News

The Minister of Works and Transport, Gen. Edward Katumba Wamala today morning commissioned two state-of-the-art fire trucks at Entebbe International Airport. He was flanked by the Minister of State for Transport, …

Distributor, Uganda Electricity Distribution Company has said it intends to invest at least shs849 billion  in the next three years as it takes over of  the country’s power distribution network …

East African Community Headquarters, Arusha, Tanzania, 22nd  October, 2024:  The 19th Meeting of the East African Community (EAC) Sectoral Council on Transport, Communications and Meteorology is currently underway in Mombasa, Kenya …

The Uganda Revenue Authority (URA) has rolled out new measures aimed at streamlining passenger baggage clearance at Entebbe International Airport. Effective July 1, 2024, these updates align with amendments to …

The Speaker of Parliament, Anita Among, has launched an anti-counterfeit expo at Parliament, emphasising the need to combat counterfeit products that pose a significant threat to public health. According to …

The Minister of Trade, Industry and Cooperatives, Hon. Francis Mwebesa, has urged UNBS to support the industrial sector in line with SDG 9. He made the remarks during a press conference to …

East African partner states have welcomed the signing of the deal for the construction of the Standard Gauge Railway by Uganda. On Monday, the Ugandan government signed a landmark $3 …

The Ugandan government and Turkish construction company Yapi Merkezi signed a three-billion-dollar contract on October 14, 2024, to build the first phase of the country’s 1,700-kilometre Standard Gauge Railway (SGR) …

URA Commissioner General, John R. Musinguzi The Uganda Revenue Authority Commissioner General, John R. Musinguzi, has called upon the Customs staff to use the law while dealing with smugglers. Section …

Government has  revealed that the contract for Tibet-Hima, the Concessionaire for Kilembe was canceled after the Chinese investor demanded to carry out of Uganda 30,000 metric tons of gold, copper and …

The government has provided an explanation for the termination of its contract with Tibet-Hima, a Chinese company that was contracted to revive Kilembe Mines. The termination followed Tibet-Hima’s request to …

Insurance companies in Uganda raised shs933.8 billion in gross written premiums in the first half of 2024, a sector performance report by the Insurance Regulatory Authority(IRA) has indicated. Gross written premium is …

NATIONAL | The Uganda Revenue Authority (URA) is at the centre of a brewing scandal, accused of enabling a Shs231 billion tax evasion scheme involving animal feed concentrate importers. Over …

Increased advertising by companies during September played a role in sustaining strong business output and attracting new clients as the headline Stanbic Bank Purchasing Index (Stanbic PMI) dropped slightly to …

  During a panel discussion held on Tuesday in Pakwach District, URA officials, alongside other key stakeholders, called for urgent action to strengthen anti-smuggling measures and protect legitimate businesses. The …

Mr Zhang Jichang, Vice President of China Petroleum Pipeline Engineering Company (CPP), the contractor undertaking construction of the 1,443-kilometre East African Crude Oil Pipeline (EACOP), paid a courtesy call to …

In a world increasingly focused on sustainability and customer satisfaction, reverse logistics has emerged as a critical element of effective supply chain management. Reverse logistics—focused on returns, recycling, refurbishing, and …

Bulgarian public gas supplier Bulgargaz said on Friday that it has selected UK-based TotalEnergies Gas and Power as the winner in a public tender to deliver 1 million MWh of …

KAMPALA, Oct 2 | Procuremate Magazine – Uganda has formed a state-owned mining company to manage the government’s equity interests in mining operations, its minister for energy and mineral development, …

The Science, Technology, and Innovation Secretariat, in collaboration with Open Start-up Tunisia and FutureLab hosted a 3-day inaugural Uganda Deep Technology Summit. The summit focused on shaping Uganda’s deep tech …

At the conclusion of Climate Summit Conference of Parties (COP) 28 in Dubai, United Arab Emirates, in December 2023, member states committed to rapidly decarbonising their energy systems to keep …

The Uganda Revenue Authority (URA) registered a 13 per cent growth in Value Added Tax (VAT) in the year ended 30 June 2023. This is contained in a report of …

TradeMark Africa (TMA), an organization focused on promoting trade and economic development across African nations, has launched a new initiative aimed at enhancing value addition in Uganda’s agricultural sector. Since …

Joint Medical Store (JMS), in collaboration with the Ministry of Health and the United Nations Population Fund (UNFPA), has unveiled an integrated online ordering system designed for private, non-profit health …

Fuel companies have said the current reduction in pump prices in the country can only be credited to the Uganda National Oil Company’s move to be the sole importer of …

The Global Africa Business Initiative (GABI) flagship event  has wrapped up in New York, successfully concluding a two-day summit held alongside the UN General Assembly. Themed “Unstoppable Africa: Shaping Global …

The Minister of Finance Matia Kasaija has dissolved the board of directors of Uganda Investment Authority (UIA), Chimp Corps report. The Minister earlier this week wrote to the UIA, informing …

Uganda has signed two critical export protocols with China, marking a new chapter in the country’s agricultural trade. The agreements, finalized during the 9th Forum on China-Africa Cooperation held in …

The enforcement of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) by the Uganda Revenue Authority (URA) has significantly disrupted Uganda’s business environment, with 51% of surveyed enterprises reporting negative …

China Petroleum Pipeline Engineering Co. Ltd, the construction contractor for the East African Crude Oil Pipeline (EACOP) Ltd, has today received a delivery of 9 trucks from the coating plant …

Officials stressed the importance of local content to the oil economy   Kampala, Uganda | Procuremate Magazine |  The National Oil Company-UNOC has commended players in the oil and gas …

Share of Dar’s exports to DRC rises to 4.4 percent as that of Kenya and Uganda reels from trade wars Tanzania is now exporting more of its goods to the …

Manish Kalla, the General Manager at Tembo Steels (U) Ltd Tembo Steels (U) Ltd (TSUL), one of the most diversified and integrated manufacturers of steel products in Uganda and Africa at large, is revolutionizing …

Ramadhan Ggoobi, the permanent secretary in the Ministry of Finance, has called for government and partner support for small and medium enterprises (SMEs) with affordable capital to foster growth. At …

Lawmakers on Parliament’s Agriculture Committee have raised concern over the increased occurrence of aflatoxins in food produced in Uganda, with many admitting to losing residents in their areas to aflatoxins-induced …

Samuel Opio, Vice Chairperson, Parliament’s Health Committee, has raised concern over the discriminatory practices at abattoirs and slaughterhouses that ban the slaughter of pigs on these premises, saying this imposes …

Parliament has learned that the managers of Suuma Construction Company are forcing Ugandans working at the construction of Hoima Stadium to test for HIV, and those found HIV positive have …

National Social Security Fund (NSSF) members will get 11.5% as interest for their savings and this will be credited to their accounts. The development was announced  the Ministry of Finance …

Savers with the National Social Security Fund (NSSF) will share shs2 trillion following the announcement of a 11.5% interest rate  on their savings. The record  shs2 trillion will be paid …

The Appeals Tribunal of the Public Procurement and Disposal of Public Assets Act (PPDA) has cancelled a World Bank-funded procurement bid for 2,000 computers intended for government use, citing non-compliance …

State Minister for Investment, Evelyne Anite, has urged Ugandans to embrace industrialization and value addition in agriculture and mining, calling for a shift away from Uganda’s reliance on imports. Speaking …

Uganda’s fresh fruit and vegetable export sector has raised concerns over increasing threats due to a rise in interceptions at international borders, particularly in the European Union market.. During a …

Kampala, Uganda | Procuremate Magazine | Pay TV firm, MultiChoice Uganda is set to increase its pay TV subscription fees by up to 6%, effective October 1, 2024. The price …

Planes at Entebbe International Airport Uganda Civil Aviation Authority (UCAA) has revealed that Entebbe International Airport facilitated a total of 212,701 international passengers in August 2024. This is an average of 6,861 …

Uganda exported 837,915 60-kilo bags of coffee in August Uganda’s coffee exports in August 2024 amounted to 837,915 60-kilo bags, worth US$ 221.63 million (UShs820bn), Uganda Coffee Development Authority (UCDA) …

Insurance companies have been urged to leverage technology to come up with customized products for customer needs. “If the industry is to grow, there is going to be a need …

Coffee and cocoa exporters have been urged to put in place risk management strategies to protect their business from volatile currency, and commodity prices, and ensure business stability, to achieve …

Uganda’s banking sector is undergoing a transformative shift, driven by rapid technological advancements and innovation. With a growing population, increasing smartphone usage, and a youthful demographic eager for financial inclusion, …

KCB Bank Uganda has announced the launch of an innovative online bid bond application platform designed to revolutionize the way businesses secure bid bonds. This cutting-edge platform allows customers to …

The State House Revenue Intelligence and Strategic Operations Unit is intensifying its operations creating avenues through which to collaborate with the general public. While announcing the new move, President Yoweri …