Local investors in Uganda have been asked to embrace private equity financing and venture capital as alternative to stimulate the slowing Uganda’s economy. The advise come at the time when Uganda’s economy is struggling to recover from election fever. According to the executive director Uganda Investment Authority Dr Frank Ssebowa, many local investors are running to […]
President Yoweri Museveni has promised to deal with the corrupt officials in his new term of government; he gave the warning as he delivered his state of nation address to parliament as he opened the second sitting 10th parliament. He told parliament that his government is going to handle the corrupt officials like the national resistance movement brought discipline in the […]
Government plans to come up with a law which will empower the state to be involved in the deal to borrow or lend money. Speaking at the opening of the new parliament, president Museveni said it is necessary for the state to take interest in the signing of an agreement between the person intending to borrow […]
Former Terego county MP Kasiano Wadri denied claims that he received a bribe from the Uganda national roads authority-UNRA to cover up the Institution corruption scandal while he was a chairperson of the parliamentary public accounts committee since June 2011 to 2013. The commission of inquiry into mismanagement of the Uganda National Roads Authority (UNRA) […]
President Park Geun-hye of South Korea has urged the business community in Uganda and her country to tap into the existing cordial relationship Uganda has with South Korea in order to enhance business operations for the benefit of the two brotherly countries and their peoples. President Park Geun-hye was yesterday addressing guests at the Uganda-Korea Business […]
UGANDA is by far one of the most beautiful countries on earth. To many visitors, it’s a place that has welcoming people. Uganda’s charm mostly lies in its astonishing diversity – of wildlife, vegetation, landscapes and cultures – the beautiful land. Perhaps it is no wonder that Winston Churchill popularized this by naming it the […]
The Insurance Regulatory Authority has called on the business investors to put more capital in the insurance sector to maximize returns basing on the low insurance penetration in the country. The Executive Director Insurance Regulatory Authority of Uganda Ibrahim Lubega Kaddunabi made the call while speaking at the Opening the 8th banking, finance and insurance expo […]
Government has been asked to support local content when procuring goods to be consumed or materials to be used in Uganda. The comment comes at the time when Uganda is still grappling with alarming deficit emanating from low exports in relation to imports. Now According to Allan Ssenyodwa, a policy analysts from Uganda Manufacturers Association, […]
The Government of Uganda has appealed to many unqualified Ugandans and senior six leavers to take advantage of their work to upgrade and get qualified so as to work comfortably to avoid loosing jobs. As part of the new measures, government-owned Makerere University Business school has set up special programs that will enable senior six leavers […]
Government have been asked to focus on re-adjusting economic policies to favour industrialization and export trade in Uganda. While opening the high level policy dialogue on export development and promotion in Uganda at the president’s office in Kampala, the state minister economic monitoring Henry Banyenzaki said that the 4 trillion shillings balance of payment deficit the […]