Browsing: Business

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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Zahara Totto Scoops Ambassadorial Role At Uganda Aviation Academy, Gets Scholarship

Ugandan entertainment media personality  Nalumansi Zahara aka Zahara Toto continues to open more pathways in her life, showcasing an unyielding commitment to personal and professional growth. Totto, a prominent figure at Next Media Services, has made a groundbreaking decision to enter the field of aviation, seamlessly integrating this new venture with her existing media prowess.…

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Top 10 Weakest Currency Rates in Africa

Exchange rates are important in the global economy because they influence international trade, investments, and tourism. Understanding how exchange rates function and how they affect different sectors of the economy is critical for businesses, tourists, and governments. Exchange rates show how valuable a currency is in relation to other currencies. The strength of a country’s…

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