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Home » Business » Page 9

Category: Business

KCCA starts crackdown after Museveni directive on traders hiking commodity prices
Business Featured News

KCCA starts crackdown after Museveni directive on traders hiking commodity prices

March 26, 2020March 26, 2020

Kampala Capital City Authority has started a crackdown on traders who have taken advantage of the ongoing coronavirus crisis to hike prices for commodities. On

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Construction of regional market at Mutukula border post starts
Business Featured

Construction of regional market at Mutukula border post starts

March 17, 2020March 17, 2020

Uganda is set to construct a regional market at Mutukula border post that will encourage trade with its Tanzanian neighbour. Speaking to the media ahead

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Allibhai: Man with 700 departed Asians’ properties
Business Featured

Allibhai: Man with 700 departed Asians’ properties

March 16, 2020March 16, 2020

When former president Idi Amin expelled Asians who did not hold Ugandan citizenship from Uganda in 1972, he allowed those who had registered properties to

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Avoid high-interest loans
Business Featured

Avoid high-interest loans

March 14, 2020March 14, 2020

The State Minister of Microfinance, Mr. Haruna Kyeyune Kasolo has asked owners of small scale enterprises to shun loans from commercial banks which he says

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Emirates cancels flights from Dubai to Uganda
Business Featured

Emirates cancels flights from Dubai to Uganda

March 13, 2020March 13, 2020

Emirates Airlines has canceled some flights from Dubai to Entebbe International Airport in Uganda, citing operational reasons. The airline on Thursday issued a statement revealing

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Emirates suspends flights to and from Entebbe until April 29
Business Featured News

Emirates suspends flights to and from Entebbe until April 29

March 13, 2020March 13, 2020

Emirates Airline has cancelled some flights from Dubai to Entebbe International Airport in Uganda, citing operational reasons. The airline on Thursday issued a statement revealing

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Ham  takes on DTB in fraud accusations fallout
Business News

Ham takes on DTB in fraud accusations fallout

March 12, 2020March 12, 2020

The Managing Director Ham Enterprises Hamis Kiggundu has given Diamond Trust Bank (DTB) an ultimatum of 5 days to recover all the money “taken illegally”

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UPDF spends extra Shs400 billion in classified expenditure
Business News

UPDF spends extra Shs400 billion in classified expenditure

March 11, 2020March 11, 2020

Ministry of Defence and Veteran Affairs has spent an additional Shs400 billion in classified expenditure over and above what was provided and approved in the

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NC Bank takes over Jomayi Property Consultants over UGX868M debt
Business Featured

NC Bank takes over Jomayi Property Consultants over UGX868M debt

March 10, 2020March 10, 2020

The NC Bank Limited has announced the takeover of all assets of Jomayi Property Consultants Limited after the company failed to pay a loan to

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Uganda’s loan request to build a railway rejected
Business Featured

Uganda’s loan request to build a railway rejected

March 10, 2020March 10, 2020

China’s Exim Bank has once again rejected Uganda’s fresh application for a standard gauge railway loan, indicating a longer wait for Kampala’s dream of realizing

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