Markets

EU Invests €60 Million to Refurbish Uganda’s Largest Hydropower Plant

The European Union (EU) has announced a €60 million ($63 million) investment in the refurbishment of the Nalubaale and Kiira…

Uganda’s Sugary Drinks Prices Expected to Rise by 15% Due to Sugar Shortage

Highlights: 15% Price Hike Expected Industrial Sugar Shortfall Spells Trouble for Soft Drink Production Rising Sugar Prices Threaten Local Soda…

Gaba Market Scandal: Temporary Return of Suspended Leaders

The leaders of Gaba Market, who had been suspended for four months on allegations of fraud, land grabbing, and mismanagement,…

Kampala Traders Seek Reduction in Imported Sugar Tariffs

The Kampala City Traders Association (KACITA) is requesting a reduction in the 25% tariff imposed on imported refined sugar at…

I&M Bank, Formerly Orient Bank Welcomes Robin Bairstow as CEO, Building on Strong Financial Foundation

I&M Bank, formerly known as Orient Bank, has announced the appointment of Mr. Robin Bairstow as its new Chief Executive…

Minister Nankabirwa: No Change in Fuel Prices for a Month

Fuel prices in Uganda have not experienced any fluctuations over the past month, according to a statement made by Minister…