Parliament Rubbishes Govt Statement On Fuel Spike
A statement from the Minister of State for Energy, Hon. Sidronius Okaasai, on the unmitigated spike in fuel prices has...
Business
Revealed: The $1.1 Billion Project Set To Reshape Kenya And Tanzania’s Energy Market
The sale to rehabilitate the now-defunct state-owned Kenya Petroleum Refineries Ltd (KPRL) was finalized by Kenya, clearing the way...
Top 10 African Countries With The Highest GDP Per Capita
Gross Domestic Product (GDP) per capita stands as a fundamental metric in the realm of economics, offering invaluable insights into...
Fostering Economic Dev’t! President Museveni Commissions 16 New Factories At Sino-Uganda Industrial Park In Mbale
President Yoweri Kaguta Museveni has attributed Uganda’s flourishing Industrial sector to the good policy decisions made by the National Resistance...
BRICS Nations Convene To Curb Chokehold Imposed By The West On Global Economy
Leaders from BRICS, a loose collection of nations accounting for a quarter of the world's finances and aiming to dominate...
Tanzania Witnesses 15 Bank Closures Amidst Sector Consolidation
In Tanzania, at least 15 banks have closed in the previous five years as financial sector consolidation picks up speed....
Top 10 African Countries With The Highest Inflation Rate, Mid-Way Into 2023
Inflation, the relentless rise in prices of goods and services over time, has been a persistent concern across several African...
President Museveni Meets Nexus Green Officials Over Solar-Powered Irrigation
President Yoweri Kaguta Museveni yesterday August 15th, 2023, met and held discussions with a delegation from Nexus Green led by...
Bank Of Uganda Cuts Lending Rate To Boost Growth As Inflation Slows
Uganda's central bank(Bank of Uganda) has cut its main lending rate on Tuesday for the first time in more than...
South African Businesses To Support Uganda Gov’t Attract Foreign Direct Investment
South African businesses in Uganda and key local institutions including MTN Uganda, Absa Bank Uganda, Sanlam, Nile Breweries Limited, Stanbic...
