SME banking – Unlocking the growth potential of an underserved segment

SME banking – Unlocking the growth potential of an underserved segment

Small and Medium-sized Enterprises (SMEs) are an important segment in Uganda’s economy. According to the Ministry of Trade, Industry and Cooperatives, the SME sector employs over 2.5 million people (90% of the entire private sector) and generates 80% of manufactured output which contributes 20% of the gross domestic product (GDP). Even though SMEs play a […]

Work continues on Entebbe airport expansion

Work continues on Entebbe airport expansion

As traffic numbers continue to swell at Entebbe International Airport, a year and a half after the expansion project was commissioned, the Civil Aviation Authority (CAA) has said it impressed with the pace of the main contractors China Civil Construction Company (CCCC) and Seyani Brothers. The two firms are undertaking the five year expansion project […]

Nigerian Oranto Petroleum gets Hoima Oil wells

Nigerian Oranto Petroleum gets Hoima Oil wells

Nigerian oil firm, Oranto Petroleum Limited, has signed two production sharing agreements (PSA) in the Ngassa Shallow and Deepwater Play of Lake Albert in Uganda. Oranto Petroleum entered the agreement with the Ministry of Energy and Mineral Development for the Republic of Uganda and will hold 100% participating interests in both licenses. Commenting on the […]

Uganda commits to protecting construction minerals at MineralWealth forum

Uganda commits to protecting construction minerals at MineralWealth forum

While Uganda’s gold reserves have increased tremendously, the Ministry Of Energy and Minerals Development is focused on bringing order to the sector artisanal mining. Government says there will be need to regulate building (development) minerals such as clay, murram, sand or any stone commonly used for building which were excluded from the definition of minerals […]

New Sadolin partnership with Crown paints: 11 things it means for Uganda’s industry

New Sadolin partnership with Crown paints: 11 things it means for Uganda’s industry

Many questions have been asked about the Sadolin brand in the last six months before its fresh relaunch into the market after the impression that it had been taken over by Japanese based Kansai Plascon. Now the Ugandan market is set for competition between two global paint brands with Crown Group, manufacturers of Regal Paints the […]

Nakumatt and Tuskys supermarkets in merger to survive in Uganda

Nakumatt and Tuskys supermarkets in merger to survive in Uganda

Struggling to survive in Uganda, Kenya’s Nakumatt and Tuskys supermarkets sign merger deal that will enable Nakumatt access stock from suppliers using Tuskys’ goodwill, TheUgandan can report. Nakumatt is facing huge debt woes in Kenya and Uganda with several creditors surfacing to claim worth millions of shillings. According to sources, the brands will remain the […]

Museveni to address 6th mining conference

Museveni to address 6th mining conference

President Museveni will grace the 6th annual Mineral Wealth Conference that shines a spotlight on Uganda’s Economic Transformation and organized by the Uganda Chamber of Mines and Petroleum in Kampala. Organized in partnership with the Ministry of Energy & Mineral Development, this year’s conference will be held under the theme “Minerals – “Knocking on the […]

Equity Bank enticing Ugandans in UK to invest here

Equity Bank enticing Ugandans in UK to invest here

In its effort to increase trade and investment opportunities from various markets, Equity Bank Uganda will hold an investment forum in the UK targeted towards Ugandan and other East Africans on Friday, 15th of September. Converging at Grange Tower Bridge Hotel 45 Prescot St, London E1 8GP, UK from 6:00 pm, the bank’s Managing Director, […]

Plascon go down to the market

Plascon go down to the market

It has been over a month since Japanese based paint company Kansai Plascon bought out Sadolin Paints and they have not gone to bed. Plascon experiential is going around the country sensitizing consumers and the public alike about the acquisition and the change of name. With this acquisition, all Sadolin products will now change name […]

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