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Kerry Group opens Shs21b food processing subsidiary

Uganda, March 15 -- International food processing company Kerry Group has expanded its operations in sub-Saharan Africa, opening a $5m (Shs21.2b) manufacturing plant in Uganda. The plant, Kerry said ... Read More


Airbnb bans security cameras inside rental homes

Uganda, March 14 -- The online marketplace for short-term rentals, Airbnb, has banned the use of security cameras inside rental homes starting April 30. The move seeks to protect visitors' privacy, w... Read More


Business dispute threatening multi-million dollar solar project

Uganda, March 13 -- Approximately 111 kilometres southwest of Kampala, is a huge solar project, one of the largest investments in the vastly rural district of Gomba in Central Uganda. The project, kn... Read More


Airtel market activity remains flat despite posting Shs296b profit

Uganda, March 6 -- The Airtel share price remained flat at Shs87 yesterday, two days after the telecom declared a profit return of Shs296b for the year ended December 2023. Airtel, which was listed o... Read More


Quality Chemical drops Cipla name

Uganda, Feb. 26 -- Quality Chemical Industries has dropped the Cipla name in a process that signals completion of a 51.18 percent share purchase by Africa Capitalworks. The purchase process has been ... Read More


Digital taxes are upending growth, says Nile Breweries boss

Uganda, Feb. 25 -- You are familiar with at least one of his products. His target market is the populace, which the company adores since Ugandans drink daily to cheer themselves up on bad days and rem... Read More


Uganda to list bonds on global indices

Uganda, Feb. 12 -- Uganda is broadening its strategy to boost dollar reserves by listing bonds on multiple emerging and frontier market indices. The move seeks to woo foreign investors, who have rece... Read More