Uganda is one of the countries that are most vulnerable to climate change in Africa. Rising temperatures, changing rainfall patterns, and increased frequency of extreme weather events are all taking a toll…
The Petroleum Authority of Uganda (PAU) has reaffirmed its commitment to improving the livelihoods of project-affected Ugandans through agriculture. During a quarterly engagement meeting with Non-Governmental Organizations (NGOs) and private sector players…
Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain In a landmark announcement at the Guyana Energy Conference and Supply Chain Expo, Prof. Benedict Oramah, President and Chairman of the…
With the Easter holiday season just around the corner, businesses in Uganda are gearing up to capitalize on the increased consumer spending. Financial experts at Stanbic Bank have shared valuable insights on…
The new Sunflower Processing Unit in the eastern district of Uvinza will give a business boost to 21,000 people A new sunflower processing unit in Tanzania’s eastern Uvinza district is transforming the…
The Uganda Electricity Generation Company Limited (UEGCL) has reaffirmed its commitment to supporting the country’s development agenda, as outlined in the National Development Plan (NDP) III (2020/21-2024/25) and the upcoming NDP IV…
Uganda’s economy is poised for a significant boost, thanks to the vast potential of castor oil production. With its high market demand, profitability, and versatility, castor oil is an attractive crop for…
According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy The African Development Bank Group has taken…
The recent rejection by the Ugandan parliament of a request to exempt businessman Donati Kananura from paying taxes worth Shs2,696,768,814 on grounds that he is battling diabetes and prostate enlargement has sparked…
Following Saudi Arabia’s latest energy efficiency cooperation agreement with Egypt, the African Energy Week: Invest in African Energies 2025 conference will provide a vital platform to accelerate partnerships and secure new deals…
The launch of the Uganda Business Process Outsourcing (BPO) campaign is poised to revolutionize the business environment in Uganda. While launching the campaign at Mestil Hotel in Kampala on Thursday, Chris Baryomunsi,…
The exemptions, granted under Section 40(1) of the Tax Procedures Code Act, 2014 were based on financial hardships and the strategic importance of the entities to economic development Parliament has approved tax…
The commissioning of Piston Medical, a state-of-the-art pharmaceutical factory located in Namanve Industrial Park, marks a significant milestone for Uganda’s healthcare and industrial sectors. With the capacity to produce 16 life-saving medical…
As a key G20 member, Brazil is deepening its energy cooperation with African nations through strategic investments, partnerships and knowledge exchange, with this year’s African Energy Week: Invest in African Energies conference…
Uganda’s livestock industry has been plagued by the recurring outbreaks of Foot and Mouth Disease (FMD), resulting in significant economic losses for farmers and the government. To combat this, the government has…