Absa Uganda takes earnings hit from loan-loss provisions
Absa reported a decline in full-year profits, its second in three years, on the back of higher loan-loss charges
Uganda Business News
Mercy Corps partners with African Executive Leaders Solutions to offer solutions for refugee and youth unemployment
Partnership aims to connect refugees and youth in Kampala with job opportunities to mitigate high levels of unemployment in the country
Coffee exports continue growing on bumper harvest
Coffee bean exports from Uganda rose at their fastest rate in three months in March on the back of a bumper robusta crop
Understanding Uganda’s revenue from the oil and gas sector
How much will Uganda earn from the oil and gas industry, and how was it determined? How much do the foreign oil companies stand to make? A dissection of Uganda’s production-sharing agreements
Bank of Uganda holds rates, warns of rising public debt
Central bank maintains key interest rate at record low, noting gradual but subdued economic growth and favourable inflation outlook
Vision Group names Don Wanyama as new chief executive
Vision Group has announced that Don Wanyama, the senior press secretary to the president, will take over as chief executive
Ugandan companies stand to win oil & gas contracts worth $167m
Uganda companies will be awarded contracts worth about $167m (Shs605.2bn) out of the $1.3bn tenders for the Tilenga and Kingfisher oil projects
How to deal with rich countries hoarding Covid-19 vaccines
Global initiative aiming to deliver 2 billion doses to mostly low-income countries by the end of 2021 is threatened by chronic under-investment, vaccine nationalism, and export restrictions by rich countries
Uganda, Tanzania and Total sign off on pipeline project
Uganda, Tanzania, and Total S.A. on Sunday signed three agreements to finalise the development of an oil pipeline from Uganda’s oil fields to Tanga on the Tanzanian coast
Business activity measure points to a gradual recovery
The rise in the index signals that “the economic recovery is gaining momentum as conditions gradually return to normal”