Category: Business

80% of business leaders not ready for AI, says KPMG

80% of business leaders not ready for AI, says KPMG

The 2024 KPMG CEO Outlook on preparedness to integrate Artificial Intelligence (AI) into their workspaces, shows that 80 percent of business leaders are not ready to invest in AI.  The outlook, which interviewed 50 business leaders across East Africa, indicates that 80 percent of leader

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Coffee shake-up: Uganda’s biggest gamble

Coffee shake-up: Uganda’s biggest gamble

Uganda's coffee industry faces a pivotal moment as Parliament deliberates on the National Coffee (Amendment) Bill 2024, which proposes to dissolve the Uganda Coffee Development Authority (UCDA) and integrate its functions into the Ministry of Agriculture.  The move, part of the govern

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MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga

MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga

MTN Uganda, through its corporate social responsibility arm, MTN Foundation, is excited to announce its latest initiative to boost digital access and education at St. Joseph’s Seminary Nyenga. As part of its commitment to empowering youth and bridging the digital divide, MTN Uganda is p

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Uganda's coffee industry: Understanding the origins of UCDA

Uganda's coffee industry: Understanding the origins of UCDA

By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda.  Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo

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Coffee boom: The Backbone of livelihoods in Bugisu

Coffee boom: The Backbone of livelihoods in Bugisu

Samuel Wakinya, 59, a primary school teacher, embarked on growing Arabica coffee on a large scale in 2004 and has never looked back. Mr Wakinya, a resident of Bushika sub-county in Bududa District, earned Shs60 million from his 10-acre plantation last season. “For us in Bugisu, cof

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VIDEO: New details of how govt slept on job ahead of Kiteezi dumpsite collapse

VIDEO: New details of how govt slept on job ahead of Kiteezi dumpsite collapse

On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr

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Why Black Friday is becoming a calendar event in Uganda

Why Black Friday is becoming a calendar event in Uganda

Black Friday in developed economies such as the United States has since become a calendar event in several countries across the globe, especially Africa.  This year it will kick off November 29, unofficially marking the start of the Christmas shopping season not only in the United State

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Top sustainability strategies for small businesses

Top sustainability strategies for small businesses

The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their

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Wealth-Building 101: Golden rules of investing

Wealth-Building 101: Golden rules of investing

As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta

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Coffee boom in the eyes of Buganda Kingdom

Coffee boom in the eyes of Buganda Kingdom

Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (

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