Business

Latest business reporting and analysis for Uganda.

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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...

Ultimate Uganda

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...

Ultimate Uganda

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 n...

Ultimate Uganda

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...

Ultimate Uganda

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 Saturda...

Ultimate Uganda

Ultimate Uganda

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 busi...

Ultimate Uganda

Ultimate Uganda

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 function...

Ultimate Uganda

Ultimate Uganda

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 i...

Ultimate Uganda

Ultimate Uganda

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 f...

Ultimate Uganda

Ultimate Uganda

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