Business

Umeme’s gross profit jump 11% in 2018

The year 2018 was good business for national electricity distributor, UMEME as its gross profit grew 11 percent to Shs581 billion from Shs525 billion...

IMF commends Uganda’s macroeconomic performance and development gains over the last three decades

International monastery fund (IMF) has commended Uganda’s macroeconomic performance and development gains over the last three decades, including halving its poverty rate. This was during...

UNBS launches celebrations to mark 30 years of service

The Uganda National Bureau of Standards (UNBS) has launched celebrations to mark 30years of service with a blood donation drive in partnership with Uganda...

Tariffs Fall as Kenya and Uganda shares power

Kenya and Uganda have signed a new power purchase agreement (PPA) that facilitates bilateral power trade and takes into account new dynamics in the...

William Ssekabembe moots exiting Dfcu bank, as clients complain of mistreatment on social media

Dfcu’s Chief of Business and Executive Director at the bank William Sekabembe is said to be contemplating leaving the bank, according to sources close...

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