Business

Kenya has terminated all maize imports from her immediate neighbors Uganda and Tanzania with immediate effect. The acting Director-General of the Agriculture and Food Authority, Kello Harsama wrote a letter to the Commissioner of Customs in the Kenya Revenue Authority. In the letter, Kello said Kenya should stop maize imports from Uganda and Tanzania. This is after a survey indicated ...

The Uganda Airlines has entered a new deal with British carmaker Rolls-Royce. The deal is connected to the two new Airbus A33oneo Aircrafts powered exclusively by Rolls-Royce Trent 7000 engines. A statement released by the British company will see the Uganda Airlines aircraft engines maintained. ‘’This agreement will give Uganda Airlines a secured cost of operating and maintaining their Trent ...

Ruparelia Group through its Construction Company VCON has been awarded a contract to construct a project for Uganda Muslim Education Association-UMEA after emerging the best bidders out of 14 other companies that expressed interest. Vcon Construction (U) Ltd in partnership with Ambitious Construction Limited Joint Venture has been awarded a contract by UMEA for construction of a residential and commercial ...

In a bid to expand long-term financing for manufacturers across the region, Capital Markets Authority and Uganda Manufacturers Association have signed a partnership to further business operations. UMA Executive Director Daniel Birungi says the memorandum of Understanding between two institutions will address the lack of long-term credit for manufacturers. “The memorandum of Understanding between Capital Markets Authority and Uganda Manufacturers ...

Hon. David Bahati, The Minister of state for finance has assured Ugandans that taxes on bank withdrawals are not yet imposed. This is because for the taxes to be imposed, Parliamentary approval is needed. This response came as a result of a complaint raised by the Kassanda North MP, Hon. Patrick Oshabe. Oshabe said there was a plan to impose ...