Business

20 masons chosen to visit the Hima Cement factory Masons, builders and foremen have been urged to form cooperative unions if they are to achieve/profit from their trade. This was part of Hon. Amelia Kyambadde,...

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...

There are only about 880 mountain gorillas left The jubilation by Ugandans on social media about reports that high up in the mountains of Mgahinga National Park, Kisoro District, trackers on Monday encountered an extremely...

Only 2% of the 16% of the population on the grid use it for cooking Power giants Umeme Ltd have started a tree planting drive that will look to protect Uganda’s endangered forest cover. The...

The bank has about 500,000 customers. Just a few Crane Bank branches upcountry operated normally today as Bank of Uganda announced the take-over of the country's third largest bank, reports URN. After months of speculation...

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...

Uganda’s former industrial giant town of Jinja is set for a revival after signing an agreement of mutual interests with Wuhan Municipality in China. Witnessed by Prime Minister Dr Ruhakana Rugunda, His Worship Wan Yong...

Bank of Uganda has put Crane Bank under receivership, takes over management with immediate effect. Our reporters have sighted police officers instead of the usual Nepalese guards at the Bank’s branches across the Uganda. Central...