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QCIL posts record Shs56.4 billion profit

Kampala, Uganda | URN | Quality Chemical Industries Limited (QCIL) has posted its strongest financial performance since inception, reporting a third consecutive year of profit growth as investments in manufacturing capacity and product diversification continued to pay off. For the financial year ended March 2026, the pharmaceutical manufacturer recorded an …

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Lotteries board steps in after ITHUBA Uganda terminates operations

  Kampala, Uganda | THE INDEPENDENT |  ITHUBA Uganda Limited has wound up its lottery operations. The National Lotteries and Gaming Regulatory Board (NLGRB) has confirmed the development, making it clear however that the operator’s cessation of operations does not relieve ITHUBA Uganda Limited of its obligations under the law, the National …

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World Bank cautions Uganda on fiscal management

Kampala, Uganda | URN | ‎‎‎‎”Currently 33 percent of every shilling invested in infrastructure is lost in poor planning, project delays and weak maintenance.” ‎-World Bank Director for Uganda, Kenya, Rwanda and Somalia, Qimiao Fan. The World Bank has said Uganda needs to triple the current allocation for human capital …

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