Category: Business

PSFU asks govt to address delays in paying domestic arrears

PSFU asks govt to address delays in paying domestic arrears

Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t

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Three Month Closure for Karuma Bridge Starts Next Week

Three Month Closure for Karuma Bridge Starts Next Week

(Kiryandongo) – The Karuma Bridge will be closed to all traffic for three months starting September 23, according to Uganda’s Minister for Works and Transport, Gen. Edward Katumba Wamala. This closure is part of a major restoration project aimed at enhancing the safety and durability of the brid

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The Fascinating History of Alabama's Cotton Bags and Their Impact on the Textile Industry

The Fascinating History of Alabama's Cotton Bags and Their Impact on the Textile Industry

In a recent event at the Oxford Arts Council’s Fall Arts and Culture Series, Sarah Bliss Wright captivated the audience with a remarkable story about Alabama's rich history intertwined with cotton and cotton bags. Unveiling Alabama's Textile Legacy Rural women in Alabama made significant contribu

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Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs

Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs

"Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs "Chipotle, the popular Mexican fast-food chain, is taking a significant step to address customer complaints about inconsistent food portions and rising costs. The company is now testing innovative robots at sel

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Mushroom Growers Appreciate President Museveni for The Farming Inspiration, Appeal For More Support

Mushroom Growers Appreciate President Museveni for The Farming Inspiration, Appeal For More Support

Mushroom growers in Kampala metropolitan area have appealed to President Yoweri Kaguta Museveni to assist them acquire a collection centre for easy market access and value-addition materials to enable them increase their income base. Princess Nassolo Pauline, a Senior Presidential Advisor- El

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Time Magazine Names Standard Bank Among World’s Best Companies

Time Magazine Names Standard Bank Among World’s Best Companies

Kampala, Uganda – Stanbic Uganda’s mother company—Standard Bank Group, which is also Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisat

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Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease.  Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call

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PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

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PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

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How more conferences will boost our economy

How more conferences will boost our economy

Briefly tell us about yourself.I have been the chief executive officer of Uganda Hotel Owners Association (UHOA) for the last eight years. I started as the first female CEO of this association. When I took over, I was the youngest person to hold this position.We started the association with

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