The recent groundbreaking ceremony for The Bridge Kololo, the second high-end project by VAAL Real Estate Uganda, is not merely a construction milestone; it represents a powerful force accelerating Uganda’s socio-economic transformation through foreign direct investment and job creation in…
MTN Uganda has been publicly recognised as the country’s Top Taxpayer for the last three consecutive years, underscoring its pivotal role in funding Uganda’s ambitious national development agenda. The prestigious recognition was awarded by the Uganda Revenue Authority (URA) at…
The Ministry of Finance, Planning and Economic Development has released a comprehensive economic outlook that provides a clear and compelling narrative for Uganda’s future. The data points to a steady and robust upward trajectory, affirming that the nation’s ambitious goal…
In a nation where agriculture is the backbone of the economy and a significant percentage of the population relies on it for survival, the story of Celestine Suubi and Suubi Agro Company Limited is a powerful testament to how strategic…
Uganda’s industrial sector has undergone significant transformation over the years, and the impact is being felt across the country. According to Hon. Evelyn Anite, the State Minister of Finance for Investment and Privatisation, the sector has been instrumental in improving…
PostBank Uganda’s attainment of Tier One status is a significant milestone that reflects the bank’s strong performance and commitment to serving its customers. This achievement not only demonstrates the bank’s financial stability but also enhances its competitiveness in the market.…
In a significant move that will give the company great competitive advantage, Uganda Breweries Limited (UBL) today signed a 5-year MoU with the Ministry of Foreign Affairs (MoFA), to supply Ugandan Missions abroad with Uganda’s iconic gin, Uganda Waragi and…
Uganda has been named among the fastest-growing economies in Africa by the African Development Bank Group (AfDB). According to the latest statistics from AfDB, with a growth rate of 7.2%, Uganda is ranked third on the continent, driven by the…
Uganda’s State Minister of Finance for Investment and Privatisation, Hon. Evelyn Anite, has emphasised that manufacturing is the quickest vehicle for the country’s economic transformation. During a tour of industries in Jinja City on Wednesday, Minister Anite highlighted the importance…
Uganda has been voted the Best Investment Destination in East Africa for the third consecutive time at the Annual Investment Meeting (AIM) Congress. This achievement is a testament to the country’s growing attractiveness to investors and the favorable business environment…
In business, few individuals have impacted the Ugandan economy like city businessman Elvis Sekyanzi Wavamunno, son of tycoon Gordon Wavamunno, the proprietor of Spear Motors and several other business ventures. With a career spanning several decades, Wavamunno has established himself…
The government of Uganda has, through the Ministry of Energy and Mineral Development, resolved to revive the production of copper at Kilembe mines in Kasese District. This signing of the Mineral Production Sharing Agreement with Sarrai Group Limited from…
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…
UWEAL Chairperson, Sarah Kitakule, said the challenges facing them is the inability to access adequate long-term patient capital to go into big businesses because of the unfavourable terms and conditions. Women entrepreneurs have accused financial institutions of creating products that…
Government will capitalize Post Bank by at least 400 percent to increase its share capital to Shs500b from Shs100b. Speaking during the bank’s annual general meeting in Kampala yesterday, Ms Evelyn Anite, the State Minister for Investment, said government had…