business

Kalangala oil palm project has grown into a major economic driver, creating jobs, boosting incomes, and transforming livelihoods despite ongoing challenges.

UNBS has introduced a digital records system to replace paper processes, aiming to improve efficiency, transparency, and service delivery.

MPs have urged government to invest more in industrial parks, saying they are key to job creation, exports and Uganda’s economic growth.

Leaders in Kigezi are urging greater investment in SACCOs as poverty rises, with a focus on savings, disciplined borrowing, and commercial agriculture to improve household incomes.

KCCA has assured Parliament that Owino Market will not be demolished, saying plans focus on rehabilitation and trader-inclusive redevelopment amid concerns over ownership and possible private takeover.

Uganda and Norway agreed to strengthen cooperation and boost trade and investment despite currently low trade volumes between the two countries.

The Finance Ministry told Parliament that Uganda’s economy is growing strongly, inflation is falling, and oil revenues are expected to boost the 2026/27 budget.

A new $6 million fruit-processing factory in Uganda will help farmers reduce losses, create jobs and enable small businesses to produce export-ready products.

Stanbic Uganda reported strong 2025 results, posting Ushs 591 billion in profit and declaring a Ushs 360 billion dividend as growth, efficiency, and investor confidence improved.

The facility, owned by General (Rtd) Kale Kayihura, was upgraded by the Engineering Development and Innovation Centre (EDIC).