Taxi and bus operators plying different routes countrywide have announced they will increase transport fares over rising fuel prices. Fuel prices remain high, three months after government assured Ugandans of stability. A litre of petrol now goes for between Shs5,000 and Shs5,500 while that of diesel is at Shs5000. Uganda Taxi Operators’ Federation (UTOF) officials…
Asked about the category of passengers Uganda Airlines carries on the Dubai route, Rahim said they are mainly business travelers, traders, labor exports, tourists, and permanent residents of the UAE. She adds that the outbound goods range from main vegetables, coffee, and raw materials, among others, while the inbound ranges from machinery, manufactured goods, textile,…
A Government of Uganda delegation will travel to the Democratic Republic of Congo at the end of the month to negotiate business deals aimed at boosting Uganda’s economy. This was revealed by the State Minister for Trade, Hon. David Bahati, on Tuesday, 19 April 2022 while responding to issues raised in the report from the…
Speke Resort Munyonyo will next month host the Turkey and Uganda bilateral trade and tourism summit in Kampala, Uganda’s capital. This was confirmed by Turkey’s Ambassador to Uganda Kerem Alp and Uganda’s Minister for Privatization and Investment Evelyn Anite who said the summit will be hosted at Speke Resort Munyonyo from May 10-11 under the…
Last week, Justice Stephen Mubiru from Commercial Court dismissed the application by city businessman Peter Kamya in which he asked for a temporary injunction in a bid to stop Meera Investments and Luwaluwa Investment from selling or transferring his former properties to other names. Properties in question include Afrique Suites Hotel on Mutungo Hill which…
The Commercial Court has dismissed an application by city architect Peter Kamya in which he sought a temporary injunction stopping the sale or transfer of his property Simbamanyo house on Lumumba Avenue and Afrique Suites Hotel in Kampala. On October 8, 2020, Equity Bank sold Afrique Suites Hotel on Mutungo Hill to Luwaluwa at $4,350,000…
The government of Kenya Wednesday signed deportation papers for Rubis Energie Kenya Managing Director Jean-Christian Bergeron as it fought back against oil marketers it accused of abetting a petroleum crisis through hoarding and higher exports despite shortages in their domestic retail outlets. High-ranking government sources told the Nation that the MD is accused of economic…
Kira Young Foundation boss Jimmy Lukwago has awarded his foundation diehards who has been there for him after and before politics when he contested for Kira Municipality MP seat on NUP ticket against FDC’s Hon. Ibrahim Ssemujju Nganda. The land he awarded to the 10 members is in Seeta Mukono near Ridar Hotel. “I have…
The Electricity Regulatory Authority (ERA) has launched a Biomass-to-Electricity pilot project at Mwanamugimu Nutrition unit in Mulago Hospital. Dubbed Biomass to Electricity cooking, the clean cooking pilot project was launched Tuesday, April 12, 2022 and is intended to eliminate use of carbon-based fuel Like charcoal and firewood and replace it with clean cooking using electricity.…
Uganda’s financial industry risks being blacklisted by international systems for failure to put in place measures that can effectively prevent financial crimes like money laundering. This is a requirement by the Financial Action Task Force (FATF), a global inter-governmental organisation on the initiative of the G7countries to develop policies to combat money laundering and terrorism…
