Business

Parliament pension scheme pays Shs9.135b in retirement benefits to its members

The parliamentary pension scheme has paid Shs9.135 billion in retirement benefits to its members in 2023. The revelation was made during the 12th Annual General...

DTB, TerraPay, partner to ease global money transfers in Uganda

Diamond Trust Bank has partnered with payment services company, TerraPay, to cut by more than half the cost of sending money from other countries...

Sunbird Resources gets a license to mine limestone in Moroto District

Sunbird Resources Limited has been granted a 21-year large-scale mining license to excavate 8000 metric tonnes per day of vital limestone in Rupa Sub-county,...

Gov’t commissions 132-kilovolt electricity transmission project

The State Minister for Energy, Okaasai Opolot, has commissioned the 132 kV Gulu-Agago Achwa Transmission Project at the Agago Substation in Pader District. Initiated in...

Bukoto white flats face demolition as National Housing, Reportage partner to build 200 units

The National Housing and Construction Company (NHCCL) has partnered with Reportage Properties to construct 200 residential and commercial housing units in Kampala. The Shs116.3 billion...

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