Business

Absa Group posts 17% headline earnings growth in first half of 2025 – UG Standard

JOHANNESBURG, SOUTH AFRICA — Absa Group announced a 17% increase in headline earnings for the first half of 2025, driven by lower credit impairments...

Police recover Shs900 million in gold scam operations, 56 arrested

KAMPALA, UGANDA — Ugandan police have recovered 900 million shillings ($240,000) from 56 suspects involved in a series of gold scams targeting investors. The...

UNBS rules, delays pose major obstacles for Ugandan manufacturers

KAMPALA, UGANDA – Small and medium-sized enterprises (SMEs) in Uganda are facing significant challenges with regulatory compliance, with many entrepreneurs saying high costs and...

Museveni commissions Wagagai gold mining project

President Yoweri Kaguta Museveni has  commissioned the Wagagai Gold Mining Project in Busia District, describing it as a transformative milestone that will end the...

Uganda now imports twice as many motorcycles as cars

KAMPALA, UGANDA – Uganda’s vehicle imports have more than tripled over the past four years, a surge driven primarily by a dramatic increase in...

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