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News
Gov’t to clear Shs 13.8 trillion domestic debt in 12 years
KAMPALA, April 10, 2025 — A report of Parliament’s Committee on Finance, Planning and Economic Development indicates that it will take government 12 years to be to clear domestic arrears of over Shs…
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Alarm as governments, companies borrow USD 25 trillion in 2024
KAMPALA, March 21, 2025 — Governments and companies borrowed USD 25 trillion from markets in 2024, which is USD 10trn more compared to the pre-COVID period, and nearly three times the amount…
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Euro Coop Calls for a Strong Green Claims Directive to Combat Greenwashing
LONDON, January 27, 2025 – Euro Coop has joined leading organisations in signing an open letter urging Members of the European Parliament and EU Ministers to adopt a robust Green Claims Directive.…
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7th edition of the Standard Chartered Cup Futsal Tournament launched
KAMPALA, August 19, 2024 – Standard Chartered Bank has launched the 7th edition of its famous Standard Chartered Cup – Futsal Tournament at a press conference held at its headquarters at Speke…
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Uganda, France strengthen trade, diplomatic ties
KAMPALA, July 13, 2024– The Deputy Speaker of Parliament, Thomas Tayebwa, has lauded the cooperation between Uganda and France in the areas of trade, investment, and diplomacy, saying it ought to be…
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Society Artisanal partners with Minespider to track conflict-free gold from the DRC
KINSHASA, June 6, 2024 – Society Artisanal, an organisation that aims to export conflict-free artisanal gold from the Democratic Republic of Congo [DRC], has announced its partnership with Minespider, a technology company…
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Ethiopian coffee is threatened by European deforestation regulations
PARIS, May 30, 2024 – The export of Ethiopian coffee, a major source of foreign exchange for the country, is facing severe threats from European Union [EU] regulations aimed at combating deforestation…
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Govt exempts electric vehicle makers from stamp duty
KAMPALA, May 7, 2024 – Local companies manufacturing electric vehicles, electric batteries, or electric vehicle charging equipment or fabricator of a frame and body of an electric vehicle; and employ 80 percent…
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Luwero factory now buys sugarcane from Bunyoro farmers
MASINDI, April 30, 2024 – Bunyoro Sugarcane Cooperative Union Limited [BSCUL] in Masindi district, and Victoria Sugar Limited in Luwero district, recently entered into a memorandum of understanding [MoU], enabling one of the…
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