A recent Memorandum of Understanding (MoU) signed between EACOP Limited and the Government of Tanzania is set to bolster the oil and gas sector in Uganda. The agreement, facilitated through the Ministry of Home Affairs, outlines project security commitments in…
In a move aimed at boosting economic development in South Sudan, the African Development Fund (ADF) has approved a grant of USD 153.66 million (over Shs562 billion) for the Uganda-South Sudan power interconnection project. The project, which is part of…
British American Tobacco Uganda Limited (BATU) has announced significant changes to its Board of Directors, effective 1 March 2025. The changes include the appointment of a new Managing Director, the addition of a Non-Executive Director, and the resignation of an…
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 in Kampala, the PAU shared valuable insights on…
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 how entrepreneurs can maximize sales, profits, and customer…
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 (2025-2030). In a stakeholders’ workshop held at Skyz…
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 a debate on the pros and cons of…
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 Minister for ICT, who was flanked by…
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 waivers of over Shs9.5 billion for selected local…
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 commodities, Piston Medical is poised to revolutionize the…
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 proposed a cost-sharing initiative for FMD vaccination in…
The advent of electronic banking has revolutionized the way people conduct financial transactions. However, according to business analysts at the Publicisteastafrica.com this convenience has also introduced new risks, particularly in the form of electronic fraud. In Uganda, several banks are…
Airtel Uganda Limited has announced its financial results for the year ended 31st December 2024, showcasing a resilient performance driven by sustained growth in its customer base, data services, and strategic investments in network expansion. The company reported an 11.4%…
The Isimba Dam, a Shs2.2 trillion (USD 570 million) project commissioned by President Yoweri Kaguta Museveni in 2019, is on the verge of collapse due to severe damage. This dire situation has prompted Members of Parliament to call for the…
As the world grapples with the devastating effects of climate change, Uganda Breweries Limited (UBL) is taking proactive steps to mitigate its impact on local communities. Through its Water for Life Programme, UBL, through harnessing advanced technology, is championing water…