Business
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UBL appoints Sheila Sabune as Juliana Kaggwa’s replacement
Sheila Sabune has been appointed Uganda Breweries Limited (UBL) Corporate Relations Director, with effect from May, 1. Sabune has over...
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Uganda Airlines to add a notch to its belt with flights to Abu Dhabi
Uganda Airlines is set to start flights to Abu Dhabi, officials have said. On Wednesday, the Ugandan Embassy in Abu...
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After conquering region, Uganda Baati sets eyes on other African markets
Uganda Baati, has launched its 60 years’ anniversary celebrations as the company marks six decades of excellence in Uganda’s steel...
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BoU explains new rule for customers sending, withdrawing shs1m on mobile money to present national IDs
Bank of Uganda has explained the new rules that require customers carrying out transactions involving Shs1 million or more to...
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Equity Bank Kenya loses shs5.2bn in ATM fraud
A total of 551 Equity Bank-Kenya account holders had a field day at the automated teller machine (ATM), withdrawing up...
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291 businesses to benefit from UDB’s inaugural incubation program
Uganda Development Bank (UDB) has launched its incubator program under Enterprise Development Product (EDP) designed to prepare enterprises to become...
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Absa Bank posts shs146bn in profit after tax
Absa Bank Uganda has released its financial results for the year ended December 2023 in which it indicated that it earned shs146 billion in...
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New tax proposals could see decline in revenues, alcohol sector players warn gov’t
Alcholo sector players have warned that once passed by parliament, the new tax proposals in the Excise Duty (Amendment) Bill...
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BoU asks URSB to deregister Crane Bank
The Central Bank of Uganda has written to the Uganda Registration Services Bureau(URSB) asking it to deregister the defunct Crane...
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Airtel pays shs34.8bn in statutory levy to UCC
Telecom giants, Airtel Uganda have paid shs34.8billion to the Uganda Communications Universal Service and Access Fund for the year 2023...
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