Imports from China fell in January, forcing through a drop of Shs6b in Uganda’s import bill from the world’s second largest economy. This is a
Category: Business
Ethiopian Airlines refuses to stop China flights
Africa’s largest carrier Ethiopian Airlines has once again refused to cancel flights to China despite rising pressure following the coronavirus outbreak. By contrast, South African
African airlines lose $400m since a virus outbreak
African Airlines have lost $400m (£312m) since the outbreak of the coronavirus in China in February, according to the global airline industry body. The epidemic
NI firm awarded government project
A Northern Ireland construction firm has been awarded a major UK government project in Africa. Belfast-based Lagan will develop the Kampala Industrial Business Park in
Gas suppliers cheating clients through irregular labelling
Uganda National Bureau of Standards (UNBS) has said irregular and misleading labelling of Liquefied Petroleum Gas (LPG) cylinders is growing and increasingly becoming a threat
Fire guts Ham shopping Centre
A fierce fire has this morning ravaged Ham Shopping Centre in downtown Kampala destroying property worth millions of shillings. The shopping center is located directly
Increased dollar inflows strengthen shilling
Increased dollar inflows, especially from offshores non-governmental organisations and export receipts have shielded the shilling leading to sustained appreciation since beginning of the year. In
URA to introduce digital stamps
The Uganda Revenue Authority is set to ease the import process with the newly-installed digital tax stamp system. The digital stamps, which are to be
The Middle East leads Uganda’s exports market, earnings
Uganda exported more goods to the Middle East than any other region for the year ended July, according to data from Bank of Uganda.In a
Museveni promises oil production in two years
President Museveni has said he will in the next two years use Uganda’s oil to fund construction of road projects if donor partners fail to