Civil society warns of potential repetition of 2011, when election-related spending drove inflation above 30% NEWS ANALYSIS | JULIUS BUSINGE | David Kitoosa studies the red soil beneath his feet as if searching for answers buried in it. His hands, hardened by years of brickmaking and truck-driving across Wakiso District, …
Read More »Uganda targets 1,000 electric coach orders as Grand Trans-Africa Expedition showcases Made-in-Uganda innovation
Kampala, Uganda | Julius Businge | Uganda has set its sights on securing orders for at least 1,000 electric coaches during the Made in Uganda Grand Trans-Africa Electric Expedition, a milestone 30-day journey covering more than 13,000 kilometres across Uganda, Tanzania, Zambia, Botswana, Eswatini, and South Africa, government officials said …
Read More »Africa’s $700bn pension pot eyed for infrastructure drive
The greatest risk is not in investing in Africa’s own potential, but in failing to do so Kampala, Uganda | Julius Businge | A continental push is underway to harness Africa’s estimated $700bn in pension assets to fund crucial infrastructure and reduce reliance on foreign debt, senior officials said at the …
Read More »YAS completes $63m acquisition of parent company of Zuku and Simbanet
Yas boosts fibre expansion and job creation across East Africa Kampala, Uganda | JULIUS BUSINGE | Yas, a subsidiary of AXIAN Telecom Holding & Management PLC, has officially completed the acquisition of 99.63% of Wananchi Group (Holdings) Ltd—the parent company of Zuku and Simbanet—in a transaction valued at …
Read More »SanlamAllianz unveils ‘On-the-GO’ accident cover in Uganda
Kampala, Uganda | JULIUS BUSINGE | Insurance company SanlamAllianz General Insurance Uganda today (Nov.11) launched its new product, On-the-GO Accident Cover, at its headquarters in Kololo. The product, which starts at just Shs1,300, is designed to provide affordable and accessible accident protection for travelers and daily commuters. According to company …
Read More »Quality Chemical profits rise as the company expands access to local drugs
QCIL H1 profit climbs 6.2% to Shs 23.9bn Kampala, Uganda | JULIUS BUSINGE | Quality Chemical Industries Ltd (Qcil), Uganda’s pharmaceutical manufacturer, is celebrating higher profits in the first half of its financial year, a positive sign for Ugandans who rely on locally produced, affordable medicines. The company posted a 6.2% …
Read More »Glovo Uganda’s Ivy Maingi on growth, innovation, and impact
As Uganda’s on-demand delivery market expands with growing digital adoption, Glovo has positioned itself as a key player driving convenience, innovation, and inclusion. Since entering the Ugandan market, the tech-enabled platform has transformed how consumers access food, groceries, and essential goods—bridging local businesses with digital opportunities. At the center of …
Read More »Uganda’s rising debt, shrinking lives
How government’s borrowing spree is leaving citizens bearing the cost Kampala, Uganda | Julius Businge | At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the …
Read More »Uganda accelerates efforts to tap into AfCFTA
Government has unveiled a 30+ member committee to oversee its activities in the bloc Kampala, Uganda | Julius Businge | Uganda has launched its African Continental Free Trade Area (AfCFTA) National Implementation Committee (NIC), signaling a renewed push to leverage the continent’s single market for goods and services. The committee, comprising …
Read More »Sugar Industry Council unveiled to drive Uganda’s production and exports
Kampala, Uganda | Julius Businge | Uganda officially inaugurated its first Sugar Industry Stakeholder Council as part of efforts to strengthen governance, enhance productivity, and regulate the nation’s sugar sector. The ceremony, held at the Ministry of Trade, Industry and Cooperatives on Oct.23, followed the enactment of the Sugar (Amendment) …
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