pump are far from yielding results as Kenya increases the Vitol terminal bond fee to USD 40 million. Last year, Ugandan …
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AgricultureGlobal NewsIndustry & TradeLatest NewsRegional News
UAE Deal Can Trigger Faster Scale-up of Uganda’s Fruit Supply-chain
It was not just out of expediency that Sheikh Mohammed Bin Maktoum Bin Jumah Al Maktoum of the United Arab Emirates (UAE) royal family generously offered seven cargo planes to …
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Artificial Intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. In simple terms, it is the science of making machines that can think like humans. …
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FintechLatest NewsNewsTelecoms
Global digital divide crisis: The fate of 2.6 billion people unconnected to Internet
Over the past five years, the global population of Internet users has expanded significantly, with over one billion new users coming online. The COVID-19 pandemic notably accelerated this trend, resulting …
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FeaturesLatest NewsNewsTaxation
President Museveni creates a new unit to oversee URA operations and fight corruption within the Tax Administration System.
His Excellency Yoweri Kaguta Museveni, the President of the Republic of Uganda, has created the State House Revenue Intelligence and Strategic Operations Unit. The primary mission of this unit will …
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Uganda has taken a significant step in securing its energy independence with the arrival of its first oil consignment imported directly by the Uganda National Oil Company (UNOC) from the …