Amos Lugoloobi

CREATING A SUSTAINABLE IMPACT: UDB extended UGX610 billion in new loans in 2023

Muhereza KyamuteteraFinanceNews & AnalysisThe Big StoryJuly 24, 2024July 24, 2024

Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution has released its 2023 results, reporting what the bank says is a “continued pivotal role in fostering economic resilience…

Parliament gives nod to UGX1.2 trillion government loan for electricity access approved

CEO ReporterNews & AnalysisParliamentNovember 23, 2022November 23, 2022

Parliament of Uganda has approved a request for government to borrow up to US$331.5 million (UGX1.23 trillion), from the International Development Association of the World Bank Group, upon which it…

Torrero most trusted Liqueur brand  – People’s Choice Quality Awards

CEO ReporterNews & AnalysisOctober 21, 2022October 21, 2022

Namanve-based Yuti Breweries is frothing with excitement over its latest accolades. Highly consumed brand Torrero Liqueur has for the second year running awarded best locally blended liqueur at the People’s…

Hariss International’s Oner Recognized as Best Fruit Juice at People’s Choice Quality Awards 2022

CEO ReporterNews & AnalysisOctober 18, 2022October 18, 2022

Oner Fruit Juice, a product of Hariss International, has, for the second time, been recognized as Best Fruit Juice at the People’s Choice Quality Awards.  The award comes after the…

FINCA Uganda, NFA begin restoration of 60 hectare forest cover

CEO ReporterCompany NewsNews & AnalysisAugust 11, 2022August 11, 2022

FINCA Uganda in partnership with National Forestry Authority (NFA) have embarked on a forest restoration initiative worth UX 100,000,000 restoring sixty (60) hectares (ha) of forest land. This corporate social…

2021/2022 BUDGET: Govt scraps OTT, introduces new taxes on airtime, data, rental income

CEO ReporterFinanceThe Big StoryJune 10, 2021June 10, 2021

The government of Uganda has announced the introduction of new taxes so as to shore up revenues that will finance the new budget for Financial Year 2021/2022. Amos Lugoloobi, the…