Search Results

‘There are no winners’: global companies respond to Trump tariffs

‘There are no winners’: global companies respond to Trump tariffs

From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about

Ultimate Uganda

Tomatoes, Fresh Leaf Vegetables Lead Monthly Inflation Surge in Uganda

Tomatoes, Fresh Leaf Vegetables Lead Monthly Inflation Surge in Uganda

Monthly headline inflation for February 2025 surged by 0.6%, more than doubling the 0.3% recorded in January 2025.The cost of living in Uganda has experienced a notable rise, with tomatoes and fresh leaf vegetables emerging as the primary contributors to monthly

Ultimate Uganda

Electricity distribution shifts from private to public hands

Electricity distribution shifts from private to public hands

The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March, Ziria Tibalwa Waako, the chief executive officer of the Electricity Regulatory Authority (ERA), has s

Ultimate Uganda

Good News: Gov’t Takes Over Electricity, Cuts Bill for Ugandans – See How Much to Pay Per Unit

Good News: Gov’t Takes Over Electricity, Cuts Bill for Ugandans – See How Much to Pay Per Unit

Uganda's government has announced a significant shift in its energy sector with the takeover of electricity distribution and sales, a move expected to lower electricity costs. The Uganda Electricity Distribution Company Ltd (UEDCL) has received licenses from the

Ultimate Uganda

‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and discover real potential.  That’s how Mogo Uganda, an asset-financing tech company, landed in Kampala.  The

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 from his 10-acre plantation last season. “For us in Bugisu, cof

Ultimate Uganda

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

Ultimate Uganda

Kyotera leaders up in arms over delayed market works

Kyotera leaders up in arms over delayed market works

Local leaders in Kyotera District have tasked the government to explain the delayed commencement of the Mutukula Regional Market which has failed to take off four years after a foundation stone was laid. The Shs2 trillion project had started in 2020 but stalled a few months due to the Co

Ultimate Uganda

Will MPs’ stance against Bill to control alcohol return to bite?

Will MPs’ stance against Bill to control alcohol return to bite?

Parliaments all over the world have been known as places where elected representatives of the people develop, deliberate, and adopt legislation that promotes public interests. In Uganda, Parliament has been at the forefront of originating, drafting and passing Bills that are often aimed

Ultimate Uganda

Businesses report improved business environment despite rising input costs 

Businesses report improved business environment despite rising input costs 

The Stanbic Purchasing Managers’ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September.  However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio

Ultimate Uganda