Monitor Publications Limited, part of the Nation Media Group, became the latest media company to cut salaries of its employees in response to a decline in revenue caused by the coronavirus outbreak
The Petroleum Authority of Uganda announced the appointment of four new board members Friday
The International Monetary Fund said on Wednesday that it had approved a $419.5m (Shs1.6 trillion) loan to Uganda to help combat the economic fallout of the Covid-19 coronavirus pandemic
The drugmaker Cipla Quality Chemical Industries Limited faces a net operating loss for the year to March 2020 after a delay in payment of debt owed by the Zambian government, the company said in a profit warning
NIC Holdings has said it is postponing the release of its 2019 results due to delays caused by the lockdown instituted to control the spread of the Covid-19 coronavirus
Six companies listed on the Uganda Securities Exchange have postponed their annual general meetings due to the coronavirus outbreak, the bourse said in a statement
Business activity in Uganda’s private sector shrunk at the fastest pace on record in April, according to a survey, playing up the economic impact of the lockdown instituted to check the spread of the coronavirus and the global Covid-19 pandemic
Uganda consumer prices rose moderately in April due to an increase in the prices of food staples, as measures implemented to check the spread of the coronavirus disrupted supply chains and drove up demand
Regional analysts in the oil exploration and production sector have described last week’s sales and purchase agreement between Tullow Oil PLC and Total E&P Uganda as a ‘win-win’ boost for all players, and one that opens a new chapter for East Africa’s energy industry
Uganda’s coffee exports grew strongly in March compared to a year earlier, figures from the regulator showed, but declined from the previous month due to a fall in prices