Browsing: Business

Museveni Tours Inspire Africa Coffee Plant

President Yoweri Kaguta Museveni has  visited the Inspire Africa Modern Coffee Park in Rwashamaire town, Ntungamo district. The coffee hub,is part of a pilot project by Inspire Africa, is set to benefit from a proposed $10m (Shs37b) government grant. The hub is designed to gather all graded coffee from farmers in the Ankole, Kigezi and…

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Traders Threaten To Close Shops After Meeting Museveni Over EFRIS

The leaders of traders’ associations have threatened to lock down their businesses again, displeased with the outcome of the Kololo meeting with President Museveni. They argue that President Museveni did not address any of their concerns about taxes at the much-anticipated meeting. However, the Uganda Revenue Authority spokesperson, Ibrahim Bbosa, urged the traders to have…

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Minister Anite,UIA Unveil Infrastructure Development In Kapeeka Industrial Park

In a significant stride towards bolstering Uganda’s industrial landscape, Kapeeka Industrial Park in Nakaseke district emerges as one of the focal points of transformative infrastructure development. Spearheaded by the Investment Minister and the Uganda Investment Authority (UIA) board and management, the launch of infrastructure construction within the sprawling 1280 acres park heralds a new era…

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URA Boss Musinguzi Urges African Countries To Work Together To Overcome Effects Of Slavery,Colonialism

The Uganda Revenue Authority commissioner general John Rujoki Musinguzi has urged African countries to work together and emancipate themselves from the effects of slavery and colonialism, which has kept them in the shadows. According to Musinguzi African countries face similar challenges, whereby the average tax- to GDP is at 16%, whereas in developed countries it…

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Dr. Nandi Netumbo Invites Tycoon Hamis Kiggundu to Build Modern Stadium in Namibia

Earlier today a Non-Aligned Movement (NAM) delegation, from Namibia headed by the president in waiting and the first-ever female president to be for Namibia Hon Dr. Nandi Ndaitwah Netumbo, and Uganda-Namibia ambassador H.E Hon Godfrey Kirumira, paid a courtesy visit to Hamz Stadium at Nakivubo war Memorial Grounds. The delegation was greatly fascinated by the…

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Great: UIA Scoops $900m Investment Deals In Diplomatic Partnerships

Uganda Investment Authority (UIA), an autonomous body dedicated to promoting and facilitating investment in Uganda, has once again demonstrated its prowess by attracting investors from Egypt, Turkiye, Qatar, Morocco and India During the recently concluded EA Investment Summit, organized alongside NAM, UIA’s top leaders and the Minister of State for Investment, Hon Evelyn Anite, effectively…

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