KCB Bank Uganda’s Generous Support Fuels Rally Excellence
KCB Bank Uganda has revealed its substantial sponsorship, totaling shs60 million, dedicated to bolstering the endeavors of three prominent rally drivers slated to participate in...
Business
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President Museveni to Address Tax Concerns to the Business community
President Museveni is scheduled to convene with city traders today to announce his verdict on the tax issues raised by the business community, encompassing the...
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Insights from Uganda Development Bank’s High-Level Meeting
The Uganda Development Bank (UDB) convened a notable gathering of stakeholders during the International Monetary Fund (IMF) and World Bank Spring Meetings to explore avenues...
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Uganda’s Economic Outlook: A Beacon of Growth and Stability
Uganda’s economic momentum is robust, with the Treasury projecting a promising outlook for growth. The target of 6% for this fiscal year appears well within...
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Shell’s Exit from Nigerian Oil Fields
In the first month of the year, Shell Plc disclosed its intentions to divest its onshore oil and gas operations in Nigeria, transferring ownership to...
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NNPC Faces Payment Delays Due to Naira Depreciation and Global Fuel Price Surge
Reports from Reuters indicate that the Nigerian National Petroleum Corporation (NNPC) is experiencing delays in payments to fuel suppliers, attributed to the depreciation of the...
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Uganda Engages Dubai Royal Family-Linked Firm for $4 Billion Refinery Project
The Ugandan government is currently in talks with an investment company led by Sheikh Mohammed bin Maktoum bin Juma Al Maktoum for the establishment of...
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Uganda Set to Compensate Umeme Limited $225 Million as Power Concession Ends in 2025
Uganda is expected to pay power distributor Umeme Limited approximately $225 million to cover the utility’s investments in the national grid after its 20-year concession...
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President Museveni Advocates Economic Diversification and Regional Integration.
In a recent speech, President Kaguta Museveni made a thought-provoking statement regarding the characteristics of less developed economies. He asserted that nations with a significant...
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HAM Vs DTB: THE SUPREME COURT DECISION IN THE FRAUD CASE AGAINST THE PUBLIC POLICY OF UGANDA
KAMPALA-UGANDA | The Supreme Court generally mishandled the Ham vs DTB Civil Appeal No. 13/2021 when it delivered its judgment on the 6h of June...
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Tech Titans and Business Moguls Dominate: The 10 Richest People in the World Revealed
Within the realm of extreme wealth, a select group of individuals hold immense influence and prosperity. Their fortunes, constantly in flux, are a result of...
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Zoho Corporation’s ManageEngine Division Drives 60% of $1 Billion Annual Revenue Milestone
Zoho Corporation has achieved an annual revenue of $1 billion in 2022, making it the first bootstrapped company in India to achieve this feat. Zoho...
