Business

Kampala, Uganda | THE INDEPENDENT | Government and sugar industry stakeholders have agreed on new rules to regulate sugarcane weighbridges, limiting them strictly to weighing functions and banning all trading activities, following complaints that the facilities were enabling cane theft. The resolutions were reached at a stakeholders’ meeting held Tuesday …

Kampala, Uganda | THE INDEPENDENT | When Jibran Fauz Qureish, the Head of Africa Economic Research for Standard Bank Group, stepped up to the podium at the 5th Stanbic Economic Forum in Kampala, he did something unusual. Instead of opening with data tables or forecasts, he offered a question that …

KAMPALA, UGANDA | Xinhua | Uganda’s public debt has risen sharply, largely driven by preparations for the country’s first oil production, the Ministry of Finance, Planning and Economic Development said in a report released Friday. The Debt Sustainability Analysis Report for the 2024/25 financial year shows that total public debt …

Kampala, Uganda | THE INDEPENDENT | After ten years at the helm of the Petroleum Authority of Uganda (PAU), Ernest Rubondo is stepping down, leaving behind a legacy that has significantly shaped Uganda’s oil and gas sector, even before the first barrel of oil is produced. He will officially leave office …

Gulu, Uganda | THE INDEPENDENT | Watu has announced that Watu Shule, its motorcycle rider training and licensing programme, has surpassed 10,000 enrolments and has officially expanded operations to Northern Uganda with the launch of a new training centre in Gulu City. Watu Shule, a motorcycle riding school operated by …

  Kampala, Uganda | THE INDEPENDENT | African sugar giant once courted by Tanzania’s Kagera Sugar and heralded as a possible triumph of a continental sugar business spanning East and South Africa is heading for liquidation. Kagera Sugar was eliminated early in the process to reconfigure Tongaat’s business which also included Zimbabwe’s …

The deployment is part of a broader fleet modernisation programme across the airline’s network Kampala, Uganda | IAN KATUSIIME | In a sign of how Emirates values its Ugandan customers, the airline is upgrading its service to Entebbe International Airport with the next generation A350, the ultra modern aircraft transforming …

  Kampala, Uganda | THE INDEPENDENT | With Valentine’s Day just around the corner, Baileys is giving its consumers the perfect gifting solution to treat their loved ones with a unique Baileys gifting pop-up experience at Kisementi this Valentine’s week. Best known for turning everyday moments into indulgent treating occasions, …

  The series introduces the Throwback 2025 Challenge to deepen financial literacy Kampala, Uganda | THE INDEPENDENT |  The Uganda Institute of Banking and Financial Services (UIBFS) has officially launched the 2025–2026 Banking and Financial Services Awareness Campaign (BAFSAC) webinar series, marking the first major activation of the campaign this year …

  Kampala, Uganda | JULIUS BUSINGE | The Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by …