In a significant move to combat money laundering and streamline the flow of foreign currency in Uganda, the Bank of Uganda (BoU), under the leadership of Governor Michael Atingi-Ego, has announced the rollout of a new remittance form for commercial…
Mountains of the Moon University (MMU) has reached a historic academic milestone with the official accreditation of its first Doctor of Philosophy (PhD) programme in Agro-Ecological Sciences. The development was confirmed following the 79th meeting of the National Council for…
In a move set to reshape Uganda’s life insurance landscape, Kenneth Kitariko has been appointed new Chairman of the Board of Directors at Old Mutual Life Assurance Uganda Limited. This appointment marks a pivotal moment in the company’s history, as…
Evelyn Anite, the State Minister of Finance for Investment and Privatisation, has revealed that Uganda’s economy is experiencing a remarkable transformation, growing at an impressive rate of 7% and positioning the country as a top investment destination in Africa. According…
This strategic appointment aims to drive development across the Southern African region, leveraging Dr. Mbekeani’s extensive experience in development finance, trade, regional integration, and infrastructure development. Dr. Mbekeani’s Expertise and Experience As a Malawian national with over 25 years of…
The sudden and tragic death of Rajiv Ruparelia, son and heir to tycoon Sudhir Ruparelia, has sent shockwaves through Uganda’s business community. Rajiv perished in the wee hours of Saturday morning in a tragic car crash that saw his car,…
Africa’s economy is experiencing rapid growth, driven in part by the thriving stock exchanges across the continent. This is attributed to the Chief Executives and Managing Directors who are guiding these exchanges by playing a crucial role in shaping Africa’s…
The African Development Bank Group has appointed Ugandan national, Dr. Alex Mubiru, as Director General for East Africa, a strategic move aimed at achieving market expansion in the region. With over 25 years of experience in international development, Dr. Mubiru…
The inclusion of women in Uganda’s oil and gas sector is not just a matter of social justice; it’s also a strategic advantage that can drive economic growth. This was the message delivered by Angella Ambaho, Senior Public Relations Officer…
The 10th Energy Convention, themed “Integrating Oil, Gas, and Renewable Energy for a Sustainable Future,” has highlighted several investment opportunities in Uganda’s oil and gas sector. The convention, now in its second day at Serena Hotel Kampala, has brought together…
The Uganda National Oil Company (UNOC) is playing a pivotal role in transforming Uganda’s energy landscape, driving economic growth, and improving the lives of Ugandans. According to Proscovia Nabbanja, UNOC’s Chief Executive Officer (CEO), the company has made significant strides…
The Uganda Civil Aviation Authority (UCAA) has reaffirmed its commitment to ensuring a safe, secure, and efficient air transport environment in Uganda and across Africa. According to Fred K. Bamwesigye, the Director General of UCAA, the authority is working closely…
The global cocoa market is experiencing a significant surge, and Uganda’s cocoa farmers are reaping big from the trend. With local prices reaching Shs25,000 per kilogram, growers are enjoying strong returns on their investments. In 2023, export prices ranged from…
Dr. Barirega Akankwasah, the Executive Director of NEMA, made the call during an engagement with leaders from five cultural institutions in Uganda. The engagement aimed to create a partnership between NEMA and cultural institutions to promote environmental protection and conservation.…
The Uganda Revenue Authority (URA) has banned groupage cargo clearance, citing loss of tax revenue due to fraudulent practices by container leaders. The ban was issued Sunday by the URA Commissioner General, John Musinguzi Rujoki, who said that these unscrupulous…