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Business - Page 3

Businessman Bitature: I am who I am because of Dr. Sudhir

In a rare moment of reflection and gratitude, Patrick Bitature, one of Uganda’s most accomplished entrepreneurs, has publicly acknowledged the profound impact of fellow business mogul Dr Sudhir Ruparelia on his journey in the corporate world. Speaking to youths about the significance of
March 18, 2025

BOU Winds Up Mercantile Credit Bank Due To Insolvency

The Bank of Uganda has taken action to place Mercantile Credit Bank Limited under liquidation, revoked its license, and ordered the winding up of its affairs due to issues such as insolvency, under-capitalization and poor corporate governance. In a statement released by
June 19, 2024

How High Taxes and Big Debt Threaten EA Growth

East Africa’s finance ministers on Thursday tabled a raft of measures for expanded expenditure plans for the 2024/2025 fiscal year with a keen eye on debt repayment and reliance on domestic revenues to run government operations. These measures effectively set the stage
June 17, 2024

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
May 22, 2024

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
January 20, 2024
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