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Aliko Dangote, chairman of the Dangote Group, and a syndicate of investment banks have signed registration papers for the initial public offering (IPO) of his refining and petrochemicals business, formally setting the stage for what is expected to become the largest share sale in African history. The proposed offering will involve 4.1 billion shares priced at N525 each, equivalent to…
Uganda’s Petroleum Fund had grown to Shs212.6 billion by December 2025, as the country moved closer to its long-awaited first oil production, Finance Minister Henry Musasizi has said. Musasizi presented the Petroleum Fund Annual Report for the financial year ended June 30, 2025, and the semi-annual report for the period ended December 31, 2025, to the Parliamentary Committee on Finance,…
The Government is set to write off more than Shs35 billion in tax arrears owed by tea factories as part of a wider intervention aimed at reviving Uganda’s struggling tea industry, the Deputy Speaker of Parliament, Thomas Tayebwa, has said. He said the arrears will be waived as soon as Parliament resumes after recess. The decision follows sustained efforts by…
KAMPALA: Stanbic Bank Uganda has launched ‘Stay Switched On’, a new anti-fraud…
The Madi-West Nile Diocese of the Church of Uganda and Equity Bank…
By Our Reporter It is 1991. Kampala Road is paved with tarmac.…
Sedes Sapientiae Academiae in Kiruhura District has won the 11th Stanbic National…
I have struggled to find words for the death of my King,…
American actor and R&B singer Tyrese Gibson has arrived in Uganda ahead…
Ugandan businessman Sudhir Ruparelia has received a dividend payout of UGX2.251 billion…
The local cinematic landscape has officially come alive as nationwide film screenings…
How Karamoja is turning cultural heritage into an economic opportunity MOROTO — As the sun sets over the rugged hills of Karamoja, the sound of traditional drums fills the air.…
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