Government, analysts search for elusive answers over declining exports, rising imports About 700 trucks enter Uganda daily from Mombasa Port in Kenya, loaded with all types of goods. However, most of them go back empty for lack of exports, a situation that makes transport costs rather prohibitive for Ugandan importers. …

Regional trade facilitation organisation to pump between Shs 2.66 – Shs 2.83 trillion in region On May 31, executives at Trademark East Africa, a not-for- profit organization that supports the East African Community integration process in trade policy reforms and trade-related infrastructure, gathered in Kampala. The meeting was intended to …

Telecom giant to roll out optic cable countrywide, to build state-of-the-art headquarters in Kampala On March 4, MTN CEO Brian Gouldie told journalists at a press briefing that the company was going to invest Shs 238 billion in its network in Uganda in 2016. On May 26 – exactly three …

Telecom giant to roll out optic cable countrywide, to build state-of-the-art headquarters in Kampala On March 04, MTN CEO Brian Gouldie told journalists at a press briefing that the company was going to invest Shs 238 billion in its network in Uganda in 2016. On May 26 – exactly three …

Even for people who have lived in Kampala City all their lives, locating certain buildings in the city leave alone on a street can be a nightmare. Unlike other modern cities around the world, Kampala has very limited building identification signage and do are the city streets. Now, this is …

Currently, Africa has about six agribusiness incubators, two of which are in Uganda At just 27, Sam Turyatunga is the proprietor of Tursam Investments Ltd, the producers of Uhuru branded juices. In 2015, he was producing 15,000 litres of juice and had a turnover of $5,000 (Shs 17 million) per …

Uber ready for Kampala Local taxi operators brace themselves for entry of hi-tech cab operator Uber, the US-based mobile app-based taxi service is getting set to open shop in Uganda. The company, which unveiled its services in neighboring Kenya last year, has advertised the positions of operations and logistics manager …

Uganda’s insurance industry premiums are expected to grew 20% to Shs733 billion this year on the back of sustainable economic expansion and demographic shifts and new opportunities. Five years ago, the insurance industry in Uganda could barely raise Shs 500 billion in total premiums. Across the border in Kenya, total …

Last year, the government revised the current budget from Shs 18.3 trillion to Shs 23.9 trillion citing the upcoming general elections, which it was claimed required more funding.  The national budget that will be presented next month will be worth a record Shs 26.3 trillion, an increase of 9%. What …