Banks Announce Resumption of Full Operations
Several commercial banks have announced resumption of full operations after the COVID-19 lockdown was lifted…
Business
Uganda Boosts Security in National Parks
Uganda has boosted security in its national game parks to avoid a recurrence of incidents…
Shs 93.5 Billion Needed to Revamp Train Services
The Uganda Railway Corporation is seeking for more than Shs 93.5 billion to revamp railway…
MTN Bows to Pressure, Agrees to $100m Licence Deal
Telecom giants, MTN Uganda have at last agreed to government terms to have their operator…
Private Sector, CSOs Hail Gov’t for Tax Relief, Recapitalizing UDB
The Private Sector Foundation and Civil Society Organisations have welcomed the budget saying it reflects…
Internet Subscribers Reach 11 Million
The number of internet users has risen to over 11 million over the past four…
President's Directive on Arcades, Shopping Malls Throws Traders in Confusion
City Traders have been thrown into confusion following the President’s directive on shopping malls and…
Hoima Airport Contractor Lays off 160 Workers
SBC, the company contracted by the government to construct Hoima International Airport has laid off…
Shareholders Inject Shs 3.8bn to Save Tropical Bank from Collapse
Shareholders of troubled Tropical Bank Ltd have injected Shs 3.8 billion to save the bank…
Tropical Bank Makes Shs 24bn Loss, Becomes Under-capitalized
Tropical Bank Uganda has become under-capitalized after it posted the biggest loss in the banking…