Business •
26 Sep '24
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen
Business •
24 Sep '24
The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea
Business •
24 Sep '24
Movement on the Kampala-Gulu highway was on Monday paralysed following the total closure of Karuma Bridge that links northern Uganda, South Sudan and DR Congo. The government closed the defective 61-year-old bridge to pave the way for its reconstruction, which is expected to take three m
Business •
23 Sep '24
Addressing deforestation has become critical in a world grappling with climate change, biodiversity loss, and ecosystem collapse. The European Union (EU) has responded to this challenge with the European Union Deforestation Regulation (EUDR), an ambitious policy designed to curb global defor
Business •
21 Sep '24
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good
Business •
19 Sep '24
The prince (Issabalangira) of Bugabula chiefdom in Busoga Kingdom, Mr Moses Woira Mitala Kitimbo, has urged coffee farmers in Kamuli District to embrace the ongoing coffee registration exercise, which seeks to comply with European Union guidelines on exports. Uganda has up to December 30
Business •
18 Sep '24
The Ugandan Mission in Abuja, Nigeria, is allegedly facing a financial crisis after its accounting officer, Mr Eriya Tusubira, was reportedly asked to return to Kampala. The Mission accuses Mr Tusubira of being absent from his post for more than six months and exhibiting unbecoming behav
Business •
18 Sep '24
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in
Business •
18 Sep '24
Governor Jeff Landry has confirmed the approval of a major disaster declaration for Louisiana by the White House. This declaration will provide federal assistance for various recovery efforts in the aftermath of Hurricane Francine, including temporary housing, home repairs, and low-cost loans to aid
Business •
16 Sep '24
The newly appointed Prime Minister of Bunyoro Kitara Kingdom, Dr Kasirivu Baltazar Atwooki, along with his cabinet, was officially sworn in today, marking a significant transition in the Kingdom's leadership. The ceremony, held at the residence of Chief Prince (