Kansai Plascon launches Shs2.2b Paint and Win promotion
Kansai Plascon Uganda has launched the 15th edition of its Paint and Win promotion, with more than Shs2.2 billion committed to prizes and community paint donations. The promotion, running from October 1 to December 12, 2026, will reward customers with cash prizes, motorbikes, tuk-tuks and airtime, while extending the company’s
Dangote breaks ground on $16bn Lamu refinery
Nigerian billionaire Aliko Dangote and Kenyan President William Ruto have broken ground on a $16 billion (about Shs60 trillion) oil refinery in Lamu, Kenya, in a project expected to become East Africa’s largest industrial investment by processing capacity. The refinery, which is expected to be completed by 2030, will have
Pearl Bank calls for more financing to unlock Uganda’s mining potential
Uganda’s mining sector needs more innovative financing and investment if the country is to unlock its mineral wealth and achieve its target of growing the economy to $500 billion by 2040, Pearl Bank has said. The call was made during the 15th Annual Mineral Wealth Conference in Kampala, held under
Uganda is Open for Business and Tourism, Museveni Says
As Uganda joined the rest of the world to celebrate World Tourism Day, President Museveni said the country remains open for business and tourism, with government committed to the safety and wellbeing of Ugandans and visitors. Museveni made the remarks during the World Tourism Day celebrations in Mbale, shortly after
UDB urges investors to tap patient capital for Eastern Uganda tourism
Uganda Development Bank (UDB) has urged tourism investors to take advantage of affordable and long-term financing to turn Eastern Uganda’s tourism attractions into viable businesses capable of creating jobs and supporting local economies. Peter Watuwa, UDB Regional Manager for the Eastern Regional Office, said the region’s natural, cultural and adventure
Busoga Youth Turn to Agribusiness as Unemployment Drives Search for Livelihoods
Youth in Busoga are increasingly turning to agriculture and agribusiness as they seek alternative sources of income amid limited employment opportunities in the region. Recent regional data estimates youth unemployment in Busoga at about 23 per cent, highlighting the challenge facing young people who struggle to find formal employment. For
Uganda seeks to turn Italy coffee trade into investment partnerships
Uganda is seeking to transform its long-standing trade relationship with Italy into deeper investment and industrial partnerships, with value addition, technology transfer and manufacturing expected to take centre stage at the first Uganda-Italy Business and Investment Forum in Rome next month. The October 13-14 forum will bring together Ugandan and
Digital plates leave boda-boda riders counting losses
Boda-boda operators have asked Parliament to intervene in delays and costs associated with Uganda’s digital number plate system, saying the rollout is grounding motorcycles and cutting into riders’ daily earnings. Frank Mawejje, chairman of the Alliance Transport & Allied Workers Cooperative Union, told Parliament’s Committee on Physical Infrastructure, chaired by
Absa, Makerere train journalists in financial reporting
Absa Bank Uganda, in partnership with Makerere University, has trained 17 journalists in financial, business and data-driven reporting as part of efforts to strengthen specialised journalism in Uganda. The two-day training, held at Makerere University, was the second edition of the Absa-Makerere Journalism Masterclass, which is being conducted under a
Whistleblowers ask Museveni, IGG to halt Shs158bn digital plates deal
Whistleblowers have asked President Yoweri Museveni and the Inspectorate General of Government to halt a proposed Shs158 billion procurement by the Ministry of Works and Transport, involving the same company implementing Uganda’s controversial Intelligent Transport Monitoring System (ITMS). The group, identifying themselves as concerned citizens and whistleblowers from the transport
