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WHEN WILL BANK OF UGANDA, CRANE BANK SAGA END??

  Bank of Uganda on April 3, 2024, issued a misleading notice on the legal status of Crane Bank Limited, quoting Section 7(1) (a) of...

FRENCHMAN, BERNARD ARNAULT NOW WORLD’S RICHEST MAN

French man, Bernard Arnault (75) has been named the world’s richest man of 2024 with an estimated fortune of $233billion, according to Forbes April...

FINANCE TASKS URA TO COLLECT SHS 13TRILLION AHEAD OF 2024/2025 NATIONAL BUDGET

  Amidst traders strike over high taxes, Ministry of Finance has tasked Uganda Revenue Authority to collect shs 13trillion so as to hit 2023 /2024...

UGANDA GOVERNMENT TO BUY OFF UMEME ASSETS AS IT EXITS

  Uganda government is to buy Umeme Assets as Power Distribution Company Umeme exits Uganda market in 2025 this website has learnt. Umeme has received notice...

CAA TO INVEST SHS 20BILLION IN JINJA AIRSTRIP REHABILITATION

  In a strategic move aimed to impr9ve Jinja District Tourism Potential, Uganda Civil Aviation Authority (CAA) has embarked on redevelopment of Jinja airstrip infrastructure,...

UGANDANS REAR MORE GOATS THAN COWS, UBOS CENSUS

  Ugandans rear more goats than cows, Uganda Bureau of Statistics (UBOS) 2021 National Livestock Census has revealed. The western region rears more pigs in Uganda...

WILL HIGH COURT STOP MUKESH SHUMUK FINANCIAL WOWS

  In the latest legal saga unfolding within Uganda’s financial landscape, businessman Shukla Mukesh finds himself entangled in a complex dispute with Bank of Baroda,...

ETHIOPIA SET TO JOIN EAC COMMUNITY BLOCK

Ethiopia is set to become the 9th member state of East Africa Community (EAC), just a few months after Somali's admission to the bloc.   This...

UGANDA TO EXPORT LABOUR TO CANADA, UNITED KINGDOM

  In abid to address escalating youth unemployment, Ministry of Gender, Labour and Social Development, will soon start exporting Ugandans to Canada and other countries...

UK SUSPENDS TARRIFF FOR FLOWER EXPORTS

  The United Kingdom (UK) has temporarily removed export tariffs for cut flowers, to streamline trade relationships between East Africa and the UK. In a statement...

NIGERIAN BASED IT FIRM, BLUE CHIP TECHNOLOGIES ENTERS UGANDA MARKET

  BlueChip Technologies, an African tech giant specialized in Data Management and Analytics has entered Uganda market in its new market expansion drive. Soyombo Olumide- Co-Founder,...

URSB HITS SHS 77.1BILLION REVENUE TARGET, TO FOCUS ON DIGITIZATION OF SERVICES IN FINANCIAL YEAR 2024/25

  Uganda Registration Services Bureau (URSB) has superperformed registering shs 77.1billion in the financial year 2022/2023 against atarget of shs69. 6billion,posting a surplus of shs...