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 …
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By George Arodi As a young graduate, when I was being introduced into the circles of trade and tax, my CEO then, Kaushik Shah made me attend some of the key meetings at the Kenya Association …
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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 …
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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 …
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Industry & TradeLatest NewsTourism
Kitgum – Kidepo Road, Kidepo Airport to boost trade, tourism in Karamoja
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 …
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The 110 top-performing scholars are from the Districts where the Bank has a branch presence. The Commissioning of the third Equity Leaders Program (ELP) cohort, a mentorship and leadership development …
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Banking & SavingsFinanceFintechLatest NewsNews
Why you need National ID to transact Sh1m on mobile money
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 …
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Founded in 1964, Uganda Baati has been at the forefront in the steel manufacturing industry, introducing numerous advancements and achieving many firsts in Uganda and the region. It was the …
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On Monday, April 15, 2024, Kampala’s business community, represented by various umbrella bodies and led by Thaddeus Matovu, chairperson of the Kampala City Traders Association, began a nationwide business closure …
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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% …