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Business & Finance | Uganda Multimedia News & Information
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Business & Finance

Putting sanctions on African countries is the act of cowardice- President Museveni

Putting sanctions on African countries is the act of cowardice- President Museveni

President Yoweri Museveni has disagreed with the idea of putting sanctions on African countries particularly Zimbabwe calling it the act of ‘cowardice’. President Museveni is in Zimbabwe for a two-day visit as the chief guest on the official opening of the 60th Zimbabwe International Trade Fair (ZITF) in Bulawayo. Museveni, called the act of putting sanctions […]

Over 30,000 beneficiaries, big stride for skilling Uganda fund

Over 30,000 beneficiaries, big stride for skilling Uganda fund

The 120 billion shilling skilling Uganda fund has already registered 30,000 beneficiaries seven years of existence after its launch in 2012. The projects targets 60,000 beneficiaries by 2020 and is aimed at facilitating competitiveness, productivity and employment for self reliance among the Ugandan youth. The Assistant Commissioner for Vocational Education, Mr. James Mugerwa during the […]

Uganda Christian University (UCU) partners with private sector in rice, coffee value addition

Uganda Christian University (UCU) partners with private sector in rice, coffee value addition

Uganda Christian University (UCU) Mukono has launched an initiative to add value to Ugandan processed rice. This is aimed at encouraging students to practice agriculture after school. Through a partnership with the Uganda private sector dealing in quality rice and coffee processing, UCU is set to train agribusiness students unique ways of adding value to […]

Masses protest in Zimbabwe Cities following the increase in diesel and petrol prices

Masses protest in Zimbabwe Cities following the increase in diesel and petrol prices

Zimbabwe has seen protests in various cities on Monday following the more than double increase in the prices of petrol and diesel in the country. Protesters began by burning tyres and boulders in the cities of Harare and Bulawayo showing their anger over President Mnangagwa. Mugabe’s successor came to say that the increase in the […]

China to sponsor Kampala-Jinja Expressway

China to sponsor Kampala-Jinja Expressway

A Chinese state-owned company, China Railway 17th Bureau Group Company has pledged to partner with a local contractor in the construction of the 95km Kampala – Jinja expressway (KJE). Mr He Ping, the company’s chairman for Africa business led a delegation to President Yoweri Museveni‘s home in Rwakitura and promised to finance the project. “if […]

Government enters deal with US company to manufacture smart phones in Uganda

Government enters deal with  US company to manufacture smart phones in Uganda

The Uganda Government has entered into a deal with an American-based company, CTI Africa, to start manufacturing smart mobile phones in Uganda. The phone production will be conducted by LifeMobile, which is also a member of CTI Africa on 6th Street in Industrial Area. The announcement was made by Evelyn Anite, the Minister of State […]

UK Investors struggle to get Shares in Uganda oil sector

UK Investors struggle to get Shares in Uganda oil sector

Investors from the United Kingdom have paid a second visit to Uganda to pave way on how they can improve their chances at acquiring some shares from the Uganda oil and gas sector The businessmen from 11 UK companies, that deal in petrochemical, pipeline, power and renewable industries, met up with senior Ugandan delegates on […]

Total alerts public of fake jobs adverts in relation to Tanzania-Uganda oil pipeline project

Total alerts public of fake jobs adverts in relation to Tanzania-Uganda oil pipeline project

Total East Africa Midstream has warned the general public to be cautious while accepting jobs advertised in relation to the Tanzania-Uganda crude oil pipeline project, saying most are fakes. Total has learnt that various companies have started assuring people that they can help them secure jobs from the East African Crude Oil Pipeline (EACOP) project. Unknown […]

Transaction Advisor needed at Uganda National Oil Company (UNOC)

Transaction Advisor needed at Uganda National Oil Company (UNOC)

Uganda National Oil Company (UNOC) is looking for a transaction advisor to guide the development of a multi-user storage terminal in Kampala. The state-owned company acquired land on the outskirts of Kampala for a $70-million terminal that will serve as a distribution centre for imported petroleum products. The terminal will have an initial capacity of […]

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