Business

In light of the recent protests against the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) system implemented by the Uganda Revenue Authority (URA), traders have made the decision to reopen their businesses. This decision comes after a constructive meeting with President Museveni on Friday night, aimed at addressing the concerns raised by the business community. In an official statement released ...

Swangz Avenue singer Priscilla Zawedde alias Azawi has said that Africans/ Ugandans should stop moving out of Africa to look for money. This is because the wealth they search for is within the continent. Taking to her X page, the Masavu singer said that Africans should prioritize traveling within Africa. This is because it’s very significant. There’s so much to ...

In a display of unwavering determination, Kampala City Traders Association have emphatically refused the pleas made by the honorable minister for Kampala City Metropolitan affairs and the commander of military police Minsa Kabanda and Brigadier General Binomugisha William standing resolute in their decision to resume their strike next week. Despite the minister’s efforts to find common ground, these traders remain ...

Uganda’s E-Commerce revenue is expected to rise $250M in 2025, while addressing the media Mr Lawrence Ssekadi head of Sales at Abanista Uganda as the number of users are increasing every day. Abanista.com emerged in 2018 with a bold vision to revolutionize Africa’s online shopping landscape, starting from Uganda, one experience at a time. From its humble beginnings as a ...

Telecom giant MTN Uganda has reported impressive financial results, with a 21.1% growth in profits after tax. This has reached Shs354.4 billion in the nine months leading up to September 2023. This is compared to Shs292.6 billion in the same period the previous year. This significant performance was attributed to an improved macroeconomic environment. MTN’s Financial Performance (Nine Months to ...