Business

Stanbic Bank Uganda (SBU) has paid out a total of UGX 110 billion to its shareholders for financial year 2019, continuing a long track record of returning consistently positive earnings despite prevailing challenges. At the...

Carrefour, owned and operated by Majid Al Futtaim in Uganda, today opened a second store in Naalya, along the Northern Bypass. Spanning over 2,050 square meters, the new store seeks to address the immediate shopping...

Mukono North substation is now in use after power distributor Umeme constructed lines tolink the facility with consumers.The utility has erected poles and strung cables from the facility in Mbalala, Mukono Districtto Katosi, 40 kilometres...

People logged on from Australia to Kenya and Canada as Billionaire Tomorrow ran its first-ever online masterclass on how to amass a fortune. Founding editor Chris Bishop interviewed Ugandan billionaire  Sudhir Ruparelia in Kampala on...

Stanbic Bank Uganda has today launched the ‘Now-Now loans’ campaign aimed at offering customers quick and affordable loans to overcome financial challenges in the wake of the Covid-19 pandemic. Grace Muliisa, the Stanbic Bank’s Head...

Simbamanyo Estates Limited and its proprietor Peter Kamya’s hopes of repossessing their Simbamanyo House have faded after their suit against Equity Bank Limited, Meera Investments Limited, Luwalulwa Limited and the Commissioner Land Registration has been...

Business conditions deteriorated for the Ugandan private sector during January due to a reduction in new orders which caused a fall in employment as the country went through the General Elections period.  For the first...

In January 2019, UN Women and Standard Bank Group partnered to form a Climate-Smart Agriculture (CSA) programme aimed at empowering more than 50,000 women farmers in Uganda, Malawi, Nigeria and South Africa to take up...

Ruparelia Group through its construction company VCON has been awarded a contract to construct a project for Uganda Muslim Education Association (UMEA). VCON emerged best bidder out of 14 other companies that expressed interest in...

Intellectual property (IP) protection has been deemed critical for protecting Uganda’s proprietary designs, processes, and inventions that, if leaked to competitors or made public, could ruin the country’s market advantage across the world. This call...