Roofings Group Celebrates 30th Anniversary with UMA

Founded in 1994, the company is known for its dedication to innovation, sustainability, and supporting Uganda’s industrial growth. Roofings Group, a prominent player in Uganda’s manufacturing industry, is marking a significant milestone by celebrating 30 years of partnership with the Uganda Manufacturers Association (UMA). This dual anniversary recognizes three decades of unwavering commitment to the…

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Understanding Credit Risk in banking

When people think about banks, they often envision large institutions managing significant sums of money, making investments, and safeguarding savings. However, at the core of their operations, banks primarily focus on one specific type of risk: credit risk. What is Credit Risk? Credit risk refers to the possibility that a borrower will fail to repay…

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Smuggling is Economic Terrorism That Distorts Market Prices – URA

During a panel discussion held on Tuesday in Pakwach District, URA officials, alongside other key stakeholders, called for urgent action to strengthen anti-smuggling measures and protect legitimate businesses. The Uganda Revenue Authority (URA) has condemned smuggling as a serious economic crime, labelling it “economic terrorism” that threatens Uganda’s market stability. During a panel discussion held…

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Spearheading the charge against counterfeits in Uganda’s construction industry

By Macklean Kukundakwe Counterfeits in the construction industry pose a significant threat to consumers, local manufacturers, and the economy at large. These substandard products compromise the safety and integrity of structures, lead to financial losses, and undermine the credibility of genuine manufacturers. st our consumers have accorded us. To combat counterfeits, Uganda Baati has implemented…

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Securing Uganda’s youth bonus through better education, skilling and technological investments

The theme for Uganda’s 62nd Independence Anniversary, “A Recommitment to Secure and Fortify Our Destiny,” signifies more than just celebrating past achievements. By Mike Segawa It calls for a renewed focus on empowering the youth and building a sustainable future. As Uganda stands at a critical juncture with 75% of its population under the age…

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