Business news

Ministry of Finance on Wednesday 22 January presented the National budget framework paper (NBFP) for FY 2020/21 to FY 2024/25 to the Finance Committee of Parliament. The National BFP is...

President Yoweri Museveni has disagreed with the idea of putting sanctions on African countries particularly Zimbabwe calling it the act of ‘cowardice’. President Museveni is in Zimbabwe for a two-day...

The 120 billion shilling skilling Uganda fund has already registered 30,000 beneficiaries seven years of existence after its launch in 2012. The projects targets 60,000 beneficiaries by 2020 and is...

Uganda Christian University (UCU) Mukono has launched an initiative to add value to Ugandan processed rice. This is aimed at encouraging students to practice agriculture after school. Through a partnership...

President Yoweri Museveni has commissioned the iconic Uganda Revenue Authority (URA) Tower, with a call on the on the institutions in Government to renew their strength towards fulfilling their main...

Zimbabwe has seen protests in various cities on Monday following the more than double increase in the prices of petrol and diesel in the country. Protesters began by burning tyres...

A Chinese state-owned company, China Railway 17th Bureau Group Company has pledged to partner with a local contractor in the construction of the 95km Kampala - Jinja expressway (KJE). Mr...

The Minister of State for Investment and Privatisation, Evelyn Anite(in white jacket), Maj Gen James Mugira( in army uniform) with the CTI Africa team: COURTESY PHOTO The Uganda Government has entered...

Investors from the United Kingdom have paid a second visit to Uganda to pave way on how they can improve their chances at acquiring some shares from the Uganda oil...

How the Uganda Oil refinery is expected to look like after construction The Uganda oil sector is likely to spend quite more money than the anticipated $4 billion for the...