News

Business activity in Uganda's private sector expanded at its fastest pace in 23 months during May, a private survey showed Thursday, as output driven by stronger client demand rose for the fourth ...
The celebrated Kenyan writer Ngũgĩ wa Thiong’o passed away on 28 May. While many tributes and obituaries have been written, we wanted to learn more about Ngũgĩ himself and his thoughts, so we sought o ...
For governments, a credit rating is more than a financial signal. It is a verdict that can influence the cost of borrowing, access to markets and, ultimately, the ability to provide for their citizens ...
South Sudan’s ability to attract new loans depends on the repayment of existing ones. These repayments largely depend on oil production. As the 2024-24 budget shows, South Sudan desperately needs new ...
Quality Chemical Industries Limited, the pharmaceutical company, has secured a $36mn (Shs133bn) debt facility from Stanbic Bank Uganda for the construction of a second manufacturing facility, the bank ...
The absence of reports of fighting between the warring parties and the nature of the wounds indicate that M23 fighters deliberately executed those in their custody, says HRW ...
APO Group This year, cholera hotspots are set to be identified in five African countries to inform the development of a roadmap for the prevention, control and elimination of this aggressive and ...
The transfer of electricity distribution assets back to the state-owned Uganda Electricity Distribution Company, following ...
Sarrai Group, a Ugandan conglomerate, and Rwimi Holdings Limited are buying local cement manufacturer Hima Cement from Holcim, the Swiss building materials company, for $120mn, Holcim announced on ...
Uganda’s merchandise trade deficit narrowed for the fourth consecutive month in December as exports continued to grow faster than imports, albeit at a slower pace. The trade deficit in goods fell 10.9 ...
Johnson Byabashaija, the commissioner general of prisons © Uganda Prisons Service The US has imposed financial sanctions on Johnson Byabashaija, the commissioner ...
A coffee trading company that says it buys coffee from rural farmers at fair prices and pays them on time, freeing them from extortionate middlemen, has received almost Shs3.2 billion in investment ...