Search Results

Govt plans to cut next budget by Shs14 trillion

Govt plans to cut next budget by Shs14 trillion

Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f

Ultimate Uganda

Green Finance: Uganda's farming lifeline

Green Finance: Uganda's farming lifeline

Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi

Ultimate Uganda

Experts want climate change campaigns to include agriculture

Experts want climate change campaigns to include agriculture

As the world faces the rising effects of climate change, there is an urgent need to rally the population and governments towards promoting environmentally friendly farming practices (agroecology). The challenge is pressing in developing countries, where industrial agriculture characteris

Ultimate Uganda

50% of agribusiness loan requests rejected - BoU

50% of agribusiness loan requests rejected - BoU

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

Ultimate Uganda

Naro intensifies banana value addition research

Naro intensifies banana value addition research

The National Banana Research Programme (NBRP) under National Agricultural Research Organisation (Naro) situated at Kawanda is working with private processors of products from banana to discover the most practical banana-based products for mass production in Uganda. Various prototypes of

Ultimate Uganda

High yielding jackfruit give hope to farmers

High yielding jackfruit give hope to farmers

Jackfruit, whose scientific name is Artocarpus heterophyllus Lam, has potential to reduce food and nutrition insecurity for both rural and urban communities in various parts of the world. Studies have shown that jackfruit is rich in both macro and micronutrients including carbohydrates,

Ultimate Uganda

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

Ultimate Uganda

How vegetable farmers can use new digital system to boost global competitiveness

How vegetable farmers can use new digital system to boost global competitiveness

Ugandan farmers and exporters have been urged to adopt a new digital traceability system, to enhance the tracking of fresh produce from farms to Entebbe International Airport. The developers of the system, Re-engineering of Uganda's Sanitary and Phytosanitary Inspection of Horticulture E

Ultimate Uganda

Support systems lacking as poisoning cases soar in Eastern Uganda

Support systems lacking as poisoning cases soar in Eastern Uganda

Fionah Auma, not real name, a resident of Busia District, was in 2019 chased from her husband's home by her in-laws after he died of hepatitis B. Auma says her in-laws claimed she had no right to stay at their late brother's home because she had not borne him children. Smarting with

Ultimate Uganda

Tayebwa lauds China for boosting Uganda’s economy

Tayebwa lauds China for boosting Uganda’s economy

The Deputy Speaker of Parliament, Mr Thomas Tayebwa, has commended the government of China for contributing to the development of Uganda. Mr Tayebwa said the two countries have continued to enjoy and consolidate the good relations in diverse fields, including political, technical, invest

Ultimate Uganda