Uganda Shilling Weakens further, Nears Ugx 2900
The Ugandan shilling has continued to depreciate against the dollar. On Wednesday, forex bureaus were quoting a dollar at Ugx2823...
Business
Centenary Bank Roots For Charity
Centenary Bank staff have donated Shs7 million towards the organization of the End of year party and purchase of food...
Stanbic Bank Appoints Ugandan CEO
Stanbic Bank, Uganda's largest bank has appointed its first Ugandan Chief Executive Officer Patrick Mweheire. “This is to notify you...
Amatheon Agri Officials Hold Talks With Uganda’s Minister Of Agriculture
In a bid to promote private sector investment in the agricultural sector, the government through the sector’s line ministry is...
Coffee Exports Drop By 17%
Uganda's single largest foreign exchange earner, coffee realized a drop in export numbers in November 2014 of 17% according to...
Chinese To Start Mining Copper In 2015
Tibet-Hima Industries Consortium, a Chinese firm is set to start copper mining in Kilembe in May next year, Alex Kwatambora,...
Let Sheraton Hotel Be Your Village This Chritmas Season
The holidays are here, the kids are home and the relatives are visiting. With Christmas days away, you need a...
BOU Maintains Lending Rate at 11%
The central bank of Uganda has opted to maintain the Central Bank Rate at 11% following the depreciation of the...
Uganda Secures Funding for Key Solar PV Projects
A consortium of two firms have been contracted to build four solar plants of 5 megawatts each in Eastern Uganda...
AIG Sets Up Academy To Train Insurance Stakeholders
In a move aimed at sustaining and growing the level of uptake of insurance products and services, insurance company, AIG...
Oil Refinery Bidders To Submit Final Offers By Mid-January 2015
The two consortia left in the running to be the lead investor for construction of the 60,000 barrels per day...
MTN Demands For Fair Treatment From UCC
MTN Uganda, the largest telecom company in the country has demanded for equitable treatment of all players in the telecom...
Umeme propose even higher power tariffs in 2015
Power distributor, Umeme, has proposed that the end-user tariffs for domestic consumers be increased starting next year even after raking...
Olx Uganda online market initiated
OLX, one of the world’s leading online classified platforms, today announced its entry into the Ugandan market by unveiling it’s...
Butter Trader Wins Second Omo Vehicle
A businesswoman hailing from Mbarara District is the second winner of a brand new Toyota Premio vehicle in the ongoing...
Willy Mutenza: Take Advantage Of Investment Opportunities In Gulu
Willy Mutenza, the Chairman of Uganda UK Convention, encourages the Diaspora to take advantage of investment opportunities in Gulu. Mutenza...
MUBS To Teach Chinese
Makerere University Business School (MUBS) has finalized plans with China’s Shenyang University to put up set up an institute for...
SABMiller, Coca-Cola To Merge African Non-Alcoholic Bottling Operations
SABMiller PLC Thursday said it has agreed with The Coca-Cola Co and the majority shareholder in bottler Coca-Cola Sabco to...
Gov’t Receives USD21.4 Million Japan Energy Fund
The government of Japan has advanced a US $21.4 million loan to Uganda to improve the Queens way power substation...
New computer spying bug discovered
A leading computer security company says it has discovered one of the most sophisticated pieces of malicious software ever seen....