Business
Uganda Faces Challenges with High Borrowing Rates and Limited Foreign Debt Sources
The Ugandan government is expected to increasingly rely on domestic borrowing to finance budget shortfalls as international financing options decline…
ICEA LION Emphasizes Transparency in Handling Insurance Claims
ICEA LION, a prominent insurance company, has reiterated its commitment to transparency and client satisfaction amidst recent concerns raised by…
Gold, Oil and Gas Sector Dominates Surge in Foreign Direct Investments in Uganda
The value of foreign direct investments (FDI) in Uganda experienced a remarkable 80% growth in 2022, primarily driven by substantial…
USE: Stock Performance on Tuesday Following Holiday Break
Four counters were active in Tuesday's trading session at the Uganda Securities Exchange (USE), generating a total turnover of sh12.8m,…
International Authorities Uncover Alleged Gold Smuggling Scheme in Uganda
Luis Francisco Martinez, an American under the watch of the Drug Enforcement Agency (DEA), is currently under investigation for his…
Dispute over Petroleum Import License Escalates Between Uganda and Kenya
Uganda Files Lawsuit Against Kenya Over Petroleum Import License Uganda has taken Kenya to the East African Court of Justice,…
