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…
The Uganda Electricity Generation Company Ltd (UEGCL) has sounded the alarm on the potential risks associated with the Isimba Hydro Power Dam, warning that it could collapse at any moment, posing a significant threat to the lives of people living…
The Uganda National Oil Company (UNOC) , led by Proscovia Nabbanja as Chief Executive Officer (CEO), has launched a Menstrual Hygiene Management Program in schools in the Albertine Graben, donating reusable sanitary pads, sewing machines, and other essential materials to…
The Ministry of Works and Transport has taken a significant step towards boosting trade and tourism in the Rwenzori region by signing a Memorandum of Understanding (MoU) with China State Engineering Construction Company (CSEC) to upgrade Kasese Airstrip into an…
Uganda is poised to harness its energy resources to drive economic growth and development. The upcoming Energy Convention, scheduled to take place from April 29th to 30th, 2025, at the Kampala Serena Hotel, will bring together stakeholders to discuss the…
In the ever-evolving world of fintech, few names shine brighter than Strive Masiyiwa, the Zimbabwean telecom mogul who has reshaped Africa’s digital financial landscape. But now, Uganda has its leader making waves in the industry: Richard Yego, the visionary Managing…
Uganda Development Bank (UDB), which is headed by Patricia Ojangole as Managing Director, has introduced the UDB SME Kazi Loan, a tailored financial solution designed to empower small and medium enterprises (SMEs) in Uganda. This loan offers funding of up…
The equipment was delivered today to Mpugwe Health Centre III by a team from Stanbic Bank led by the Chief Executive Officer, Mumba Kenneth Kalifungwa, who hailed the medical personnel at the health facility for the great work they are…
The Bank of Uganda (BoU) has taken a significant step in the fight against financial fraud with the appointment of Dr. Tumubweinee Twinemanzi as Chairman of the Financial Sector Anti-Fraud Consortium. Dr. Twinemanzi is the Executive Director, National Payment Systems…
Being an entrepreneur in Uganda or anywhere else in the world is both rewarding and challenging. While there’s no secret to success, certain characteristics can increase your chances of building a long-lasting and lucrative business. According to experts at Stanbic…
Uganda’s discovery and development of oil resources in the Albertine Graben present a rare opportunity for economic transformation. The oil and gas sector has the potential to drive growth, invest in infrastructure, healthcare, education, and other vital sectors. However, this…
In a bid to revamp the country’s power grid, the government of Uganda is set to invest US$ 100m about Shs370Bn in the Uganda Electricity Distribution Company Limited (UEDCL), which took over from Umeme at the beginning of this month.…