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…
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 on the country’s agricultural sector. The worst-affected areas…
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…
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 Ugandan farmers to embrace. In this article, we…
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 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…
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…
Uganda’s oil and gas sector is ripe for investment, with several projects underway that promise significant returns. The Uganda National Oil Company (UNOC) has been actively courting investors, showcasing the country’s favorable business environment and highlighting the laws, regulations, and…
Uganda’s government is seeking a massive loan to finance the buyout of Umeme Limited, the country’s main electricity distributor, as its 20-year concession comes to an end on March 31, 2025. The government is negotiating with Stanbic Bank to secure…