Uganda has reached a remarkable milestone in healthcare with the introduction of Mesenchymal Stem Cell Therapy (MSCT). Prof. Elly Karuhanga, a renowned lawyer and founding partner at Kampala Associated Advocates, became the first Ugandan to undergo this groundbreaking treatment at…
The Chairman, United Bank of Africa Group, Tony O. Elumelu, has revealed that of all continents, Africa has the highest Return On Investment (ROI). Elumelu, who was speaking at the World Government Summit in Dubai, noted that Africa is the…
The Uganda National Oil Company (UNOC) is actively courting investors to partner in the exploration and development of the Kasuruban oil and gas block. Philips Obita, UNOC’s General Manager-Upstream, made the call at the Sub Saharan Africa International Petroleum Exhibition…
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Uganda’s agricultural sector is poised for a significant turnaround, thanks to the government’s focus on leveraging Agriculture Technology (Agritech). This was revealed by Matia Kasaija, the Minister of Finance, Planning and Economic Development, who was speaking at the Uganda-EU Business…
In a move aimed at protecting intellectual property rights, the Uganda Communications Commission (UCC) has banned the broadcast of pirated movies, soaps, and dramas on local TV stations. This decision is expected to have far-reaching consequences for the television industry…
A recent Bloomberg report dated February 10th has revealed that the European Union is set to review its multibillion euro foreign aid program, aiming to align the allocation of funds more closely with its evolving strategic and geopolitical interests. This…
In a significant move to address a major financial scandal, the Ministry of Finance, Planning, and Economic Development has appointed Godfrey Ssemugooma as the Acting Accountant General. This decision follows the interdiction of nine senior officials implicated in a Shs 60 billion (USD…
The Permanent Secretary of the Ministry for Information Communication and Technology and National Guidance, Dr. Aminah Zawedde, has urged the new Airtel Uganda Managing Director Soumendra Sahu, to leverage ICT networks to create more jobs in the country. Dr. Zawedde…
In a significant milestone, Safaricom, Kenya’s leading telecommunications provider, has been awarded the title of Most Inclusive Brand by Kantar, a renowned research firm. This prestigious recognition underscores Safaricom’s dedication to embedding diversity, equity, and inclusion (DE&I) throughout its operations.…
Reeta Roy, the President and CEO of the Mastercard Foundation, has announced her decision to transition from her role after nearly 18 years of transformative leadership. Roy, who joined the Foundation in 2008, will continue to lead the organization through…
The rapid advancement of technology is transforming the business landscape, making production, sales, and revenue tracking more efficient than ever. Emmy Hashakimana, Commercial Director at Uganda Breweries Limited (UBL), highlighted the impact of technology on trade in East Africa, using…
A landmark investment opportunity is on the horizon for Uganda, as President Yoweri Kaguta Museveni recently met with a delegation of investors from Austria’s EcoNetix, a clean energy company. The discussion centered around a potential USD500 million (about Shs 1,839,755,000,000)…
The Government of Uganda, in partnership with Centenary Bank and the Private Sector Foundation Uganda (PSFU), has launched a groundbreaking initiative to empower women entrepreneurs through the GROW project. This project has already enabled over 2,073 women to access funds…
In a landmark ruling, the Tax Appeals Tribunal has ordered CFAO Motors, formerly Toyota Uganda, to pay Shs2.08 billion to the Uganda Revenue Authority (URA) in a Value Added Tax (VAT) dispute. The tribunal’s decision clarifies the application of Value-Added…