Browsing: Business

UMA Calls On Govt To Retaliate Following Kenyan Ban On Exports

The Uganda Manufacturers Association (UMA) has urged government to consider retaliation mechanisms against the Government of Kenya, for what they termed as ill treatment of Uganda and severe injury to investment. Following the persistent ban on Ugandan exports to Kenya, traders have called for retaliation saying the diplomatic way has failed. “Our very blunt demand…

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Entebbe Airport Expansion to Displace Kigungu Residents

The Uganda Civil Aviation Authority-UCDA plans to displace residents of the neighboring Kigungu village for further development and expansion of Entebbe International Airport. The plan was disclosed by UCAA officials during an onsite visit and meeting with members of the Parliamentary Committee on Works and Infrastructure on Thursday. UCAA Director General Fred Bamwesigye told MPs…

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MTN Foundation Picks 25 Projects for MTN Changemakers Initiative

MTN Uganda’s corporate social responsibility arm, MTN Foundation, on October 26th, announced the selection of 25 projects for the inaugural MTN Changemakers Initiative. This groundbreaking initiative, tailored to create a lasting impact on the lives of millions in Uganda, with a particular focus on youth, women, persons with disabilities, and underserved communities, resonates with the…

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Goldstar Insurance: Scaling New Heights with AA Credit Rating from GCR

One of Uganda’s oldest Insurance Company; Goldstar Insurance Company Ltd, is on the ascent as it proudly secures an impressive AA credit rating from the esteemed Global Credit Rating (GCR). This milestone underscores the company’s unyielding commitment to excellence and its solid standing within the insurance sector. The two-level elevation in its credit rating is…

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Big Boost! NSSF Declares 10% Interest Rate For Savers For the FY 2022/2023

The National Social Security Fund (NSSF) hosted its 11th Annual Members’ Meeting, an event that showcased the Fund’s outstanding performance, the challenges it overcame, and its vision for the future. The meeting brought together key figures in Uganda’s financial and social development sectors and provided an opportunity to reflect on the achievements of the past…

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