King Charles in Kenya: visit signals strong ties with Britain despite past tensions
King Charles visits Kenya this week, his first visit to a Commonwealth country since his coronation in September 2022
Uganda Business News
Rule of Law: the same old story in Uganda and continuing erosion worldwide
Report highlights the continuing decline in rule of law around the world as governments loosen constraints on their power and weaken fundamental rights – and little change in Uganda
NSSF buys 10.55% stake in Airtel as part of IPO
Government-run pension fund NSSF will take 10.55 per cent stake in Airtel Uganda as part of the telecom’s Shs800bn flotation
Coffee firm that pays farmers ‘competitive prices’ gets Sh3.2bn in investment funding
JKCC General Supplies says it buys coffee from rural farmers at fair prices and pays them on time, freeing them from extortionate middlemen
Airtel doubles incentive shares for IPO investors
Airtel Uganda has increased the number of bonus shares on offer to investors in its initial public offering on the Uganda Securities Exchange, days before the listing closes
US warns companies of risks of doing business in Uganda
Biden administration issues advisory warning of heightened operational risks in Uganda due to ‘endemic corruption’ and human rights restrictions
Economic growth climbs to four-year high
Uganda’s economy grew by 5.2 per cent in the twelve months to June, according to unadjusted Ubos estimates, which is still below pre-coronavirus pandemic levels
Investment survey ranks Uganda among top ten sub-Saharan prospects
Uganda is among the top ten countries in sub-Saharan Africa where companies are looking to invest or expand over the next few years
Bank of Uganda’s role in socioeconomic transformation
The Bank of Uganda’s mandate rests on three pillars: maintaining price stability, ensuring the safety and soundness of financial institutions, and managing the payments system
Government applauds Stanbic for supporting women-owned businesses
Stanbic Bank’s Women in Business Forum has provided Shs65bn in discounted loans to female entrepreneurs