Business
Government Targets 4.5 Million Electricity Connections
The Government of Uganda has launched a significant project aimed at addressing the challenge of electricity connectivity, particularly in rural…
Uganda Adjusts Key Interest Rate to 10% in Response to Shilling Depreciation
Uganda's central bank, the Bank of Uganda (BoU), has taken decisive action by increasing its key interest rate by 50…
Stanbic Bank Announces Sh500 Million Sponsorship for Entebbe Club’s Golf Match Play Challenge
Stanbic Bank has pledged a substantial sum of 500 million Ugandan shillings to Entebbe Club over the next three years,…
Call for Resumption of Silkworm Project by Parliamentary Committee
The House Committee on Science, Technology, and Innovation recently directed Dr. Monica Musenero, the Minister of Science, Technology, and Innovation,…
Uganda’s Fuel Strategy Shift: Pipeline Plans with Tanzania
Uganda is actively pursuing a partnership with Tanzania to construct a pipeline that would transport fuel from Tanga to Mpigi,…
European Investment Bank Boosts Ugandan Micro-businesses with €100 Million Investment
The European Investment Bank (EIB Global) and Centenary Rural Development Bank Ltd (“CERUDEB”) have joined forces to provide over 426…
