Bank of Uganda poised to take control of mobile money services
The Ugandan government is drafting legislation that will transfer the regulation of mobile money services to the Bank of Uganda, according to the deputy...
MPs Reject Gov’t Plans To Tax Loss-Making Businesses
Officials from the Finance Ministry faced difficulty explaining a proposal by government to tax businesses that have been making losses for seven consecutive years....
Parliament Okays Shs4.7 Trillion Security Budget
A total of Shs4.7 trillion will be drawn from the National Budget to finance national security in the financial year 2019/2020.
The amount is contained...
President Museveni pushing for East African Airways after receiving Uganda Airlines Bombardier Aircraft
President Yoweri Museveni has assured the people of Uganda that the new Uganda Airline will be a successful undertaking because of the big Ugandan...
Uganda Airlines planes finally touch down at Entebbe
The first two of the newly acquired Uganda Airlines aircraft have landed at Entebbe international airport. The Bombardier CRJ900s, flew in from Canada Tuesday...
Sudan receives $3 billion from Saudi Arabia, UAE
Sudan has received a critical financial boost from Saudi Arabia and the United Arab Emirates, who on Sunday granted three billion dollars in support...
Diamond group becomes first to sign up SWIFT speedy service in East Africa
The Diamond Trust Bank Group has become first East African bank to go live on SWIFT’s global payments innovation (gpi) service.
This is a rapid...
MPs call for adequate extension services to improve coffee production in the country
Members of Parliament have called for adequate extension services to improve coffee production in the country.
MPs said that poor coffee handling practices can be...
Minister Anite unveils new board of UIA, tasked to attract quality investors
The state Minister for investment and Privatization Hon Evelyn Anite this Wednesday morning unveiled the new board of Uganda Investment Authority at the Uganda...
Africa making progress in using Science, Tech, Innovation to achieve Sustainable Development Goals
The Africa Regional Science, Technology and Innovation (STI) Forum was one of the pre-events of the fifth session of the Africa Regional Forum on...