news and current affairs.
Uganda opens business hub in the UAE
Uganda opened a trade support office in the United Arab Emirates to help exporters reach Gulf customers. Ambassador Kibedi Zaake announced the facility on Tuesday at Speke Resort Munyonyo as government officials met with Emirati investors to discuss commercial partnerships. The center assists small businesses with product standards, market research, and distribution networks. Commerce between the nations climbed from 600 million dollars in 2018 to 2.85 billion dollars last year. The UAE directs 3.5 billion dollars in foreign investment toward Ugandan energy projects and agricultural ventures. Six daily flights connect Entebbe and Dubai as the Ugandan population in Emirates territory reached 160,000 residents who send 350 million...
Uganda unveils big investor tax breaks
Uganda presented tax breaks and duty exemptions to attract Gulf capital at a business conference held on Tuesday at Speke Resort Munyonyo. Peter Muramira from the Uganda Investment Authority told delegates that agro-processors receive a 10-year income tax holiday when operating within designated industrial zones. The government waives import charges for agricultural machinery and manufacturing equipment. Exporters shipping 80 percent of their output abroad qualify for a decade-long tax break under rules designed to position Uganda as a regional production hub. Tourism operators avoid duties when importing vehicles and hotel furnishings as authorities rebuild the hospitality sector. Accommodation providers in rural lodges are not...
Museveni touts peace, vows growth for Karamoja
President Yoweri Museveni told residents that the government plans to turn Karamoja into an industrial center, as cement manufacturers invest in the region. The head of state addressed crowds at Lomukura Primary School in Kotido Municipality on Monday with First Lady Janet Museveni beside him. He credited local cooperation for successful weapons collection efforts that reduced violence across northern districts. Museveni said electricity lines from Soroti reached Karenga, while road projects connecting Lira to the Sudanese border remain priorities. Officials built three water pipeline systems and multiple valley dams holding billions of liters for livestock and human consumption. The administration constructed vocational training...
Dangote to build world's largest refinery
Nigerian industrialist Aliko Dangote will double the processing capacity of his refinery to 1.4 million barrels per day within three years. The Lagos facility currently handles 650,000 barrels each day but will surpass India's Jamnagar complex as the world's largest petroleum operation after completion. The businessman signed agreements with technology partners to begin construction that will add 50,000 barrels of capacity by next year. Polypropylene output will rise from 900,000 tons to 2.4 million tons as part of the project. The expansion requires 65,000 workers and seeks five billion dollars in financing from the African Export-Import Bank. The refinery transformed Nigeria from a fuel importer to a fuel exporter, selling products...
YY bus driver held over deadly Buikwe crash
Authorities detained the bus operator who fled after a collision that killed 33 passengers in Buikwe District last May. Traffic police identified Musa Wadulo as the driver of the YY Company vehicle that crashed months ago. Magistrates in Buikwe ordered Wadulo held at the district prison after prosecutors filed 16 criminal counts against him. Three charges allege he caused deaths through dangerous operation, while 12 additional counts accuse him of injuring survivors through reckless conduct. Traffic police spokesman Michael Kananura confirmed the arrest of the suspect who had avoided capture for several months. Transport officials ordered safety reviews of all the company's buses after the accident.
Uganda, Qatar court investors for growth
Uganda and Qatar held their second trade conference on Sunday to strengthen commercial ties between the two nations. Vincent Waiswa Bagiire from Uganda's Foreign Affairs Ministry told attendees at Rotana City Center that his government welcomes partners interested in agriculture, manufacturing, and infrastructure development. Ambassador Stephen Chebrot said the gathering aims to attract Qatari capital into mining operations, hotel construction, and technology ventures. Trade between the countries expanded from $37 million to $60 million over 10 years. Mohammed Massami of KON Group said improved air service has enabled greater business exchange since his 2022 visit to assess processing facilities and mineral assets. Representatives from...
UAE eyes Uganda tech and port boom
Business leaders from the United Arab Emirates identified investment prospects in Uganda's infrastructure and technology sectors after touring development sites on Monday. The delegation examined plans to transform Port Bell into a sustainable cargo facility serving Kenya and Tanzania while reviewing six expressway proposals near Kampala. Investors visited the National ICT Innovation Hub and the Uganda ICT Institute, where 90 startups are developing financial technology and agricultural software. The delegation praised government support for augmented reality programs, training young developers. Ambassador Zaake Wanume Kibedi said the visit reflects confidence in Uganda's economic environment. The assessment preceded the Uganda-UAE...
Musk calls Zohran Mamdani Dems' future
Elon Musk called Ugandan-born politician Zohran Mamdani the future of the Democratic Party after New York Governor Kathy Hochul urged voters to support his mayoral campaign. The billionaire responded to Hochul's remarks on his platform X, though observers remain divided about whether his statement represents genuine support or mockery of Democrats. Musk previously backed Republican Donald Trump in the 2024 presidential race but later threatened to finance Democratic candidates following a dispute with the former president. Mamdani won the Democratic nomination for New York City mayor by defeating Andrew Cuomo in the primary voting. The 33-year-old naturalized citizen faces independent Eric Adams, Republican Curtis Sliwa, and Jim Walden...
AG warns election chaos will face law
Tanzania's Attorney General confirmed elections comply with constitutional requirements as voters prepare to cast ballots on Wednesday. Hamza Johari told journalists the five-year leadership term had expired according to law, and that all candidates had received proper nominations for presidential, parliamentary, and council positions. Johari rejected social media claims suggesting postponement would be appropriate. He stated the constitution permits delays only if the nation is at war or if candidates die before voting occurs. Neither condition applies to the current electoral cycle. Section 129 of the Election Act criminalizes threats or the use of force against voters. Officials warned that protesters attempting to disrupt polling...

Trending content

Sponsored

Top