Business, Companies, Energy, Finance, Hydrocarbons, Infrastructure, Investment

Annual oil convention due next week amid rising expectations

April 5

April 5—The 200-member Uganda Chamber of Mines and Petroleum (UCMP) will be holding their annual oil […]

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Business, Companies, Finance, Foreign News, Infrastructure, Transport

Djibouti slapped with $385m bill for breach of port contract

April 5

April 5—Authorities in Djibouti have been put in a tight and expensive spot after an arbitration […]

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Business, Companies, Foreign News, Travel & Tourism

Egypt Air announces Kigali service as Rwandair spreads wings to Kinshasa

April 4

North Afric​an carrier Egypt Air will start a twice weekly service to Kigali starting April 27, […]

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Business, Companies, Markets, Trade & Industry

Dry spell dampens economic activity to push down March PMI

April 4

April 4—The continued dry spell into March hurt farming which in turn dampened general business activity […]

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Business, Companies, Real Estate & Property, Trade & Industry

Shoprite opens fifth store in Uganda

April 3

South African retailer Shoprite will on April 4, open its fifth store in Uganda completing the […]

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Business, Companies

Hilton to debut two properties in Kampala

March 29

After two unsuccessful bids to get a foothold in Uganda’s hospitality industry, global hotel chain Hilton […]

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Business, Companies, Foreign News

Airbus floors Boeing in subsidies row

March 29

Airbus and the European Union have secured a landmark ruling against Boeing and the United States […]

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Business, Companies, Finance, Financial Services, Investment

With another solid year, Stanbic Uganda’s 2018 dividend overtakes growth in income

March 28

Stanbic’s Uganda unit has is proposing an 8pc increase in the dividend payable to stockholders against […]

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Business, Companies, Infrastructure, Transport

NPA clears air over Uganda Airlines ownership

March 27

Ninety-nine percent of the stock in Uganda Airlines remains unsubscribed because it is being held in […]

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Business, Companies, Finance, Financial Services

dcfu Bank net profit drops by nearly 50 pc in 2018

March 27

March 27—It has been a less than gratifying 2018 for dfcu Bank as profit after tax […]

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