Business

Uganda’s banking sector stable – BOU Deputy Governor

Business
The Deputy Governor, Bank of Uganda Dr. Louis Kasekende has said the local banking industry is not close to suffering a systemic crisis. “Bank failures...

Sugar prices to go below Shs4, 500 – Kyambadde

Business
As Ugandans begin the Christmas season shopping, the average price for a kilogram of sugar in Uganda currently stands at Shs4, 500 and is...

Umeme invests Shs18 trillion in countrywide distribution upgrades

Business
Umeme has this year invested over Shs18.5 trillion (US$500m) in the distribution network and the restoration and expansion of the grid line for effective, reliable...

Govt denies okaying cheap sugar on Ugandan market

Business
Government has denied plans of importing duty-free sugar in a bid to reduce prices that have skyrocketed to about Shs 5, 000 a kilogramme. Trade...

Kutesa’s ENHAS sold to UAE businessmen

Business
The Entebbe Handling Services (ENHAS) has been acquired by a group of businessmen from the United Arab Emirates. According to a source, the sale of...
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