Stakeholders in the banking sector say financial literacy and skills development should be prioritized in efforts to support Small and Medium Enterprises (SMEs) recover from covid-19 frustration, Speaking during the Signing of MOU btn Post Bank and Federation of small…
Umeme, has withheld payment of an interim dividend to its shareholders despite recording a 33% growth in profit after tax to Shs64bn for the six months period ending June.30. The company executives said the profits will be used to pay…
United Bank for Africa-Uganda through its UBA Foundation has launched the National Essay Competition to develop the intellectual and writing abilities of senior secondary school students countrywide. The competition is an education program introduced by the bank to equip students…
Dfcu Bank has once again partnered with Nation Media Group represented by Daily Monitor, KPMG, and Uganda Investment Authority to launch the 2022 Uganda Top 100 Mid-sized companies’ survey. The Uganda Top 100 mid-sized companies’ program has been running since…
Uganda Breweries Ltd was on Thursday crowned the gold winner of the 16th edition of the Employer of the Year 2021/22 at Serena Hotel, Kampala. “We are proud to announce that we were named Employer of the Year 2022 by…
The Federation of Small and Medium-Sized Enterprises-Uganda in conjunction with the Ministry of Trade, Industry and Cooperatives, CSBAG, SEATINI, Postbank, Bella Wine, Uganda Investment Authority and other partners has today kick-started the 3rd Edition of the MSME Week 2022 will…
State Minister for Planning Amos Lugoloobi has said Covid-19 related borrowing resulted into higher debt levels with the current debt ratio to gross domestic product (GDP) growing to at least 54%. Speaking at the launch of the National Development Plan…
The World Bank has put the per capita income of Uganda at 850 dollars for the financial year end 2022, with the economy growing at an estimated 3.7 percent. According to the Bank, this average income by a Ugandan is…
Uganda Breweries Recognized at the President’s Export Award Ceremony Uganda Breweries has been recognized by President Museveni and the Uganda Export Promotion Board as a leading company in export promotion and import substitution. This was at Imperial Royale Hotel, where President Museveni…
Shareholders in banking service companies will in a month’s time start receiving dividends for their investments, for the first time since 2019 following BOU approval. Stanbic Bank Uganda and Bank of Baroda will be the first to pay dividends to…
MTN Uganda has today donated computers and a WiFi router and a multi-purpose printer to the Nakawa Market vendors Association as it concludes its staff volunteerism campaign dubbed 21 Days of Y’ello Care. This follows a series of community outreach…
The Uganda Tourism Board (UTB) has announced that come January 1, 2023, all tourism players in the country will require to be registered, and licensed by the Board. The UTB Chief Executive Officer, Lilly Ajarova made the pronouncement while speaking…
“Despite the adverse impact of an exceptionally difficult trading environment in 2021, we are happy to have made a profit resulting in a dividend payout to our shareholders. BAT Uganda’s business fundamentals remain strong, and the Company’s commitment to Uganda…
Jumia Uganda has celebrated a decade of progress and serving Ugandans with the online platform launched in Uganda in 2012 when e-commerce in the country was virgin and today sells about six million products and delivers to every district in…
Leading beer makers Nile Breweries Limited (NBL) have Thursday pledged to maintain the current market prices for all their products, in the face of the surging inflation in the country. The company executives told reporters at their offices in Luzira…