Category: Business

Turkey: Farmer’s tale from hobby to thriving business

Turkey: Farmer’s tale from hobby to thriving business

Dr Gerald Akankwasa, a general physician at Mulago Hospital, started his backyard flock in Jokolera, Kasangati Town Council, Wakiso District, with just three turkeys in early 2023. Barely two years later, he now has more than 170 birds of different ages. And with his determination and in

Ultimate Uganda

TotalEnergies Brings Electric Charging to Kampala with New Public Station

TotalEnergies Brings Electric Charging to Kampala with New Public Station

(Kampala) – TotalEnergies Marketing Uganda has opened its first public electric charging station in Kampala at the Wampewo Service Station, in partnership with Green Hub. This launch represents a notable advancement in Uganda’s commitment to transitioning towards renewable energy and sustainable

Ultimate Uganda

Uganda’s Tea Prices Reach $1.02 at Mombasa Auction

Uganda’s Tea Prices Reach $1.02 at Mombasa Auction

Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark

Ultimate Uganda

Govt to finally implement local insurance for importers

Govt to finally implement local insurance for importers

Effective January 1, next year, all importers will be required to insure their cargo using local companies. The new requirement is provided under the Marine Cargo Insurance Policy, which first took effect on July 1, 2022, but was postponed, with Uganda Revenue Authority saying importers

Ultimate Uganda

Understanding Italy, Uganda renewed business engagement

Understanding Italy, Uganda renewed business engagement

Uganda, through Ministry of Agriculture walks away from this year’s international Agricultural Machinery Exhibition with a commitment from Italy to establish an agricultural mechanization training centre in the eastern district of Iganga next year. The centre is estimated to cost about

Ultimate Uganda

MTN Uganda Set to Increase Dividend Payouts for Investors

MTN Uganda Set to Increase Dividend Payouts for Investors

(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f

Ultimate Uganda

Who is elegible for Grow loans?

Who is elegible for Grow loans?

In August, women from as far as Jinja and Mityana districts, gathered at Hotel Africana for a knowledge-sharing day-long seminar for the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) grant.Vice President Jessica Alupo subsequently launched the project from the

Ultimate Uganda

What API accreditation means for Ugandan firm

What API accreditation means for Ugandan firm

As competition intensifies and the demand for certifications and accreditations in the oil and gas sector grows, it has become essential for both companies and their workforce to obtain these credentials. Certification not only builds industry trust but also enables organisations to compete

Ultimate Uganda

China partners with Busoga Consortium to eradicate poverty

China partners with Busoga Consortium to eradicate poverty

The government of China has joined forces with the Busoga Consortium for Development (BCD) to tackle household poverty in the region.  This collaboration comes after a 2019/2020 report by the Uganda Bureau of Statistics (Ubos) revealed that Busoga was among the top five sub-regions hind

Ultimate Uganda

West Nile Education Fund starts fundraising

West Nile Education Fund starts fundraising

The West Nile Education Trust Fund has launched a fundraising driving to raise Shs.1 billion for a scholarship fund for training science teachers and sponsor needy students. Speaking at the launch of the drive on Saturday, Dr Charles Draecabo the chairman of the West Nile Education Trust

Ultimate Uganda