Uganda’s second-largest beer company, Uganda Breweries, has handed over a cheque of royalties worth Shs 515 million accrued to the Buganda Kingdom where it makes and sells beer by routing profits through a popular brand...
Nakumatt operates nine outlets in Uganda, but most of the shelves at Oasis Mall, Metroplex Mall, Mbarara Branch, and Bukoto Branch have largely been empty. As social media continues to be littered with pictures of...
This follows growing concern from customers through various social media platforms many of who were skeptical about the supermarket’s operations. 'The largest supermarket chain in East Africa, Nakumatt has blamed a number of unforeseen business...
Ashish Thakkar started in business importing computers from Dubai to Uganda Ugandan born Ashish Thakkar is sometimes referred to in the media as Africa's youngest billionaire. But now he is saying he is worth a lot...
Police use live bullets to disperse violent vendors Police on Tuesday morning used fired live bullets as violence engulfed downtown Kampala during running battles between street vendors and KCCA enforcement officers with cops as they try...
Crane's impairment charges almost quadrupled to 50.4 billion Ugandan shillings The central bank says the collapse of Crane Bank Ltd., which is said to have been “significantly undercapitalized” after making a loss of 12.5 billion Ugandan...
Bank of Uganda has reported drastic raise in Annual crop inflation in the last three months. Prices of food have risen, growing inflation rate. Uganda’s rising food prices and the effects of exchange rate depreciation...
Known to be a ruthless businessman and negotiator, city tycoon Sudhir Ruparelia is in a bad state after realising his valuation of his Crane Bank Ltd. started 21 years ago has suddenly fallen from $350Million...
The animosity between Kampala Lord, Mayor Erias Lukwago and Kampala Affairs minister, Beti Olive Kamya over management of Kampala city has reached new heights. A new war is brewing after Mayor Lukwago called ‘illegal’ the...
President Museveni and other East African leaders have decided to put a regional trade teal with the European Union on hold. The leaders of the block have directed the EAC Secretariat to communicate to EU...
© 2020 The Local Uganda
