URN

Tullow is selling its entire stake in the Albertine Graben

Tullow Oil Summons Shareholders Over Sale Of Stake in Albertine

Tullow Oil has set dates for meeting its shareholders as part of the planned sale of its stake in the Lake Albert Development Project in Uganda. The company according to the UK

June 18, 2020

by URN

Uganda’s Annual Coffee Export Volumes Increase by 22%

Uganda’s coffee export volumes increased by 22% in 2020 compared to the previous year. The growth has been revealed in the Uganda Coffee Development Authority (UCDA) monthly report of December 2020. The figures for 2020 indicates that exports for calendar

February 1, 2021

by URN

Health Ministry Spent UGX 720m to Rehabilitate Namboole Treatment Facility

The Ministry of Health has used up to UGX720 million to rehabilitate structures at Mandela National

How Sudhir Defeated BoU to Retain Crane Bank Branches

City Mogul, Sudhir Ruparelia of the Ruparelia Group is in up mood having defeated Bank of

UGX30 Billion Available for Cattle Compensation – Museveni

President Yoweri Kaguta Museveni has revealed that government has secured UGX30 billion for cattle compensation in Acholi, Lango and Teso sub regions. Museveni, who is also the NRM Presidential candidate said that

January 5, 2021

Banking & Financial Services

Following the approval of the draft budget, government will go ahead to incorporate recommendations by parliament and present the final budget in March 2023

Parliament Approved Loans Worth UGX 18.6 Trillion in 2020, report says

Last year Parliament approved loans to the tune of UGX18.69 trillion, according to the report detailing the business transacted by the House in the year 2020. The approved loans are up from

January 5, 2021

Banking & Financial Services

Commissioner Henry Basaliza Araali says the 3 days training is to economically empower the ADF reporters

Ex ADF Rebels Undergoing Tech and Skills Training in Kasese

Former fighters of the Allied Democratic Forces –ADF in Kasese district are undergoing technology and skills development training lessons, thanks to the Amnesty Commission. The three-day training taking place at Nadir preparatory

January 4, 2021

Banking & Financial Services

44968867 - office work and filling in tax returns close up

Tax Manifesto: NGOs Advise Government to Make Amendments in some laws

Every year begins with new plans by governments and individuals. It is also the beginning of the second half of the financial year and this time around, the climax of an election

January 4, 2021

Banking & Financial Services

The Kenya government also agreed to send a bilateral sugar verification mission to Uganda before the end of January 2021 and the mission would be fully facilitated by the government of Uganda.

Kenya Allows Uganda to Export 90,000 Tonnes of Sugar

The Kenyan government has agreed to let in 90,000 metric tonnes of Ugandan sugar into its market annually, following a meeting of the two countries’ officials. The revelation was made yesterday by

December 24, 2020

Banking & Financial Services

IMF Wants COVID-19 Debt Relief Initiative Extended

The International Monetary Fund, IMF, is proposing that the multi-lateral lenders extend the Debt Service Suspension Initiative to the end of 2021 because most of the countries burdened will not recover by

December 17, 2020

Banking & Financial Services

Pearl Dairy plant in Mbarara. The number of industries have more than doubled since 2008 to 5,200, while contribution of the industrial sector to the economy, has grown three times to 27 per cent as of 2019

National Policy to Boost Industrialisation and Jobs

Unemployed young persons and the private sector are wondering whether the National Industrial Policy 2020 that has just been approved by cabinet can address the job scarcity in the country. The new

December 17, 2020

Banking & Financial Services

Salalira market while it was still under construction

Completion of UGX 61m NUSAF Market in Sironko Excites Vendors

The completion of the new Salalira market in Bukiise Sub County in Sironko district has excited vendors. The market was built with a grant of Shillings 61 million from the Office of

December 14, 2020

Banking & Financial Services

By recruiting new laboratories, UNBS aims at increasing the speed and efficiency of testing and certifying products, which will in the end lead to faster business. Courtesy photo

UNBS acquires 5000-litre prover tank for large volume liquids

Uganda National Bureau of Standards-UNBS has unveiled a 5000-litre capacity prover tank, the largest in the region so far, to facilitate measurement of large volume liquids meant for trade. A prover tank is used

December 10, 2020

Company News

NIN or passport are now requirements while carrying out transactions. Courtesy photo

Banks Tighten Identification Procedures for Customers Transacting

The Financial Intelligence Authority FIA has downplayed the significance of notices being sent to some customers of commercial banks informing them of the identification requirements when making transactions with their banks. Some

December 9, 2020

Banking & Financial Services

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URN

Tullow Oil Summons Shareholders Over Sale Of Stake in Albertine

Uganda’s Annual Coffee Export Volumes Increase by 22%

Health Ministry Spent UGX 720m to Rehabilitate Namboole Treatment Facility

How Sudhir Defeated BoU to Retain Crane Bank Branches

UGX30 Billion Available for Cattle Compensation – Museveni

Parliament Approved Loans Worth UGX 18.6 Trillion in 2020, report says

Ex ADF Rebels Undergoing Tech and Skills Training in Kasese

Tax Manifesto: NGOs Advise Government to Make Amendments in some laws

Kenya Allows Uganda to Export 90,000 Tonnes of Sugar

IMF Wants COVID-19 Debt Relief Initiative Extended

National Policy to Boost Industrialisation and Jobs

Completion of UGX 61m NUSAF Market in Sironko Excites Vendors

UNBS acquires 5000-litre prover tank for large volume liquids

Banks Tighten Identification Procedures for Customers Transacting

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