By Our reporter KAMPALA – Only seven of an estimated 90 large Savings and Credit Cooperative Societies (SACCOs) have so far obtained licences from the Bank of Uganda, with just over five weeks remaining before the September 30 deadline for eligible institutions to come under direct central bank supervision. The slow pace of licensing is […]
CAPTION: President Yoweri Museven, 2nd right, Dr. Sikander Lalani: Chairman and CEO, Roofing, State Minister of Trade, David Bahati, right, during the inauguration of the new Phase IV Ultra-Modern Cold Rolling Mill Complex at in Namanve Industrial Park Tuesday August 25th, 2025. (PPU Photo). By Our reporter KAMPALA – President Yoweri Kaguta Museveni has […]
By Our reporter KAMPALA — The satellite internet race has officially blasted off in Uganda, with Roke Telkom and Paratus Uganda taking the lead as the first provider to bring Starlink’s low-Earth-orbit satellite service to the local market. The breakthrough follows the signing of a memorandum of understanding and operational licence agreement between the Uganda […]
CAPTION: The JNHPP inaugurated on Saturday August 22nd, 2026 (Courtesy Photo). By Xinhua DAR ES SALAAM – Tanzanian President Samia Suluhu Hassan on Saturday inaugurated the 2,115-megawatt Julius Nyerere Hydropower Plant, a landmark project expected to strengthen electricity supply and accelerate industrial and economic development. Hassan inaugurated the plant in Rufiji District in Coast […]
By Our reporterPARLIAMENT – Kampala top engineer, James Kalibbala, has come under scrutiny for being a member of the Uganda Manufacturers Association (UMA) while at the same time serving as Chairperson of the National Standards Council, which regulates the manufacturers.Kalibbala, who has accumulated 46 years’ experience but not registered under the Uganda Engineers Registration Board, […]
CAPTION: MTN Uganda and KCB Bank Uganda interact with traders in Kalerwe Market August 19th, 2026. (Courtesy photo).By Celia Abenawe NsimireKAMPALA – KCB Bank Uganda has reaffirmed its commitment to advancing financial inclusion and economic empowerment through MoPesa, its digital micro-credit and savings proposition delivered in partnership with MTN MoMo.This partnership is reinforced through the […]
By AgencyNAIROBI: THE East African Business Council (EABC) and the Rwanda Development Board (RDB) have strengthened their partnership to promote investment and regional economic integration ahead of the inaugural East Africa CEO & Investment Forum scheduled for September in Kenya.During a meeting in Kigali recently, EABC ViceChairperson Dennis Karera and Executive Director Ahmed Farah held talks with RDB officials on expanding collaboration […]
CAPTION: Left to right; State Minister for Investment and Privatization, Hon. Amina Mukalazi; Finance Minister, Hon. Henry Musasizi with UDB Board Chairman, Godfrey Kihuguru and UDB MD Dr. Patricia Ojangole during the meeting on Thursday, August 13th, 2026. (Courtesy photo). The Bank disbursed UGX 502.2 billion to facilitate private sector growth in Uganda Total assets […]
By Charles NyandwiKAMPALA – The Director General of Rwanda Food and Drugs Authority, Emile Bienvenu, has been arrested alongside 17 officials over alleged offences related to the production and distribution of illicit alcoholic beverages, Rwanda Investigation Bureau (RIB) said.Ten of the 18 suspects are linked to Rwanda FDA, while others include a division manager from Rwanda […]
By Our reporterKAMPALA – The Ministry of Finance, Planning and Economic Development has requested Parliament for a tax waiver for two companies that have failed to pay taxes to the Uganda Revenue Authority.The State Minister for Planning, Hon. Amos Lugoloobi, who appeared before the House Committee on Finance on Thursday, 13 August 2026 said that […]