Ojangole announces the latest Fitch assessment during a news conference during mid-week at the UDBL headquarters in Kampala
Business, Companies, Finance, Financial Services, Investment, Policy

Uganda lender UDB allowed to retain 2018 profits

May 2

The finance ministry has allowed patient lender Uganda Development Bank UDB, to plough the UGX 9.49bn […]

Read more
Business, Finance, Policy

Tax Alliance calls for Uganda first policy

April 30

The Tax Justice Alliance Uganda TJAU, a collective of civil society organisations active in the governance […]

Read more
Business, Travel & Tourism

Ugandans call for reprisal over South African visa denials

April 30

Pressure is mounting on Uganda’s ministry of foreign affairs to retaliate against the Republic of South […]

Read more
Business, Companies, Investment, Markets

NIC sounds profit warning

April 28

Listed underwriter NIC Holdings Limited has issued an advisory to stockholders warning of a negative balance […]

Read more
Business, Companies, Energy, Hydrocarbons, Investment

Oil majors consider holding off FID until after 2021 elections

April 27

Anxious about the trajectory the country’s politics is taking, oil majors Total E&P and Chinese counterpart […]

Read more
Business, Infrastructure, Trade & Industry, Transport

Double jeopardy for Uganda as Kenya halts SGR development

April 27

Uganda faces diminishing options for its SGR development after Kenya, on whom it had banked for […]

Read more
Business, Companies, Energy, Hydrocarbons, Investment

Tullow Oil says close to tax deal with Uganda government

April 26

April 26—London-based Tullow Oil told shareholders on Thursday, a Final Investment Decision (FID) on a joint […]

Read more
Business, Foreign News, Travel & Tourism

New air routes could add $29bn to Africa’s revenue

April 25

New intra-African air routes could yield $29 billion in direct revenue, delegates to the fourth edition […]

Read more
Business, Companies, Foreign News, Travel & Tourism

Uganda Airlines CRJ makes surprise appearance in Cape Town

April 25

One of Uganda Airlines new CRJ-900 jets has embarked on an African tour under a partnership […]

Read more
Business, Finance, Financial Services, Foreign News, Investment

Kenyan fintechs take bulk of $1 billion invested in African start-ups

April 24

April 24–Kenyans took the lion’s share of the over $1 billion that went into African start-ups […]

Read more