Business Archives

URA rolls out voluntary disclosure of offshore interests

Kampala, (UG): Uganda Revenue Authority is rolling out a Voluntary Disclosure Program (VDP), urging people with offshore incomes and assets to disclose...

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Nile Breweries opens shs4b barley drying and cleaning plant in Kween

Kween, (UG): Nile Breweries has launched a Shs4bn state-of-the-art barley cleaning and drying plant in Cheminy, Kween District, it said in a...

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Goldstar Insurance scales to new heights with AA Global Credit Rating

Kampala, (UG): Goldstar Insurance Company Ltd, one of Uganda’s oldest Insurance Company is on the ascent as it proudly secures an impressive...

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Buganda’s Buddu, Kyadondo CBS PEWOSA SACCOs invest in Airtel’s IPO

Kampala, (UG): Buganda Kingdom’s significant financial institutions; Buddu and Kyadondo CBS PEWOSA SACCO Ltd have announced investments in Airtel’s Initial Public Offering...

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BODAWERK rebrands to GOGO, partners with Watu in Boda Boda electrification

Kampala, (UG): In a landmark move set to redefine the future of transportation in Uganda, homegrown electric vehicle (EV) manufacturer BODAWERK has...

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Elon Musk’s X strips headlines from news links in latest major update

Social media platform X, formerly known as Twitter has removed article headlines for links shared to the platform, with only the thumbnail...

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ERA maintains power tariffs for final quarter of year 2023

Kampala, (UG): Uganda’s Power Regulator; ERA (Electricity Regulatory Authority) has unveiled new power tariffs chargeable by UMEME for the final quarter (October...

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Tycoon Sudhir injects shs4bn in Airtel IPO as Indian Business Forum show confidence in Ugandan Telecom

Kampala, (UG) – In the ongoing efforts to engage key investor groups, Airtel Uganda recently convened a meeting with the Indian Business...

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Billionaire Sudhir Ruparelia on mastering Real Estate in Kampala

Kampala, (UG): In the heart of Uganda’s bustling capital city, Kampala, one name reigns supreme in the realm of real estate: Sudhir...

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Club Ambiance gets sh1.6bn compensation from SWICO over fire incident

Masaka, (UG): State Wide Insurance Company (SWICO) has compensated Masaka’s popular discotheque; Club Ambiance with a whopping 1.6 billion shillings for damage...

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Inside tycoon Sudhir’s Windsor House; a high-tech Grade A office in Kololo

Uganda’s top property mogul, Dr Sudhir Ruparelia through Meera Investments Limited (MIL), one of Uganda’s largest Real Estate Developers, has yet again...

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Kamaleya: Bugisu’s special delicacy hits Korean market

Mbale, (UG): Bugisu’s popular dish from bamboo shoots locally known as Kamaleya have secured an international market with the special delicacy now...

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Salaam Bank gets first Islamic banking license in Uganda

Kampala, (UG): Salaam Bank Uganda Ltd has become the first commercial bank to acquire a license to offer Islamic banking services in...

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Billionaire Sudhir Ruparelia endorses Airtel IPO, urges Ugandans to take part

Billionaire businessman as well as the largest Ugandan and individual equities investor on the Uganda Stock Exchange has endorsed Airtel Uganda’s Initial...

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Victoria Mall: Inside Tycoon Meghani’s plan to develop Entebbe City

Entebbe, (UG): Like Ronald Reagan called America “a shining city on a hill”, Entebbe Peninsula is a serene city on the World’s...

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Uganda Airlines launches direct flights to Lagos

Entebbe, (UG): Uganda’s National Flagship Carrier, Uganda Airlines has announced it will start direct flights to Lagos, Nigeria, effective October 19th, 2023....

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PICTORIAL: UAP Old Mutual celebrates former Board Chair Wavamunno

Kampala, (UG): UAP Old Mutual has celebrated the legacy of retiring Shareholder and Board Chairman, Sir Gordon Wavamunno during a dinner hosted...

474

Jumia loses one million customers as orders drop by over 3 million

Kampala, (UG): Once dubbed to be Africa’s next Amazon, Jumia, a pan-African online marketplace is is headed for a significant turbulent after...

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Traders demand sensitization on usage of URA’s e-Receipt

Mbarara, (UG): The business community in Mbarara City, western Uganda have asked the Uganda Revenue Authority (URA) to provide more sensitisation on...