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Can Museveni be trusted with Uganda’s newfound oil wealth?
By Robert Asketill Ugandan President Yoweri Museveni. Can he be trusted with the country's oil wealth? It is drawing close to another day of great events in Africa, perhaps the greatest yet and one...
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Kentucky Fried Chicken on the way to Uganda
South African restaurant franchisor Famous Brands has opened 18 new outlets in the rest of the continent during the last three months of 2011. The group owns numerous fast-food and restaurant brands...
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Uganda shilling stables against the $ while the Kenya shilling falls
A UGX 50000 note that is equal to US$19.81 as shilling stables against the dollar. The Ugandan Shilling (UGX) was stable against the dollar on Tuesday, while traders said they were looking to a...
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Uganda plans competitive bidding for mineral licences
Kabagambe Kaliisa, PS Energy Ministry: 'We don't have to do it the usual way'. Uganda plans to start offering mineral prospecting and production licences on competitive bidding rather than on...
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MTN Uganda eyes domestic takeovers as rivals tie-in
By Matt Smith (L-R) Ugandan Prime Minister Amama Mbabazi, Dr Charles Mbire’s mother, his daughter and Mbire himself at an awards ceremony in Kampala. MTN’s Uganda unit is considering buying rival local...
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A look at Africa’s foreign exchange a week ahead
The Uganda shilling is seen as firmer than most African currencies in coming sessions The Ghanaian cedi’s woes are set to continue next week barring any intervention by the central bank to end a...
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Hilton hotels sets its sights firmly on expansion across Africa
Kampala Hilton Hotel which is one of the many hotels the Hilton group is constructing in African cities. By Dinfin Mulupi After more than 50 years in Africa, Hilton is aggressively seeking to expand...
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Rising food prices in Uganda biting into people’s budgets
BOU Governor Emmanuel Tumusiime Mutebile: “…core inflation will rise to around 5 per cent by the middle of 2015, and to 7.9 per cent by June 2016.” By Ruth Namatovu in Kampala – Uganda Prices in the...
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