Business news

June 18, 2019

French retailer Carrefour to join Uganda market

The Dubai-based operator of the French retailer’s outlets Carrefour will open its first store in Uganda this year, expanding in the region after a successful launch […]
June 17, 2019

MTN Mobile money customers transact Shs30trn as company cuts sending rates

By George Mangula The MTN Mobile money (MoMo) service has close to 9 million customers and has transacted Shs30 trillion since its launch 10 years ago, […]
June 14, 2019

Bank of Uganda under investigation by ant-corruption agencies-Mutebile

By Our Reporter The Bank of Uganda Governor, Emmanuel Tumusiime-Mutebile, has confirmed that his institution is under investigation as earlier said by the Head of the […]
June 14, 2019

Anxiety at Bank of Uganda as investigators launch probe against officials over illegal printing of Shs90b

By Our Reporter The Head of the Anti-corruption Unit in State House, Lt Col. Edith Nakalema has confirmed that her department and that of Criminal Investigation […]