As businesses struggle to pick up after the COVID-19 crisis, the rise in prices has hit a flashpoint, and traders are calling for quick fixes. According to Thaddeus Musoke, the Kampala City Traders Association (KACITA) Chairman, the government should come in handy and try to fix the rail transport question and allow them to import […]
As businesses struggle to pick up after the COVID-19 crisis, the rise in prices has hit a flashpoint, and traders are calling for quick fixes. According to Thaddeus Musoke, the Kampala City Traders Association (KACITA) Chairman, the government should come in handy and try to fix the rail transport question and allow them to import […]
Airbus A320-200N Also on ch-aviation Jet2 plc has firmed a further six A321-200N purchase rights thereby increasing its order for the type to 57. The Jet2 (United Kingdom) (LS, Leeds/Bradford ) parent holding said in a stock exchange filing that it had a further 18 purchase rights, which could increase its overall A321neo order to […]
Competition in the Ugandan air service sector is set to receive a shot in the arm with the Uganda Civil Aviation Authority (UCAA) having received four new applications for air services licenses (ASLs) after having greenlighted startup Bar Aviation ( Kajjansi ) earlier this year, according to local media reports. New Vision newspaper reports that […]
The Tobacco Industry and Marketing Board has re-branded to ensure that the industry complies with sustainable tobacco production without deforestation, child and forced labour, with full traceability and safe working environment for farm labour. The move is also expected to define TIMB’s critical role towards the attainment of Vision 2030 guided by the NDS 1 […]
At Safaricom’s Fintech Innovation Week, the leading East African telco brought together stakeholders from across the continent as it explores solutions that will lead it to to the next big idea – part of the telco’s search for ‘The next M-PESA.’ In a guest post with a local newspaper, Safaricom CEO, Peter Ndegwa, revealed the […]
Uganda Securities Exchange (USE) started the new year on a weak footing with equity turnover falling by 73.8 percent to Ush 2.05 billion ($579,828) in January. According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily […]
Jomo Kenyatta International Airport. PHOTO | JEFF ANGOTE | NMG Departure tax earned the Tourism Promotion Fund (TPF) Sh2.9 billion from local and international passengers in the nine months to January this year. Tourism Cabinet Secretary Najib Balala said Kenya Airports Authority (KAA) remitted Sh2.17 billion ($19,962,719.44) from the international air levy charge. KAA also […]
The headquarters of Vision Group in Industrial Area, Kampala. Photo: Uganda Business News New Vision Printing and Publishing Company returned to profitability in the second half of 2021 as contracts from the government to publish educational materials and textbooks boosted revenue. The government-controlled company on Tuesday said it made a net profit of Shs396.5m ($112,409), […]
Uganda Securities Exchange (USE) started the new year on a weak footing with equity turnover falling by 73.8 percent to Ush 2.05 billion ($579,828) in January. According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily […]
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