Smart housing prototype shows promise in rapidly urbanizing Africa
Africa is urbanizing fast, as its population grows and many flocks to cities in search of jobs, education and healthcare.
Studies show that hundreds of...
Museveni gives UGX3b to support youth projects countrywide
President Yoweri Museveni has given UGX3 billion to support youth projects in 35 districts.
Addressing journalists in Wandegeya, Kampala, on Friday, Ms Valentine Kasaija, the...
Court orders DFCU to Pay Shs 1 billion Inherited Loan
The High Court’s Commercial Division in Kampala last week ordered listed lender DFCU Bank to pay consulting firm Real Marketing Sh994,268,100 ($266,000) for breach...
Government sets May for new licensing round
Irene Muloni, the minister of energy and mineral development, has revealed plans for the second licensing round of three oil blocks in the Albertine...
Gov’t proposes more tax breaks for investors in Industrial parks
Starting July this year investors that set up facilities in Uganda’s industrial parks or free zones will enjoy enormous tax exemptions in move to...
Post Bank remains resilient despite probe, says Central Bank
The Central Bank has said operations of Post Bank Uganda remain strong, sound and resilient.
The Bank’s statements follow an ongoing investigation into Post Bank’s...
AfDB Hails Canada’s US$1.1 billion pledge in callable capital support
On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion commitment in temporary callable capital to support the African Development...
URA registers UGX 12.1 trillion revenue collection
Uganda Revenue Authority (URA) has so far registered a revenue collection of 12.16 trillion shillings in the current financial year 2018/2019.
The collection registered as...
World Bank Launches Human Capital Plan to Propel Investment in Africa’s People
The World Bank unveiled a new plan today to help African countries strengthen their human capital. The objective of the plan is to enable...
AfDB President makes strong case for increased U.S. investment in Africa
Speaking at a high-level dialogue in Washington D.C. on the sidelines of the World Bank-IMF Spring meetings, the President of the African Development Bank, Akinwumi Adesina, said “It...