Category: Business

Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the oversea market, according to the Uganda Coffee Development Authority (UCDA). The monthly UCDA coffee report for August r

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Rev. Fr. Mathias Kwehangana Urges Christians to Support Church Leaders

Rev. Fr. Mathias Kwehangana Urges Christians to Support Church Leaders

Christians have been encouraged to support their church leaders for the advancement and growth of the church. Rev. Fr. Mathias Kwehangana of Kabale Diocese made this appeal during the thanksgiving ceremony of Christ the King Parish catechist Maximiano Tushabomwe, held at his residence in Kigongi Cen

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Kisoro MP Hopeful Calls on Youth to Harness Talent for Employment Solutions

Kisoro MP Hopeful Calls on Youth to Harness Talent for Employment Solutions

Emmanuel Maniraguha, a hopeful member of Parliament for Kisoro Municipality in 2026, has urged the youth to focus on talent development as a key strategy to combat the country’s high unemployment rate. This message was delivered on Sunday, September 22, 2024, during the launch of the Kisoro

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Why Increasing Gas Taxes is Vital for the Future of Infrastructure Development

Why Increasing Gas Taxes is Vital for the Future of Infrastructure Development

The recent drop in oil prices has presented a unique opportunity for governments to boost their revenue through higher gas taxes. The Case for Higher Gas Taxes It's undeniable that fuel taxes have remained stagnant for a considerable amount of time. Advocates for higher gas taxes, including promine

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age

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Religious leaders call for sensitisation on EU coffee registration

Religious leaders call for sensitisation on EU coffee registration

The Inter-Religious Council of Uganda (IRCU) has called for more sensitisation of coffee farmers about the registration exercise that seeks to comply with European Union export guidelines. With less than three months for Uganda to comply with the European Union Deforestation Regulations

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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What next after Uganda fails to wake up and smell the coffee?

What next after Uganda fails to wake up and smell the coffee?

Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good

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