Business
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1 week ago
The Government of Uganda has temporarily suspended the enforcement of a controversial trade order, signaling a pause in implementation to allow for broader consultations with affected stakeholders.
The decision was confirmed...
Business
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1 week ago
President Yoweri Kaguta Museveni has commissioned the Yaobai Clinker Cement Factory in Moroto District, marking a significant step toward reducing Uganda’s reliance on imported construction materials.
The factory, established by Chinese...
Business
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3 weeks ago
Uganda has firmly rejected Kenya’s request to tap into its fuel reserves, saying the move could threaten the country’s own energy security amid a volatile global oil market.
Reports from Nairobi...
Business
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3 weeks ago
Iraq is moving quickly to secure its oil exports after Iran allowed Iraqi shipments to pass freely through the Strait of Hormuz, reducing fears of disruption along one of the...
Business
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1 month ago
The government is still studying a proposal to introduce a small tax on cash withdrawals, as part of efforts to reduce heavy reliance on cash and encourage digital payments.
According to...
Business
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1 month ago
Uganda has launched a vibrant international advertising campaign in Italy, turning public transport buses into moving showcases of its famous wildlife in a bold push to attract more tourists.
The campaign,...
Business
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1 month ago
Kenya has moved to phase out low-end mobile phones as part of a new directive requiring all devices sold or manufactured in the country to support USB Type-C charging.
The policy...
Business
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1 month ago
Uganda has enough fuel to last for at least three weeks, giving the country short-term stability even as global oil markets remain uncertain due to tensions in the Middle East.
The...
Business
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1 month ago
The Uganda Railways Corporation (URC) has announced a new completion date for the long-awaited Tororo–Gulu railway line, pushing the timeline from February to October 2026.
The 375-kilometre railway, which is currently...
Business
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1 month ago
President Yoweri Museveni has joined William Ruto in launching a major railway project expected to transform transport and trade across East Africa.
In a statement shared on X on March 21,...
Business
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1 month ago
A major shift is taking place in East Africas media industry after the Aga Khan Fund for Economic Development (AKFED) agreed to sell its stake in Nation Media Group (NMG),...