Rwanda surpasses Kenya as Uganda’s largest sugar export market in East Africa
Rwanda has overtaken Kenya as the largest market for Uganda’s sugar exports within the East African Community (EAC).
Bank of Uganda Cuts CBR to 9.75%
The Monetary Policy Committee (MPC) of the Bank of Uganda has reduced the Central Bank Rate (CBR) by 25 basis points to 9.75%.
Sheebah Karungi Reveals Pregnancy at Concert, Leaving Fans in Awe
On the evening of October 4, 2024, Sheebah Karungi captivated the audience at her highly anticipated Neyanziza Concert held at the Lugogo Cricket Oval. In a heartfelt and unexpected revelation, she announced her pregnancy, stepping onto the stage with her baby bump proudly on display. The crowd erupted into cheers, celebrating this joyous news that confirmed months of speculation among fans.
Museveni launches the 600 MW Karuma Hydro Power project
The commissioning of the sh6.3 trillion 600 MW Karuma Hydro Power Project is going to lower the cost of electricity, which will impact lowering the cost of producing goods and services in Uganda.
Uganda Airlines Expands Reach with New Flights to Harare and Lusaka
Uganda Airlines has officially launched its scheduled services to Harare, Zimbabwe, and Lusaka, Zambia, enhancing connectivity between East Africa and Southern Africa.
PACEID Outlines Strategies to Boost Uganda’s Exports to the US Market
The Presidential Advisory Committee on Exports and Industrial Development (PACEID) is developing strategies to enhance Uganda’s entry into the United States market.
URA exceeds revenue target for August
Uganda Revenue Authority (URA) has announced a surplus in revenue collections for August, exceeding its target of sh2.3 trillion.
Uganda exploring oil in two new regions
Uganda is exploring for oil in two new regions where potential discoveries of crude could increase the country's proven reserves of 6.5 billion barrels, its Energy minister said on Wednesday.
UBL to expand markets With New Products
Uganda Breweries Limited (UBL) is set to enhance its presence both regionally and internationally with a fresh array of product offerings. Over the past decade, UBL has invested more than sh280b in expanding its capacity and advancing sustainability.
Nabbanja holds bilateral talks with key UN officials
The Prime Minister Robinah Nabbanja has held bilateral talks with two United Nations (UN) officials and discussed ways of strengthening relations and mutual benefit.