Category: Business

Gov’t Explains Drop in Coffee Prices, Blames Global Oversupply and Strong Harvests

Gov’t Explains Drop in Coffee Prices, Blames Global Oversupply and Strong Harvests

The Ugandan government has broken its silence on the sharp decline in coffee prices that has sparked widespread concern among farmers and sector players.In a detailed statement issued on Sunday, Minister for Agriculture, Animal Industry and Fisheries, Frank Tumwebaze, confirmed the price s

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Empire in the Sky: How Africa’s Digital Future Is Being Colonised Again

Empire in the Sky: How Africa’s Digital Future Is Being Colonised Again

It begins with a promise. A satellite dish on a tin roof. A blinking terminal in the middle of rural Kisii. Suddenly, a boy can watch a YouTube video without buffering.A teacher downloads a lesson plan in seconds. A clinic sends health records to the capital without delay. It feels like th

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Traders Urge President Museveni to Launch Market Loan at St Balikuddembe

Traders Urge President Museveni to Launch Market Loan at St Balikuddembe

Traders at St. Balikuddembe Market have appealed to President Museveni to personally launch the highly anticipated market loan scheme at their market, saying it will reaffirm his support and popularity among business communities.President Museveni was initially expected to launch the marke

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African-Arab Technology Summit Opens, Calls For Self Reliance

African-Arab Technology Summit Opens, Calls For Self Reliance

President Museveni has called on African nations to collaborate in the development of smart technologies, urging the continent to reduce its reliance on imports from Europe and the Arab world.The call was delivered through Prime Minister Robina Nabbanja, who officially opened the African-A

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ONC Launches Empowerment Initiative to Curb Youth Unemployment and Poverty

ONC Launches Empowerment Initiative to Curb Youth Unemployment and Poverty

President Museveni, through the Office of the National Chairman (ONC), has unveiled a new empowerment initiative dubbed “Bannaku Tweyambe – Wealth Creation Empowerment.” In a bid aimed at tackling the growing issue of youth unemployment and poverty in UgandaThe program, which is

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Bagala Boosts Women’s Economic Power with 10,000-Chicken Giveaway Across Mityana

Bagala Boosts Women’s Economic Power with 10,000-Chicken Giveaway Across Mityana

MITYANA- Mityana District Woman Member of Parliament, Joyce Bagala Ntwatwa, has distributed 10,000 chickens that are one month old to women across 17 sub-counties, including Maanyi, Malangala, Ssekanyonyi, Namungo, Busimbi, and others.The poultry distribution initiative, w

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Uganda’s Carbon Market Faces Global Scrutiny Amid Activist Calls at Bonn Summit

Uganda’s Carbon Market Faces Global Scrutiny Amid Activist Calls at Bonn Summit

BONN, Germany — Climate activists and health experts at the Bonn Climate Summit have called on global governments to take a decisive stand against fossil fuels and loosely regulated carbon markets, warning that failure to act could worsen both environmental degradation and public health outcome

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MTN Uganda plans mobile money spin-off

MTN Uganda plans mobile money spin-off

MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed

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MTN Donates ICT Hub, Boosts Child Welfare in Tooro Kingdom

MTN Donates ICT Hub, Boosts Child Welfare in Tooro Kingdom

MTN Uganda has wrapped up its 2025 edition of the “21 Days of Y’ello Care” campaign with a major donation to the Tooro Kingdom, aimed at promoting digital inclusion and supporting vulnerable children.In a handover ceremony at Best Nursery and Primary School, MTN Uganda—working with

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Founder of Riham maker buys Lugogo Mall

Founder of Riham maker buys Lugogo Mall

Yasser K. Ahmed, co-founder of Harriss International Limited, has purchased Lugogo MallYasser K. Ahmed, co-founder of Harriss International Limited, has purchased Lugogo Mall, which currently houses some of the largest retail outlets in Uganda, including

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