Banking institutions have since April restructured loans with clients worth UGX6.7 Trillion after repayments were affected by the Covid-19 pandemic. Bank of Uganda in April 2020 granted permission to all…
President Yoweri Museveni has commissioned Mbale – Bubulo – Lwakhakha road and pledged to construct more roads to improve the transport network in the country. The 44.5-kilometer road was constructed by…
A Bank of Uganda (BoU) report has revealed that commercial banks recorded profits to a tune of UGX874 Billion between March and September 2020. This is despite the Covid-19 pandemic…
Persons affected by the planned East African crude oil pipeline are calling for court action against the governments of Uganda and Tanzania as well as the oil companies over delayed…
Cipla Quality Chemicals Ltd, Uganda’s top manufacturer of medicines has in recent years faced declining profits occasioned by a fall in revenues, making Shareholders uneasy. The Capital Markets Authority’s latest…
The Uganda Civil Aviation Authority – UCAA says international passenger numbers are steadily increasing. Fred K. Bamwesigye, Acting Director General UCAA said this on Friday evening during a press conference…
Entrepreneurs and prospective investors in Uganda are getting more concerned about long bureaucratic procedures in dealing with government, than they are concerned with corruption or bribery, according to a survey….
At least 400 prison Officers are undergoing training by the Electoral Commission -EC to pack ballot papers. The officers from the Uganda Prisons are undergoing training in ballot paper safety,…
National Social Security Fund (NSSF) wants the laws governing its investments amended to allow the fund to lend money to local governments. This comes after the local government officials and…
Patrick Amuriat Oboi, the Forum for Democratic Change (FDC) Presidential candidate has promised to offer 5 percent of the Oil revenue to Bunyoro Kitara Kingdom if he is elected President…