Business news

Ecobank launches cross border money transfer

Ecobank has launched an international money transfer services called Rapid Transfer which will allow EcoBank customers access local currencies of host countries where the bank has presence. The service which is already operational in over 30 African countries including Uganda will increase the bank’s capability to provide accessible, flexible and convenient financial services. In a […]

Uganda Government urged to develop Soroti Flying School

The Representatives of Uganda on the East African Legislative Assembly have urged the government to invest more money in Soroti Flying School such that it can be developed in to international world class institution to train pilots. Soroti Flying Scool is the only institution in Uganda for training pilots but has been neglected by the […]

UNIDO boss calls for stronger business ties between Russia and Africa

The Director-General of the UN Industrial Development Organization, Kandeh Yumkella has today urged Russia to strengthen trade and investment ties with African countries and also appealed to the continent to seek opportunities for technology transfers from Russia. “We want our friends, including from Russia, to come to Africa to do business to create wealth and […]

Action Aid calls for better agricultural policies to help Uganda rural women

Action Aid, an International NGO operating in Uganda has appealed to the Uganda government to make better policies to help Uganda rural women involved in agriculture get out of poverty. Dr. Paul Ojuman, Action Aid policy manager says Uganda agricultural policies mainly focus on commercial agriculture which doesn’t favour the rural poor. Ojuman says women […]

Uganda MUBS organizes a Leadership Conference

Makerere University Business School is organizing the first annual Leadership Conference that will take place in Imperial Royale Hotel in Kampala, Uganda from 16th to 19th June, 2010. The conference that is likely to attract renowned academicians, researchers and leaders from all walks of life will address issues of governance and how they affect Africa’s […]

Daily Monitor newspaper launches top 100 SMEs

The Daily Monitor has today launched its 100 midsized company survey in Kampala. The survey that was inaugurated last year seeks to identify the fastest growing midsized company in the country. Partnering with audit firm KPMG, Daily Monitor will recognize the country’s 100 best performing businesses in terms of growth and resilience. The country leader […]

Sebaggala asks vendors to retain him on mayorship

The Mayor of Kampala, Hajji Nasser Sebaggala has asked vendors at Nakasero market in Kampala to support him retain his post as city mayor. Sebaggala said this on Monday at Kampala City Council head quarters while awarding Nakasero market vendors a market lease for five years. He says that since the management and re-development of […]

Turkish Airlines starts flights to Entebbe Uganda and Dar es Salam Tanzania

  People doing business between Turkey and East Africa have a reason to be happy following the start of direct flights from Turkey to Uganda and Tanzania. Turkish Airlines announced on Monday it has started its new three-times-weekly non-stop service between Istanbul, Entebbe (Uganda) and Dar es Salaam (Tanzania). Speaking at a press conference after […]

Kampala City Council hands over Nakasero market lease to vendors

   Kampala City Council has handed over the lease for development of the Nakasero market to vendors amidst heavy celebrations by the market vendors.  Vendors who have spent the entire morning marching through the streets of Kampala were carrying banners that expressed their pleasure for being given the control of the development of their market. […]

Uganda National Bureau of Standards backed to levy pre import tax

  The Ministry of Tourism, Trade and Industry has today defended Uganda National Bureau of Standard’s proposal to levy a pre import tax on goods coming into Uganda from USA, UK, Canada and China among other countries. In September last year, the Uganda National Bureau of Stands introduced the new tax scheme that requires importers […]

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