economy

economy

Uganda Targets Chinese Investors with Land and Tax Breaks

Uganda Targets Chinese Investors with Land and Tax Breaks

Africa-Press - Uganda. The Government of Uganda has offered land and up to 10-year tax holidays to Chinese investors as it ramps up efforts...
We'Ve Secured Enough Fuel — Nankabirwa

We’Ve Secured Enough Fuel — Nankabirwa

Africa-Press - Uganda. Uganda’s Minister for Energy and Mineral Development, Ruth Nankabirwa, has assured the country of stable fuel supplies, announcing that authorities have...
Uganda Kenya Rwanda Ministers Focus on SGR Financing

Uganda Kenya Rwanda Ministers Focus on SGR Financing

Africa-Press - Uganda. Finance ministers from Uganda, Kenya, and Rwanda have agreed to prioritise financing for the Standard Gauge Railway (SGR) following a high-level...
Uganda Courts Chinese Investors for Economic Transformation

Uganda Courts Chinese Investors for Economic Transformation

Africa-Press - Uganda. Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member...
Relief for Traders as Government Intervenes in Dispute

Relief for Traders as Government Intervenes in Dispute

Africa-Press - Uganda. Traders operating at Ovino Building in Kisenyi have secured temporary relief after authorities suspended the collection of disputed management fees by...
2026 Business Excellence Awards to Honor Uganda'S Innovators

2026 Business Excellence Awards to Honor Uganda’S Innovators

Africa-Press - Uganda. The 2026 edition of the Business Excellence Awards has been officially launched in Kampala, with a renewed focus on celebrating excellence...
Absa Uganda Posts Shs222Bn Profit

Absa Uganda Posts Shs222Bn Profit

Africa-Press - Uganda. Absa Uganda posted a net profit of Shs222 billion for the financial year 2025, the bank has announced. The performance indicates a...
Ibanda District Approves Shs41Bn Budget for Services

Ibanda District Approves Shs41Bn Budget for Services

Africa-Press - Uganda. Ibanda District Council has approved a Shs41.49 billion budget for the 2026/2027 financial year, signaling a notable increase in funding aimed...
Manufacturers Urge Parliament to Address Informal Business Tax Losses

Manufacturers Urge Parliament to Address Informal Business Tax Losses

Africa-Press - Uganda. The Uganda Manufacturers Association (UMA) has called on Parliament to take firm action against informal businesses, warning that their rapid expansion...
From Postbank to Pearl: Reimagining Banking in Uganda

From Postbank to Pearl: Reimagining Banking in Uganda

Africa-Press - Uganda. There is something quietly significant unfolding in Uganda’s banking sector, and it goes beyond the headline figures. Pearl Bank’s latest financial results...