In a bold step towards transforming informal trade into structured economic activity, Kampala Capital City Authority (KCCA) has embarked on a campaign to formalise urban markets as a way to …
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Kampala Capital City Authority (KCCA) has intensified its efforts to reduce youth unemployment and underemployment through targeted skilling programs delivered at the Kabalagala Youth Centre and the Employment Services Bureau …
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Uganda’s insurance sector continues to demonstrate resilience and dynamism, registering a notable year-on-year growth. According to the Insurance Regulatory Authority (IRA), the industry’s total gross written premiums rose from sh1.60 …
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Hotel owners under their umbrella body, the Hotel Owners Association (HOA), have urged the government to harmonize and streamline the various taxes imposed on the hospitality industry. They argue that …
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Industry & TradeLatest NewsNewsOil & Gas
Why Oil and Gas stakeholders have embraced sustainable practices
Uganda’s oil and gas sector is undergoing a significant transformation, with stakeholders adopting sustainable practices aimed at protecting biodiversity. This comes as the country attracts over $15 billion in foreign …
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Industry & TradeLatest NewsNews
International Companies Urged to Invest in Uganda’s Construction Industry
The Permanent Secretary in the Ministry of Lands, Housing, and Urban Development, Dorcas W. Okalany, has called upon international building and construction companies to establish operations in Uganda. She said …
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Industry & TradeLatest NewsNewsRegional News
EAC Records $0.8 Billion Trade Surplus in Q1 2025 as Intra-African Trade and Exports Surge
The East African Community (EAC) registered a significant economic shift in the first quarter of 2025, posting a trade surplus of USD 0.8 billion. This marks a dramatic turnaround from …
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Industry & TradeLatest NewsNews
How Uganda’s Industrial Parks are Powering Economic Growth and Regional Transformation
Uganda is steadily carving its path toward industrialization, and at the heart of this transformation are the industrial and business parks spearheaded by the Uganda Investment Authority (UIA). These parks …
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Industry & TradeLatest NewsNewsRegional News
EAC Sees Surge in Money Supply and Credit Growth Amid Strong Trade Recovery
The East African Community (EAC) is experiencing a wave of financial expansion, with broad money supply increasing by 10.1% in the first quarter of 2025 a sign of rising liquidity …
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Industry & TradeLatest NewsNewsRegional NewsTechnology
EAC Launches Single Customs Bond to Unlock $2 Billion in Business Capital Across Region
In a landmark move poised to transform regional trade and free up billions in locked business capital, the East African Community (EAC) launched the EACBond, a unified customs guarantee instrument …