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30-10-2014 22:52:00 | by: Administrator | hits: 9373791 | Tags:

MTN Uganda largely fulfilled regulatory obligations but some areas still lack
24-04-2018 | 08:26:41
Whereas MTN has to a large extent complied with most of its license and regulatory obligations, there are a number of outstanding areas of non-compliance which must be addressed before UCC processes its application for renewal of a license, says Godfrey Mutabazi, the UCC executive director in the report.
[Interview] Maria E. Auma, Managing Partner, Blue Luxury Investments, Uganda
23-04-2018 | 09:00:00
Maria E. Auma is a Ugandan entrepreneur and finance expert. She is currently the Managing Partner of Blue Luxury Investments, an investment management firm based in Kampala, Uganda.
Uganda Coffee growers and US roasters to create business linkages
19-04-2018 | 15:09:00
Although Uganda is the 8th largest coffee producer in the world and the top African exporter, its coffee is relatively unknown in the United States.
Uganda telecom regulator directive to share biometric data with telecom companies is legally void
19-04-2018 | 09:30:00
Sharing biometric data with telecom companies without a data protection law openly facilitates illegal surveillance and threatens citizens’ enjoyment of the right to privacy.
Bank of Uganda launches a new automated clearing house system
17-04-2018 | 14:25:00
A fully automated clearing house will offer a reduction in the time required to clear a cheque to two days and eventually to a single day. The beneficiaries of cheques will, therefore, receive their funds more rapidly according to Bank of Uganda.
Uganda secures a $4 million oil refinery deal, following African Legal Support Facility intervention
13-04-2018 | 10:34:00
With the support of the African Legal Support Facility (ALSF), the Government of Uganda has successfully signed an agreement with a consortium of American and Italian firms to finance and construct a $4-billion refinery in the country’s Hoima district.
Expedite hearing of refinery-affected people's court case
12-04-2018 | 08:43:00
The denial of justice to the refinery-affected people by the High Court judges has led to the perpetration of injustices and human rights abuses that no justice-minded judicial officer should subject any citizen,” said Mr. Innocent Tumwebaze.
Not enough IT staff to realise Uganda e-government dream
10-04-2018 | 13:52:00
A national IT survey 2017/18 report released last week shows that within government ministries, agencies and governments or MDAs, ICT personnel account for only 1.9% of the total workforce up from 1.6% in 2012/13. There is also a gender bias among ICT personnel with 31.2% female vs. 68.8% male.
Citizens portal to ease government online services access
10-04-2018 | 09:44:00
The National Information Technology Authority of Uganda or NITA-U has set up the e-citizens portal, http://ecitizen.go.ug/, a one-stop online center for Government online services.
MTN Uganda largely fulfilled regulatory obligations but some areas still lack
10-04-2018 | 07:54:00
Whereas MTN has to a large extent complied with most of its license and regulatory obligations, there are a number of outstanding areas of non-compliance which must be addressed before UCC processes its application for renewal of a license.
KWHCoin enters Kenya through partnership with Nurse In Hand Emergency Response
10-04-2018 | 07:49:00
KWHCoin, the blockchain-based renewable energy company using a digital currency that converts renewable distributed energy resources to digital tokens has signed a Memorandum of Understanding with Nurse In Hand (NIH) Emergency Response.
DR Congo and Uganda among countries to benefit from new Technoserve specialty coffee projects
05-04-2018 | 06:56:45
Nonprofit organization TechnoServe has announced four initiatives to boost the livelihoods of smallholder coffee farmers. Over the next five years, these new projects are expected to benefit nearly 90,000 farmers in four countries.
Vivo Energy adds seven new Shell service stations in Uganda
27-03-2018 | 13:37:00
Vivo Energy Uganda has opened seven new Shell service stations in Uganda, bringing the total country network number to 140 service stations to date.
Humaniq launches live support chat in its mobile app in Africa
23-03-2018 | 05:49:00
Humaniq, a next-generation financial service with its own cryptocurrency has announced a new live chart support in its Mobile App.
Rwanda Innovation Fund project to receive $30 million loan from African Development Bank
20-03-2018 | 05:49:44
The Board of the African Development Bank Group has approved a loan of US $30 million to support the establishment of Rwanda Innovation Fund (RIF).
Wefarm secures $5million seed funding to reach offline farmers and ease pressure on global food supply
14-03-2018 | 10:18:00
Wefarm, a farmer-to-farmer digital network currently in Kenya and Uganda has secured $5 million in additional seed funding, led by Silicon-Valley based True Ventures.
Eastern Africa Grain Council Uganda launches nine new standards for staple foods in the region
14-03-2018 | 06:12:57
The Eastern Africa Grain Council, has launched the nine product standards for staple foods and two standards for sampling and test methods.
East African region records best economic performance in the continent, AfDB outlook
13-03-2018 | 13:00:14
The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports.
Coordinating investments across Greater Kampala would boost growth for Uganda - World Bank Report
12-03-2018 | 10:43:19
Investing in Greater Kampala will not only benefit residents, but the rest of Uganda, according to a World Bank report.
TradeMark East Africa and Uganda trade ministry commit to renew efforts to empower women in trade
12-03-2018 | 07:53:37
More than 4,776 women in Uganda have benefited from a TradeMark East Africa Women and Trade programme since 2015. They are part of the 25,000 women across East Africa who have directly benefited from the programme.
IFC and MIGA Boards invests $400 in refinancing Bujagali Energy to reduce Ugandan electricity costs
09-03-2018 | 13:43:00
The Board of Directors of IFC and MIGA have approved a plan to refinance more than $400 million of loans to Bujagali Energy Limited and provide up to $423 million in guarantees in support of the Bujagali hydropower project.
Uganda urgently needs to move from Policy to action to achieve road safety, UN report
02-03-2018 | 10:35:00
The number of road traffic fatalities reported in Uganda has increased seven-fold over the past 25 years and 10 people die every day due to road traffic injuries, according to the report of the first United Nations Road Safety Performance Review.
[Column] Bob Koigi: Deepening regional trade and East African integration with one stop border posts
01-03-2018 | 13:07:00
Traders passing through East African border points have traditionally grappled with harrowing experiences, from bureaucratic procedures to harassment by custom officials.
Kenya, Uganda deepen trade ties with the Busia one stop border post
01-03-2018 | 12:45:00
Edna Mudibo, a Kenyan small scale trader in the border town of Busia who frequents Uganda,has found renewed drive to carry on with her business and has ended years of cat and mouse games with police officers and border officials.
East African Court of Justice dismisses appeal over member states signing EPA dispute
22-02-2018 | 11:45:00
The Appellate Division dismissed an Appeal filed by Castro Pius from Tanzania, whose application was seeking for an injunction to stop the Partner States which had not signed the European Partnership Agreement not to sign the same.
United Kingdom to support solar energy industry in Uganda
20-02-2018 | 08:59:00
The British High Commissioner to Uganda, Peter West has announced a new partnership between the UK’s Department for International Development and the United Nations Capital Development Fund in Uganda.
Shikun & Binui secures new $309 million contract to build airport in Uganda
07-02-2018 | 07:27:01
Israeli based construction and infrastructure company Shikun & Binui Ltd has secured a new contract to build an airport in Uganda.
Uganda and Tanzania open talks on joint border redemarcation
05-02-2018 | 11:21:28
Officials from the Government of the Republic of Uganda and the Government of the United Republic of Tanzania have opened talks aimed at reaffirming the borders of Uganda and Tanzania.
[Vacancy] Freelance Business Journalist in East Africa
03-02-2018 | 11:01:00
Africa Business Communities will be developing a Tech Platform on its website and is therefore looking for a freelance journalist/webmaster
East African Court of Justice stops Ugandan taxman collecting tax from British American Tobacco
01-02-2018 | 13:26:46
The First Instance Division has granted an interim injunction to the British American Tobacco Uganda Limited, restraining and prohibiting the Government of Uganda and the Uganda Revenue Authority from collect excise duty due to discriminatory rates.
IFC invests $3 million in Goodlife Pharmacies to assist in creating a regional chain in East Africa
01-02-2018 | 13:09:00
The International Finance Corporation has announced an investment of $3 million in Goodlife Pharmacy Limited, to help the company expand to more than 100 stores within four years to create a Pan-East African retail pharmacy chain.
[Interview] Jameel Verjee, Founder & CEO, CityBlue Hotels, East Africa
01-02-2018 | 10:28:00
Jameel Verjee is a British entrepreneur expanding his business in the hospitality industry across East Africa. He is Founder and CEO of CityBlue Hotels, founded in Rwanda and now expanded into Kenya and Uganda.
South Africa and Uganda commit to facilitating trade and investment flows
31-01-2018 | 13:40:00
South African Deputy Minister of Trade Mr Bulelani Magwanishe and the Ugandan Minister of Trade and Industry, Ms Amelia Kyambadde have committed to facilitating trade and investment flows between their respective countries.
Mastercard and USAID launch initiative to transform Kenya and Uganda refugee settlement schemes into digital communities
26-01-2018 | 06:54:44
MasterCard and the U.S. Agency for International Development have launched a public-private coalition that will bring together technology, solutions and experience from multiple sectors to transform refugee settlements into digitally-connected communities.
[Column] Bob Koigi: East African Community. Whither integration agenda?
24-01-2018 | 10:49:27
If the East African community member states are not burning each other’s chicks, or auctioning cows, they are embroiled in trade disputes and mistrust in what has become characteristic of the integration journey.
East African farmers build climate change resilience through innovative farm practices
19-01-2018 | 11:45:00
From intercropping, mulching to relying on indigenous knowledge, smallholder farmers in East Africa are developing resilient techniques to insulate themselves from changing weather patterns at a time when studies show they will be among the most affected in years to come.
[Kenya] City Blue Hotels expands into Mombasa
18-01-2018 | 08:26:00
Born in Rwanda, open in Uganda and now in Kenya, CityBlue Hotel’s recent takeover of the landmark Creekside hotel at Tudor Point in Mombasa is a declaration of the company’s expansion plan for Africa.
Julius Kipng’etich appointed Jubilee Insurance regional CEO
11-01-2018 | 09:01:00
Jubilee Holdings Limited has appointed Dr. Julius Kipng’etich as its Regional Chief Executive Officer.
Clinigen extends agreement with Eisai to supply three new drugs into 10 African countries
03-01-2018 | 09:00:00
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
Payroll compliance high on the agenda for East African tax authorities
15-12-2017 | 06:51:00
The Pay As You Earn tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to raise more funding for public spending.
[Uganda] Britam unveils new offices in Kampala
14-12-2017 | 11:33:20
Britam Insurance Company (Uganda) Ltd has unveiled its new offices located in the prestigious Nakasero suburb in Kampala.
Citi Foundation and Technoserve unveil three projects to support young African entrepreneurs
06-12-2017 | 06:54:43
The Citi Foundation and the international nonprofit organization TechnoServe have unveiled three new projects to support young entrepreneurs and workers in Africa through the Citi Foundation’s Pathways to Progress initiative.
Liquid Telecom Uganda partners with The Innovation Village to support Ugandan startups
01-12-2017 | 06:40:00
Liquid Telecom Uganda, part of the pan-African telecoms group Liquid Telecom, has announced a partnership with The Innovation Village to support Ugandan start-ups with high-speed internet and cloud-based services.
Uganda government and UNDP launch implementation of a $44.26 million project to restore wetlands and build community resilience
30-11-2017 | 07:14:20
The Government of Uganda and United Nations Development Programme (UNDP) have kick-started a new project on "building community resilience, wetlands ecosystems and associated catchments in Uganda."
Smile Communications partner with MediaTek to launch voice over LTE smartphones in Africa
28-11-2017 | 13:18:00
Smile Communications and MediaTek have teamed up to bring the latest VoLTE smartphones to customers in Nigeria, Uganda, Tanzania and the Democratic Republic of Congo (DRC).
Andersen Global announces expansion in Uganda
22-11-2017 | 12:00:00
Andersen Global is proud to announce a presence in Uganda by way of a Collaboration Agreement with Ligomarc Advocates, a financial and corporate tax and legal firm.
AfDB and IsDB partner to boost agriculture and fight drought in Nigeria, Somalia and Uganda
21-11-2017 | 11:31:00
A joint initiative of the African Development Bank (AfDB) and the Islamic Development Bank (IsDB) will boost agriculture value chains and enhance drought resilience in Nigeria, Somalia and Uganda.
Opening of Mutukula one stop border post to boost trade between Uganda and Tanzania
16-11-2017 | 12:32:00
John Pombe Magufuli, President of Tanzania and Yoweri Kaguta Museveni President of Uganda and Amb. Liberat Mfumukeko, East African Community Secretary General have launched Mutukula One Stop Border Post (OSBP) located on the Uganda- Tanzania border.
East African Community receives $1.2 million from AfDB to finance multinational road between Uganda and Tanzania
15-11-2017 | 10:00:00
The African Development Bank East Africa Regional Resource Centre (EARC), and the East African Community (EAC) have signed a financing agreement of $1.2 million to finance the Project Preparation Phase of three key Multinational Road Sections between Masaka in Uganda to Kumunazi in Tanzania.
Aon completes sale of businesses in six sub Saharan African countries
09-11-2017 | 09:00:10
Aon Plc the global professional services firm providing a broad range of risk has confirmed it has completed the sale of its shareholding in its employee benefit, insurance and reinsurance brokerage operations in Kenya, Lesotho, Malawi, Namibia, Uganda and Zambia.
Jumia Uganda partners with Barclays to introduce card-on-delivery payments for customers
08-11-2017 | 10:24:07
Online shopping firm, Jumia Uganda has partnered with Barclays to introduce the card-on-delivery payment option for customers in Kampala.
China offers Uganda $30m grant to support customs modernization
07-11-2017 | 06:23:00
The Government of the People’s Republic of China has agreed to support customs modernization project in Uganda with a grant worth $ 30m.
Mastercard, FSD in joint drive to strengthen financial inclusion in Uganda
02-11-2017 | 11:27:00
Multinational financial services corporation, Mastercard and Financial Sector Deepening Uganda have partnered to develop financial services and solutions that will improve livelihoods of Ugandans.
Uganda and Iran discuss commercial diplomacy, trade and business
30-10-2017 | 07:44:00
Uganda’s Minister of Foreign Affairs, Hon. Sam Kutesa has said that the private sector is the key driver for sustained economic growth which Uganda continues to promote in both domestic and foreign direct investment.
Investors hiring expats in Africa must demonstrate importance of skills - Bowmans Law Firm
26-10-2017 | 08:46:00
East African countries are grappling to balance two sometimes conflicting needs. On the one hand, they want to encourage foreign investment. On the other, they want to ensure that local skills and labour are not displaced by imported skills.
AfDB launches pilot programme to cultivate the savannah in eight African countries
20-10-2017 | 06:58:00
The savannahs of Africa cover a mind-boggling 600 million hectares, of which 400 million hectares are cultivable, the President of the African Development Bank, Akinwumi Adesina, has said.
Building Energy inaugurates its first photovoltaic power plant in Uganda
17-10-2017 | 07:35:51
Building Energy, multinational company operating as a Globally Integrated IPP in the Renewable Energy Industry, announces the Inauguration of the Tororo Solar Plant, its first photovoltaic system in Uganda.
Oranto Petroleum signs exploration agreements for two licenses in Uganda’s Lake Albert
11-10-2017 | 06:14:00
Oranto Petroleum has signed two production sharing agreements (PSA) in the Ngassa Shallow and Deepwater Play of Lake Albert in Uganda.
GroFin and USAID East Africa Trade and Investment Hub partner to increase access to finance for East African agribusiness SMEs
10-10-2017 | 11:35:00
GroFin, a development financier which specialises in providing finance and support to small and growing businesses, has received a grant from USAID East Africa Trade and Investment Hub.
StatesDuka debuts in East Africa with budget online shopping model
05-10-2017 | 14:08:44
Statesduka.com is the first budget online shopping and shipping website serving Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan.
SAP Skills for Africa delivers 52 skilled graduates to drive digital transformation in East Africa
04-10-2017 | 06:12:00
Digital transformation initiatives in East Africa received a welcome boost as 52 skilled youth graduated from an expanded East African SAP Skills for Africa program.
Randell Torno appointed CEO of RESTANCE to lead East African economic development strategy
29-09-2017 | 09:35:26
RESTANCE, Inc has announced a new Chief Executive Officer to lead the Company's East African Economic Development Strategy.
A bright future for Ugandan oil and gas sector, Siemens predicts
28-09-2017 | 06:28:00
The International Monetary Fund recently stated that the oil reserves in Uganda may account for around four percent of the country’s economy annually in the next few years if managed well.
[Uganda] Mobile Money Transactions hit Shs44 trillion
25-09-2017 | 09:13:04
A report by Bank of Uganda found that the annual amount of money transferred through mobile money totalled Shs 43.83tn in 2016, up from Shs 32.7tn in 2015. This accounts for a 34 per cent jump in value.
Digital Marketing Masterclass in Kampala and Kigali
22-09-2017 | 07:39:00
Discover proven social media and digital marketing techniques that can boost your business online, increase your marketing impact and put digital, social and mobile into perspective.
New DNA technology seeks to save millions of Uganda and Tanzania farmers from effects of cassava disease
18-09-2017 | 12:06:00
Scientists at The University of Western Australia are using new portable DNA sequencing technology for the first time in East Africa to help farmers fight the devastating impact of crop disease.
South African Customs Union and East African Community deliberate on tripartite Free Trade Area market access
18-09-2017 | 09:03:11
South Africa has played host to the 11th bilateral meeting between Trade Ministers of the Southern African Customs Union (SACU) and the East African Community (EAC).
Heifer International, Sirolli Institute grow farming enterprises in Tanzania and Uganda
15-09-2017 | 12:06:00
Heifer International is working with the nonprofit Sirolli Institute to help farmers start or grow successful businesses.
Liquid Telecom upgrades East Africa Fibre Ring to 100G delivering faster speeds across the region
11-09-2017 | 11:34:00
Pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, has completed 100G upgrades to key routes on the East Africa Fibre Ring.
[Interview] Michael Leander, Founder and CEO, Markedu
11-09-2017 | 09:18:00
Attendees at the upcoming Digital Marketing Masterclass taking place in Uganda and Rwanda can win an iPad and other prizes. Africa Business Communities has asked Markedu founder Michael Leander what this event is all about.
Merck Foundation commits to long term partnership with Government of Uganda in building healthcare capacity
05-09-2017 | 09:02:00
Merck Foundation, a non-profit organization, and a subsidiary of Merck KGaA underscored their commitment to long term partnership with Government of Uganda to build healthcare capacity with special focus on diabetes, cardiovascular diseases, infertility and cancer.
Uganda’s first coffee auction set for January 2018
05-09-2017 | 06:07:06
Uganda Coffee Development Authority in partnership with the African Fine Coffees Association is set to provide specialty coffee training in preparation for the annual Taste of Harvest competition and the country’s first ever coffee auction.
[Uganda] Vule Airways set to take off at Entebbe International Airport
04-09-2017 | 09:53:39
A low-cost carrier, Vule Airways, is set to fly out of Entebbe International Airport starting November subject to regulatory approval from the Civil Aviation Authority.
[South Africa] The Department of Trade and Industry to assist black Industrialists find market in Uganda
28-08-2017 | 11:36:22
The Department of Trade and Industry (the dti) will take a group of Black Industrialists on an outward trade mission to Uganda from 18-23 September to assist them search for a market for their products and investments opportunities.
[Uganda] AgDevCo invests $450,000 in Talian Company to scale up operations
21-08-2017 | 09:31:03
AgDevCo, a social impact agribusiness investor, has announced a $450,000 debt investment into a Ugandan milling business, Talian Company Limited.
African Legal Support Facility weighs in on Uganda’s oil refinery project
21-08-2017 | 06:42:00
In late July, Uganda chose a consortium, including General Electric Co., to build and operate a crude oil refinery, which will eventually process oil from fields being developed by Total SA and Tullow Oil Plc
Radio is still king for Kenya and Uganda farmers
17-08-2017 | 06:41:00
A growing number of smallholder farmers in Kenya and Uganda continue to boost household incomes, improve nutrition and ease pressure on forests, thanks to interactive radio programmes.
TerraPay launches international mobile money transfers to Uganda
11-08-2017 | 07:30:00
TerraPay, the world's first mobile payments switch has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country.
Uganda, Tanzania commence work on construction of $3.5bn oil pipeline
08-08-2017 | 13:00:00
The leaders of Tanzania and Uganda laid a foundation stone on Saturday for the construction of a $3.55 billion crude export pipeline that would pump Ugandan oil for international markets.
Uganda picks GE, Saipem to build first oil refinery
08-08-2017 | 10:46:00
Uganda has picked a consortium including GE and Italian Saipem to build and operate the African country’s first oil refinery.
Uganda GDP still expected to rise to 5.2% in FY 2017 - World Bank
25-07-2017 | 09:31:00
The Uganda Economic Update released by the World Bank today shows the country currently with a shortfall of nearly $1.4 billion in financing per year, equivalent to 6.5 percent of its GDP.
KAM launches East Africa Community intellectual property rights regime study
21-07-2017 | 13:22:03
Kenya Association of Manufacturers, KAM, has launched the East African Community Intellectual Property Rights Regime Study which aims to enhance regional protection of IPRs, as a contributor to achieving the industrialization agenda.
Centenary Bank and Mastercard announce plan to digitize Ugandan economy
21-07-2017 | 06:41:00
Centenary Bank and Mastercard have announced their multipronged approach to digitizing Uganda’s economy in support of the National Financial Inclusion Strategy.
SAP Skills for Africa launches East African chapter with participation from Kenya, Rwanda, Uganda, Ethiopia
19-07-2017 | 12:44:35
SAP Skills for Africa has launched its first-ever East African programme at an event held in Nairobi, Kenya.
[Uganda] United Bank for Africa rolls out Debit Mastercard in cashless payments drive
19-07-2017 | 06:33:00
United Bank for Africa (UBA) has announced the rollout of the Debit Mastercard card in Uganda to financially support its citizens.
Chinese enterprises commit to wildlife conservation in Uganda
17-07-2017 | 10:15:00
At a landmark forum co-hosted by the China Enterprise Chamber of Commerce Uganda (CECCU) and the Wildlife Conservation Society (WCS), CECCU declared that Chinese enterprises operating in Uganda would support wildlife conservation
East African musicians elaborate career ambitions on CNN African Voices
13-07-2017 | 07:30:00
East African musicians have been featured on the CNN African Voices as they elaborate their career ambitions and why they’re focusing on their roots for inspiration.
Court declines to stop East African Community member states from signing Economic Partnership Agreement
12-07-2017 | 05:32:00
The East African Court of Justice has declined to grant orders to stop East African Community Partner States which have not signed the European Partnership Agreement (EPA) not to sign the same.
iWayAfrica Uganda appoints Godfrey Sserwamukoko new managing director
03-07-2017 | 09:37:00
Leading converged ICT solutions provider, iWayAfrica Uganda, has appointed Godfrey Sserwamukoko as Managing Director and a board member with immediate effect.
[Uganda] Guaranty Trust Bank launches the GTBank Mastercard
30-06-2017 | 04:34:00
With focus on building a stronger financial payment sector and ensuring all citizens are financially included, Guaranty Trust Bank Uganda has launched the GTBank Debit Mastercard.
Nigeria to overtake the US as 3rd most populous country in the world - UN report
27-06-2017 | 08:39:00
Nigeria will overtake the United States to become the third-most populous country in the world by 2050, according to a United Nations report.
World Bank approves $40m to strengthen social risks management
22-06-2017 | 08:17:00
The World Bank’s Board of Executive Directors has approved a $40 million equivalent IDA credit* to the Republic of Uganda for the Strengthening Social Risk Management and Gender-Based Violence (GBV) Prevention and Response Project.
Uganda, Chinese consortium sign agreement on trade, livestock and transport projects
19-06-2017 | 14:28:15
Uganda and China have signed a Memorandum of Understanding three proposed investment projects ranging from trade, agriculture and transport.
SolarNow to open first branch in Kenya on June 20
19-06-2017 | 06:26:18
Uganda-based solar energy company SolarNow is due to open its first branch in Kenya on June 20th.
Uganda consumer inflation at highest level since beginning of the year
16-06-2017 | 05:42:36
Uganda has continued to experience a rise in consumer price index from 6.8 percent experience in April to 7.2 per cent in May, Uganda Bureau of Statistics data shows.
East Africa attracts Sh113.7b in private equity investments
15-06-2017 | 09:06:00
The East Africa region attracted more than Sh113.7 billion ($1.1 billion) funds from Private Equity (PE) between 2015 and 2016, a new study has revealed.
Uganda Bankers Association in partnership with Mastercard to strengthen financial services sector
15-06-2017 | 05:34:55
In support of Uganda’s National Vision 2040, Mastercard has signed a strategic partnership agreement with the Uganda Banker’s Association (UBA) to develop a framework that will strengthen the local financial services sector.
Z-One Holding and Tryba Energy to install a 10 MWp solar energy plant in Uganda
29-05-2017 | 06:56:06
ZT Energy and Tryba Energy of France through their local company, Emerging Power Uganda Limited has signed a Power Purchase Agreement with Uganda Electricity Transmission Company Limited, UETCL
Bet Lion gaming set for East African launch in August
26-05-2017 | 06:34:57
Victor Chandler is back. After a 3-year hiatus, his first foray is set to be as part of a new sports betting and gaming company to be called Bet Lion, focusing on East Africa and launching in August.
Uganda and Tanzania sign oil pipeline agreement
25-05-2017 | 11:45:28
President Museveni and President Magufuli have signed the East African Crude Oil Pipe Line Agreement(EACOP) as an expression of intent to go ahead with the construction of the1400km oil pipe line from Hoima to Tanga port.