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Latest Ugandan Local Business News & Headlines | Pulse Uganda

Museveni blasts Western ‘evil actors’ at Abu Dhabi conference

Museveni used the platform to call for a departure from the parasitic tendencies of past global actors. He urged for forums to address the mistakes of imperialism and promote equitable global solutions.

Nakalema engages Indian Business Forum on boosting investments

The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema, met with officials from the Indian Business Forum to discuss enhancing Uganda's investment environment.

Algeria faces hurdles in sourcing milk from Uganda

Algeria is grappling with challenges in its efforts to source milk from Uganda, a key topic during President Yoweri Museveni's meeting with Algeria’s Minister of Agriculture and Rural Development, Youcef Cherfa.

BREAKING: Police Foil Stanbic Bank Robbery at Acacia Mall

Uganda Police have successfully thwarted a bank robbery at Acacia Mall in Kampala, foiling a planned heist at Stanbic Bank

City businessman loses Shs 100m in Bombo Road traffic jam robbery

The victim, Fred Tibamanya, a 49-year-old businessman and resident of Kawanda in Wakiso District, was attacked while stuck in traffic in Maganjo along Bombo Road.

URA's Musinguzi explains how EFRIS can boost Uganda's economy

John R. Musinguzi, the Commissioner General of the Uganda Revenue Authority (URA), has highlighted the transformative potential of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) in improving Uganda’s Tax-to-Gross Domestic Product (GDP) ratio.

CID to probe Shs60 Billion loss at Bank of Uganda

The Auditor General’s forensic audit report into the alleged loss of Shs60 billion from the Bank of Uganda (BoU) has been handed over to the Directorate of Criminal Investigations (CID) for further inquiry.

URA surpasses revenue target by Shs322 billion

The Uganda Revenue Authority (URA) has exceeded its mid-year 2024/25 revenue target of Shs14 trillion, collecting an impressive Shs322 billion above the set goal.

Private sector growth slows slightly in December but remains strong

The Stanbic Purchasing Managers’ Index (PMI), which gauges private sector performance, declined to 53.1 in December, down from 55.7 in November, signalling a slight easing in the pace of growth.

The Heritage-URA judgment: A turning point in Uganda's tax landscape

In a landmark ruling delivered on December 23, 2024, the Commercial Division of the High Court of Uganda ordered the Uganda Revenue Authority (URA) to refund $45 million, along with accrued interest totaling $148.5 million, to Heritage Oil and Gas Limited.

EO Uganda hosts first national competition for student entrepreneurs

This landmark event aimed to celebrate and empower young innovators who are balancing their academic pursuits with running their own businesses.

Centenary Bank on spot over Saudi-based customer's 'vanished' savings

Mulumba, who claims to have been a loyal customer for over a decade, has accused the bank of mishandling his case, leaving him unable to access his funds.

UEDCL gets license to replace Umeme

The handover comes months to the impending transfer of the distribution network from Umeme Limited, whose concession will naturally expire on 31 March 2025.

Rise of digital economy: Borderless revolution shaping future of business

The digital economy is a transformative force redefining how businesses operate, governments collect revenue, and individuals interact with markets.

Parliament presses BoU DG Atingi-Ego on delayed Governor appointment

The issue was raised during a meeting between the Bank of Uganda officials and the COSASE on Thursday morning, where MPs pressed the Deputy Governor, Michael Atingi-Ego, on the matter.

Meet the new Stanbic Bank Uganda CEO

Stanbic Bank Uganda has announced the appointment of Kenneth Mumba Kalifungwa as its new Chief Executive, effective from March 1, 2025.

Uganda Airlines bids farewell to long-serving Capt. Pete Thomas

Having flown a variety of aircraft, from military jets to commercial airliners, he marked the end of his illustrious career with Uganda Airlines on November 30, 2024, piloting Flight UR445 from Dubai to Entebbe

How to reverse Airtel money sent to wrong account on Airtel, MTN

With Airtel Uganda, if you accidentally send money to the wrong Airtel number, you can easily reverse it back to your Airtel Money account by following these steps:

Mega Blast: New soft drink unveiled with a blast of exciting activities

Mega Blast, a revitalising blend of citrus flavours, offers a bold and refreshing taste.

Tanqueray unveils exclusive holiday gift hampers

These specially curated hampers are designed to enhance festive celebrations, offering a sophisticated and stylish gift option for those who appreciate quality and elegance.