Business •
13 Oct '24
When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”. More than a decade since its inception in 2013, Atiak Sugar Factory con
Business •
12 Oct '24
While on the campaign trail ahead of the 2021 poll, Bashir Kazibwe—who would go on to become the Kawempe South lawmaker—was eager to be seen hobnobbing with Robert Kyagulanyi Ssentamu, alias Bobi Wine, the National Unity Platform (NUP) principal. All this would change after Kazibwe joine
Business •
09 Oct '24
Kenya’s National Assembly voted to impeach Deputy President Rigathi Gachagua on Tuesday, October 8, 2024 in a historic political event. The decision was made during a lengthy parliamentary session, with 281 members voting in favor of the impeachment, while 44 opposed it, and one member abstained.
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
08 Oct '24
Rwanda has overtaken Kenya as Ugandaâs biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine months to September, Rwanda took 35.3 percent or 39.3 tonnes of sugar out of the 111.1 tonnes Uganda exported to the EAC Common
Business •
08 Oct '24
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the
Business •
08 Oct '24
Previously, the prisons had more inmates on remand than the convicts serving their various sentences. But the trajectory has in the recent past since changed with now the convicts being more than those on remand. Statistics obtained from the Prisons show that there are 41,065 convicts, w
Business •
06 Oct '24
The 2024 census puts Bukedi Sub-region’s population at 2,376,744, with women (1,206,825) outnumbering men (1,169,919). Tororo (609,117), Busia (412,018), Pallisa (330,961), and Butaleja (312,713) are the most populated districts in the sub-region. Other districts include Budaka (281,106),
Business •
06 Oct '24
Fufa celebrated 100 years of existence on Friday as a prelude to the centurion annual general meeting in Wakiso District. However, Ugandan football history dates back to the 19th century when it was first introduced by missionaries. We dig into this storied past in this timeline of events,
Business •
04 Oct '24
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann