Business
UPDF SACCO Launches New Office Building in Fort Portal
Wazalendo Savings and Credit Cooperative Society (WSACCO), associated with the Uganda Peoples’ Defence Forces (UPDF), has unveiled its new commercial…
MV Bukungu: Lake Kyoga’s New 300 Passenger Ferry Ready for Service
On August 7, 2024, the Uganda National Roads Authority (UNRA) confirmed the successful technical test of a new ferry for…
Bank of Uganda Cuts Lending Rate, Shilling Remains Stable
The Bank of Uganda has reduced its benchmark lending rate from 10.25% to 10%, citing a decrease in domestic inflation.…
Kenya’s Central Bank Cuts Interest Rate for First Time in Four Years
On Tuesday, Kenya's central bank reduced its main interest rate for the first time in four years. The bank's monetary…
Kadaga Slams Uganda’s Coffee Adulteration by Foreign Companies
Uganda's Coffee Faces Repackaging Crisis Despite Uganda’s coffee export growth on the global market, First Deputy Premier and Minister for…
MTN Declares 147 Billion Shilling Payout for Investors
MTN Shareholders to Receive 147 Billion Shillings in Interim Dividends MTN has announced an interim dividend payment of 6.6 shillings…
