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Energy Minister commissions Shs37b Biomass Plant in Luzira

The Minister for Energy and Mineral Development, Ruth Nankabirwa, has commissioned a Shs37 billion biomass plant at Uganda Breweries Limited in Luzira. The unveiling of...

Post Bank records Shs27.5b in profits in the last financial year

Post Bank has registered Shs27.5 billion in profits after tax, the just-released 2023 financial year results indicate. Julius Kakeeto, the managing director and CEO...

Uganda’s export earnings increase to Shs27.1t

Uganda’s export earnings have grown to Shs27.1 trillion, the State of the Economy Report rereleased by the Central Bank indicates. The growth is largely...

Gov’t targets to collect Shs1.9t from new taxes

Henry Musasizi, the Minister of State for Finance (General Duties) has revealed that the government of Uganda intends to generate Shs1.902 trillion from the...

BoU misleading public over Crane Bank Limited deregistration move – Kampala lawyers

The Bank of Uganda on April 3, 2024, issued a misleading notice on the legal status of Crane Bank Limited, quoting Section 7(1) (a)...

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