Private sector activity slowed in October, PMI shows
Business activity in Uganda’s private sector slowed in October as the services, wholesale and retail sectors reported declines, according to a closely watched survey
Uganda Business News
Mobile money, data drive MTN revenue growth in Q3
MTN Uganda’s revenue for the first three quarters increased by 15.9% compared to the same period last year
AGOA critical to jobs, sustainable growth — Standard Bank
African Growth and Opportunity Act provides critical support for Africa to grow manufacturing and expand markets
Vision Group: Notice of Annual General Meeting
Vision Group will hold its Annual General Meeting on 23 November at its headquarters in a hybrid format (partly physical and partly virtual using electronic means)
Why Uganda is entering exclusive fuel supply deal with Vitol
Uganda’s decision to give the Dutch Vitol Group exclusive rights to supply its fuel was prompted by frustration at being kept in the dark about a similar deal between Kenya and two Gulf states
MMAKS Advocates appoints Godwin Kakande as partner
The partners at MMAKS Advocates, one of Uganda’s most prominent law firms, appointed Godwin Kakande as a partner
Benchmark Solutions signs Shs43.8bn funding deal with Mbarara Makhan Singh Association to renovate market
The Shs43.8 billion loan will be used to transform the outdated market into a modern, seven-storey shopping centre
How Africa can leverage diaspora funding for greater impact
More than $53bn in remittances were sent to sub-Saharan Africa in 2022, compared with $30bn in foreign direct investment and only $29bn in official development assistance
Consumer inflation slows to lowest level in two years
Consumer prices down for ninth month in a row despite sharp rise in energy prices
Chinese supplier meets deadline for first 100km of ‘smart crude’ pipeline
First batch of 100 kilometres of line pipe for the East African Crude Oil Pipeline has been completed and is being shipped from China to the port of Tanga in Tanzania