On May 12, 2024 internet services in East Africa experienced significant degradation, affecting over 80 million users. Countries including Uganda, Kenya, Tanzania, Rwanda, and South Sudan reported slow or intermittent…
15th May 2024 Delivering a resilient performance with strong underlying momentum, despite a volatile macro-economic environment Operating highlights Financial performance Capital allocation 1 Sustainability strategy Olusegun Ogunsanya, Chief executive officer,…
Uganda has been named and awarded the best investment destination in Africa for attracting some of the most significant Foreign Direct Investment (FDI) projects on the continent in 2023. The…
Dubai, UAE, 9 May, 2024 Emirates and the Uganda Tourism Board have signed a Memorandum of Understanding (MoU) during the Arabian Travel Market to drive inbound tourism and boost visitors…
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…
Wednesday, May 8, 2024 President Yoweri Kaguta Museveni has disagreed with traders who say that there are many taxes in the country being imposed on them. “The first claim is…
By Enoth Mbeine, Business Mentor & Coach Last weekend’s leavers’ end of year party commonly dubbed as “Prom” at Elite High School on Entebbe Road has left many tongues wagging!…
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…