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A service for global professionals · Saturday, November 16, 2024 · 761,210,239 Articles · 3+ Million Readers
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Uganda Business Newswire

  • Published on 09:25 GMT

    How fraud epidemic took root in Uganda

    The police’s 2023 crime report marks out obtaining money by false pretence for showcasing unparalleled dominance under the economic crimes category. In fact, empirical evidence shows that cases of the same have been on the increase since 2020. The numbers …

    Source: The Daily Monitor - Uncategorized
  • Published on Nov 15, 2024

    Trucks stranded at Uganda-Kenya borders over internet breakdown

    A network breakdown at the Kenya Revenue Authority (KRA) has brought cross-border trade to a standstill, leaving hundreds of trucks loaded with exports stuck at the Busia, Malaba, and Lwakhakha borders. The disruption, which began two weeks ago, has …

    Source: The Daily Monitor - Uncategorized
  • Published on Nov 15, 2024

    Ugandan manufactures: Harmonize Digital Tax Stamp Costs across East Africa

    PSFU, UMA and other stakeholders appearing before Parliament committee Currently, DTS costs vary significantly across the EAC, creating competitiveness challenges Kampala, Uganda | THE INDEPENDENT | Executives from the Private Sector Foundation of Uganda ( …

    Source: Independent (Uganda) - Center-left
  • Published on Nov 15, 2024

    Uganda’s coffee boom: A case for sustainable use of proceeds

    Uganda’s coffee industry is a vital engine of socio-economic transformation, particularly amid recent global market growth. From 2013 to 2023, coffee consistently contributed 14.4 percent to Uganda’s total merchandise export earnings, reinforcing its …

    Source: The Daily Monitor - Uncategorized
  • Published on Nov 15, 2024

    Who are Uganda’s influential Indian business families?

    At the India-Uganda Trade Mission organised in October by Equity Bank, Minister for Trade and Industry David Bahati said that Indians in Uganda contribute more than 60% of the country’s GDP. The statistic is often cited by members of the Indian community …

    Source: Africa Report - Neutral
  • Published on Nov 15, 2024

    How a bad road delays trade between Kenya and Uganda

    Turkana people of Kenya and Matheniko communities of Uganda have lived peacefully side by side since 1973 when they signed a peace pact and committed to better business. Yet, there has been hardly any trade flow across the border. One reason is the poor …

    Source: The East African - Neutral
  • Published on Nov 15, 2024

    Musevenomics is about choosing between running a business or supporting the opposition

    When the Reform Agenda – a precursor to the Forum for Democratic Change (FDC) – was started, key among its founders were many political heavyweights from the ruling National Resistance Movement (NRM). However, there were several others who hadn’t been part …

    Source: The Daily Monitor - Uncategorized
  • Published on 11:29 GMT

    Closure of Mbale bar spotlights economy

    Mbale City, known for its lively nightlife, is bidding farewell to a beloved fixture in its night economy following the recent closure of the traditional El-Tanjia Bar and Club. Originally known as Elgonia Night Club and established by the Asian community …

    Source: The Daily Monitor - Uncategorized
  • Published on Nov 14, 2024

    Uganda Considering Lawsuit Against SpaceX Over Satellite Debris Damage

    Ugandan forensic experts have released a report detailing the origin and impact of space debris that fell across western Uganda in May 2023. The debris, traced to SpaceX, damaged property in Kyegegwa, Sembabule, and Kyenjojo districts, spanning a 40- …

    Source: Africa.com - Neutral
  • Published on Nov 14, 2024

    FINCA Uganda Receives Bancassurance License

    Innovative approach strengthens financial resilience for low-income clients by broadening access to essential insurance products. WASHINGTON, DC, UNITED STATES, November 14, 2024 /⁨EINPresswire.com⁩/ -- FINCA Impact Finance (FIF) announced that …

    Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
  • Published on Nov 14, 2024

    Financial literacy workshop empowers Uganda's SMEs to boost resilience and growth

    In partnership with the Federation of Small and Medium Enterprises (FSME), UAP Old Mutual  hosted a powerful financial education session on November 12, 2024, at Hotel Africana. The event drew over 400 SMEs, offering practical guidance on financial …

    Source: The Daily Monitor - Uncategorized
  • Published on Nov 14, 2024

    Ugandan traders lament persistent non-trade barriers

    Contradictory tax regimes, unpredictable road user fees and logistical nightmares remain major obstacles to cross-border trade between landlocked Uganda and the rest of the EAC. Ugandan traders were lamenting at the East African Business Council-Private …

    Source: The East African - Neutral
  • Published on Nov 13, 2024

    LETTER TO GEN M7: Uganda Railways needs a business leader not a careerist

    Dear President Museveni, I thank you very much for the decision of folding back these many agencies who had formed a corrupt government of their own outside the government as we know it. Thank you very much for this foresight. Some of us who have been …

    Source: Red Pepper - Uncategorized
  • Published on Nov 13, 2024

    Obadiah Ntebekaine: Business icon with a heart of gold rests

    The celebrated businessman suffered a stroke that saw him admitted to Mbarara Regional Referral Hospital and later Aga Khan Hospital in Nairobi, Kenya, where he breathed his last. The death of Obadiah Ntebekaine Rushambuza, a prominent businessman hailing …

    Source: The Daily Monitor - Uncategorized
  • Published on Nov 13, 2024

    Uganda Cranes need one point to reach AFCON finals

    Action between South Africa’s Bafana Bafana and Uganda Cranes in September in Johannesburg For years, Uganda Cranes have been synonymous with convoluted mathematical equations at this time of qualification campaigns for tournaments. But right now, the …

    Source: Observer - Neutral
  • Published on Nov 13, 2024

    Trump’s re-election sparks mixed reactions in Uganda as aid cuts loom

    When Trump referred to African nations as “shithole countries” Museveni defended him saying Africans should solve their own problems Kampala, Uganda | IAN KATUSIIME | The re-election of Donald Trump returned one of President Yoweri Museveni’s favourite …

    Source: Independent (Uganda) - Center-left
  • Published on Nov 13, 2024

    Jackson Atima petitions EALA for better roads and business rights

    Jackson Atima petitions EALA for better roads and business rights Jackson Atima, the West Nile region whip, has petitioned the East African Legislative Assembly on behalf of the citizens of Uganda who are working and doing business within the East African …

    Source: NTV Uganda - Neutral
  • Published on Nov 13, 2024

    Uganda’s coffee trader Sukuma Commodities obtains US$1M from Sahel Capital

    UGANDA – Sahel Capital, a prominent investor in the food and agriculture sector in sub-Sahara Africa, has made an entry into Uganda through a US$1million working capital loan from its Social Enterprise Fund for Agriculture in Africa (SEFAA) facility into …

    Source: Food Business Africa Magazine - Label Pending
  • Published on Nov 13, 2024

    Business News | Unihealth Achieves Rs. 5 Crore Net Profit with 23pc Growth

    PNN Mumbai (Maharashtra) [India], November 13: UniHealth Consultancy Limited (NSE - UNIHEALTH), a global healthcare service provider with 200 commissioned beds across its tertiary care hospitals in Uganda and Nigeria, and a service portfolio that includes …

    Source: Latestly - Uncategorized

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