Category: Business

The coffee boom: New millionaires

The coffee boom: New millionaires

Coffee farmers in Bukomansimbi District are reaping big and savouring the fruits of labour from growing the brown beans. The farmers are now happy owners of gleaming houses and sleek cars while their children have guaranteed access to good schools that were once out of reach for most of

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We are fast-tracking waste-to-energy plant in Ddundu, says KCCA

We are fast-tracking waste-to-energy plant in Ddundu, says KCCA

Kampala Capital City Authority (KCCA) has said it is fast-tracking the development of a waste-to-energy plant in Ddundu, Mukono District. Mr Dan Muhumuza Niweabine, the KCCA head of public and corporate affairs, yesterday said Ddundu land would not be a “dumping site but a centre where

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Traders in tears after Kigogwa fuel tanker explosion

Traders in tears after Kigogwa fuel tanker explosion

Several businesspeople in Kigogwa Town are counting losses after a fuel tanker exploded at a trading centre on Tuesday. The northbound tanker overturned before bursting into flames that engulfed the area, destroying several shops that included hardware, stationery, salons, and eateries,

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Ssenyonyi wants probe into Shs550b Atiak sugar deal

Ssenyonyi wants probe into Shs550b Atiak sugar deal

The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has been pumped into Atiak Sugar Factory was utilised, saying there is little to nothing on ground to show for the money. Fo

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Why poor people need insurance more than the rich   

Why poor people need insurance more than the rich   

When you talk about insurance, what runs through the minds of many Ugandans, is an imaginary image of a wealthy person, cushioning his property or the health of his family members.However, a section of experts in insurance industry have argued that the poor need insurance services more than

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MTN Uganda Bids Farewell to Ex CMO Somdev Sen in a Memorable Celebration

MTN Uganda Bids Farewell to Ex CMO Somdev Sen in a Memorable Celebration

The evening was filled with tributes, from colleagues celebrating his remarkable impact on MTN Uganda’s brand and market position. A light moment between Somdev and the MTN CFO, Andrew Bugembe (In suit)Various speakers praised Somdev’s contributions, highlighting his leadership i

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Kigogwa fuel tanker explosion: What we know so far

Kigogwa fuel tanker explosion: What we know so far

At least 10 bodies had by Tuesday evening been recovered from the scene of a fuel tanker explosion at Kigogwa Town on Kampala-Bombo road in Wakiso District. Another person is said to have died at Kiruddu Referral Hospital where several of those who sustained severe burns were rushed for

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Collaborate for strong SME communities

Collaborate for strong SME communities

Among many other skills and initiatives, networking and collaboration have emerged as essential strategies for Small and Medium-sized Enterprises (SMEs) to foster growth and enhance their visibility while actively engaging with their clients. Networking can be defined as the process of estab

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How local firms are taking on engineering works at EACOP

How local firms are taking on engineering works at EACOP

“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo

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Atuharire to women: Shift from handouts to business investment

Atuharire to women: Shift from handouts to business investment

You seemed so focused in training businesswomen and entrepreneurs. Why is that so important to you?Uganda has been ranked by the Global Entrepreneurship Monitor as one of the most entrepreneurial countries in the world with 30 percent of Ugandans starting businesses annually. But not many of

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