News

The government and the private sector have launched a five year program that will help unlock the potential of Uganda’s exports sector. Named the Public-Private Exports Logistics Development Programme (PPELDP), …

BOURBON announces that it has been awarded a new fully integrated logistics contract by an Oil & Gas major operator to support its exploration campaign and the drilling of its …

Hapag-Lloyd, a global shipping leader, reported strong financial results for the first nine months of 2024. Despite challenging market conditions, the company achieved a Group EBITDA of USD 3.6 billion …

Insurance companies have been implored to build trust from their clients by changing in ways that enhance profitability and deliver sustained outcomes. Speaking during a CEO breakfast organized by the …

The  government has announced the opening of three new frontier basins for petroleum exploration, a strategic step to strengthen the nation’s petroleum reserves and expand its oil production infrastructure. These …

Kuehne+Nagel has acquired a 51% majority stake in IMC Logistics (IMC), a prominent US-based provider of marine drayage services. Announced jointly by the two companies, this acquisition positions Kuehne+Nagel to …

SeaLead, a rapidly expanding global shipping line, has announced the launch of its revamped ANIDEA (Asia and India, East Africa) service, connecting the Far East, West India, and East Africa. …

The Port of Mombasa recorded a 14% increase in cargo handled from January-October period with Uganda contributing to bulk of the performance. The Port handled 33,779,255 tons against 29,662,851 tons …

Uganda has taken a significant dive forward to enhance export logistics capabilities following the completion of a multi-modal logistics hub in Gulu. This was announced during the National Export Logistics …

The National Information Technology Authority-Uganda (NITA-U), alongside key partners, has launched Uganda’s first Consumer Protection Portal to enhance consumer rights and accountability within the country’s burgeoning digital sector. Unveiled at …

The recent slide of the Ugandan shilling against major foreign currencies has sent shockwaves through the economy, with everyday Ugandans feeling the squeeze on their wallets. As the currency weakens, …

Kigali is the center of Africa’s public procurement community this week. In time for this year’s Africa Public Procurement Network conference, hosted by Rwanda’s Public Procurement Authority (RPPA), the agency …

The Connect for Culture Africa (CFCA) report on the Baseline Study and Stakeholder Mapping for Public Investment in Uganda has highlighted the insufficient prioritization of public funding for the cultural …

The Ugandan government has expressed satisfaction with the impact of the Digital Tax Stamps (DTS) program on enhancing tax compliance and market integrity. The Ministry of Finance’s Principal Economist, Isaac …

Uganda Airlines is “moving closer to profitability” as revenue targets are in sight, but focus is on network and fleet expansion, according to management. The year 2024 has been busy …

In an increasingly digital and automated world, material handling has evolved to meet the demands of high-speed operations, precision, and sustainability. Industries ranging from manufacturing to warehousing rely on efficient …

Africa’s potential for industrial growth is vast, with natural resources, a youthful labor force, and growing political will paving the way for development. However, infrastructure remains one of the continent’s …

Kampala — MTN Uganda reported an impressive 29.6% year-on-year increase in profit after tax for the nine months ending September 30, amounting to Shs459.4 billion. The telecom giant attributed this …

In the competitive world of e-commerce, choosing the right fulfillment partner can make or break your business. With consumers expecting quick, reliable, and cost-effective delivery, outsourcing order fulfillment has become …

Government of Uganda has signed a Euro 2.7 billion contract for the construction of the Eastern Route Standard Gauge Railway (SGR) line. The construction will cover 272KM between Tororo and …

Africa’s diverse landscapes and burgeoning consumer markets are shaping a vibrant economy, especially within the food and agricultural sectors. However, ensuring that perishable goods like fresh produce, dairy, and seafood …

The Uganda Revenue Authority (URA) has issued a clear and firm reminder to its suppliers regarding the importance of tax compliance in fostering strong and sustainable business relationships. During the …

Tanzania’s recent launch of its first electric train marks a groundbreaking milestone in the nation’s transportation landscape and signifies a leap toward sustainable development in East Africa. This ambitious project, …

Uganda’s tax revenue losses are projected to decrease as commodity prices are expected to fall, according to Ramathan Ggoobi, Permanent Secretary and Secretary to the Treasury. Speaking at the launch …

The Minister for Finance, Matia Kasaija has said the launch of an online platform for payment of marine cargo insurance is a gamechanger in revenue collections by government and reducing …

MTN Uganda CEO Sylvia Mulinge. The telecom giant is steadfast in its position, asserting that the tax assessment does not accurately reflect its operations or compliance with Ugandan tax laws. …

SSangYong Engineering & Construction (E’C), a subsidiary of the Global Sae-A Group and a prominent international player in the construction sector, has successfully completed the Bata International Airport Passenger Terminal. …

The High Court in Kampala has dismissed a suit filed by a Kenyan company Alcon International against the National Social Security Fund (NSSF) seeking the return of plant, machinery, equipment, …

The African air cargo industry stands at the precipice of transformative growth, thanks to digitalization. As trade volumes increase and demand for streamlined logistics intensifies, Africa is turning to digital …

According to the latest Money Laundering and Terrorism Financing Tax Crimes and Proceeds Risk Assessment Report for Uganda, tax crime is the second generator of illicit proceeds for money laundering …

The Bank of Uganda (BoU) has reassured Ugandans that damaged banknotes and coins can be easily exchanged at any BoU branch or commercial bank across the country. In a recent …

A renewable energy firm is set to address part of the garbage crisis in the Kampala Metropolitan Area, showing significant progress and capacity, but sluggish government action has left the …

Under its new guidelines to streamline passenger baggage clearance procedures, the Uganda Revenue Authority (URA) will now collect taxes on any dutiable items in passenger baggage exceeding 50 kilograms. These …

In a bid to  promote local content and strengthen Uganda’s oil and gas sector, CNOOC Uganda Limited has  launched  of a comprehensive free online enterprise development program aimed at empowering Small …

The Sustainable Public Procurement (SPP) Policy Framework that was approved by the Cabinet on October 18 is a milestone in the country’s pursuit of sustainable development and green economic growth, …

East African Community Headquarters, Arusha, Tanzania, 25th October, 2024: East African Community (EAC) Partner States have been called upon to eliminate all physical and non-physical barriers to transportation to enhance cross-border …

For five challenging years, Nick Mugira, the founder and managing director of Inspecta Africa, pursued a vision that many considered unattainable. It centred on Uganda’s budding oil and gas sector, …

‘’The Sustainable Public Procurement (SPP) Policy Framework, which Rwandan Cabinet on officially approved on October 18, 2024, is a milestone achievement in the country’s pursuit of sustainable development and green economic growth’’, as stated …

Uganda Breweries was crowned the overall winner of the 2024 Corporate Governance Awards and the winner in the large private sector entity category during an event that was held at …

The Government of Uganda, through the Ministry of Works and Transport, has officially signed a contract to construct the 272 kilometer-169-mile Tororo – Malaba Standard Gauge Railway line section with …

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 …