Ranches Finest commended on quality meat exports
State Minister for Investment, Evelyne Anite, has commended Ranches Finest for its sustained production and export of high- quality beef products from Uganda…
Business Edge Staff
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Uganda fast-tracking oil refinery deal – Nankabirwa
The Ugandan government is accelerating negotiations with Alpha MBM Investments of the United Arab Emirates to finalize a landmark deal to build a 60,000…
Uganda Breweries invests UGX32 Bn on farmers
Uganda Breweries Limited (UBL) has reported a 12% net sales growth in the last financial year, driven by the success of premium beer brands like Guinness and…
Optimism as July coffee exports top 800,000 bags
Uganda’s coffee exports have surged to new heights, signaling a robust boost to the nation’s economy and a promising future for farmers.
Stanbic Bank assets, net profits surge
Stanbic Uganda Holdings Limited has announced a significant improvement in its financial performance, with total assets reaching UGX9.7 trillion, a 3.8%…
Uganda, 15 countries set for electricity trade
The Eastern Africa Power Pool (EAPP), an intergovernmental organization that was established to promote and coordinate the development of a regional power grid…
MTN hands over UGX100 million Kiteezi relief
MTN Uganda and MTN MoMo Uganda Ltd, through the MTN Uganda Foundation, have made a donation of relief items valued at UGX100 million to support 200 families…
Digital skills for youth must be an urgent priority
“I can’t believe this is happening! We have computers now!” exclaimed Aisha Nakalema, a student at Bishop Dunstan Nsubuga Memorial School on Bugala Island, as…
UGX500m MTN Changemakers 2nd phase launched
MTN Uganda, through the MTN Foundation, has announced the launch of the second phase of the MTN Changemakers Initiative, a transformative program designed to…
UK unveils UGX24 billion clean cooking initiative
The United Kingdom has launched an initiative aimed at revolutionizing Uganda’s cooking practices as part of an ambitious effort to transition 65% of Uganda’s…
Optimism as Central Bank cuts key rate to 10%
The Bank of Uganda (BoU) has slashed the Central Bank Rate (CBR) by 25 basis points to 10%, a development that experts say would have significant implications…
Top sponsors gang up for Ladies Open Tournament
NCBA Bank, Uganda Airlines, Uganda Breweries and Wandaz Products are some of the top corporate entities that have expressed interest in sponsoring the Uganda…
MTN half-year net profits soar to UGX295 billion
MTN Uganda has announced a net profit of UGX295.7 billion for the half-year ended June 2024, driven by robust growth in voice, data, and fintech services.
Cabinet clears Malaba-Kampala SGR project
The vision of a modern and efficient railway network in East Africa is edging closer to reality as Uganda moves closer to the reality of its own Standard Gauge…
EABC wants uniform Common External Tariffs
The East African Business Council (EABC) has urged regional governments of the East African Community (EAC) to uniformly apply the EAC Common External Tariff…
West Nile gets first National Grid connection
The recent inauguration of the Kole-Gulu-Nebbi-Arua Transmission line by President Yoweri Kaguta Museveni marks a pivotal moment for the West Nile sub-region…
Inflation hits highest level in 12 months
High cabbage, fish and Irish potatoes prices were the primary drivers of the 4% annual inflation in July, the Uganda Bureau of Statistics (UBOS) has indicated…
Uganda nets UGX 80 billion from visa fees
The Directorate of Citizenship and Immigration Control (DCIC) has reported a substantial increase in revenue from visa visa fees for the 2023/2024 fiscal year…