Business

Very few Ugandans have managed to build Multi million businesses in different sectors like food, agriculture, real estate, energy, distribution etc. The names of these multi millionaires don’t sound as much and am sure many have not heard of them before. These Ugandans have very powerful businesses which generates more than $50 million per year, according to forbes. Check also: Top ...

Despite Covid 19 pandemic, Uganda Clays Limited registered shs4.89 billion in profits during  2020 financial year that ended on 31 December. Eng Martin Kasekende Uganda Clays Limited Board Chairman announced the development during the company’s Annual General Meeting held on Wednesday at Sheraton Hotel. During the first phase of Covid, many companies suffered from restrictive government measures put in place ...

Kampala City Traders Association (KACITA) Chairman Evarest Kayondo together with Executive Director of Uganda Manufacturer’s Association (UMA), Daniel Birungi have urged all taxpayers to file their returns and pay their due taxes ahead of the 30th of June 2021 deadline. About 15 days left for this financial year to end as per Uganda Revenue Authority deadline. The business advise was ...

The country is home to amazing business-minded people, though not many are billionaires in dollars and by Forbes standard. Nigeria is one of the fastest developing economies in Africa. As of today, it stands as the largest economy in Africa. Out of a pool of affluent Nigerians, only four made the 2020 Forbes billionaire list. These include Aliko Dangote, Mike ...

Uganda lost close to shs15 billion per month due to impact of covid 19 pandemic despite Uganda having very rich cultural heritage top creative researcher has said. Charles Butambuze who doubles as Executive Secretary of National Book Trust of Uganda told cultural leaders  at Cross Cultural Foundation of Uganda heritage awards 2021 at Uganda mesuem. He called for urgent government ...