Business •
08 Nov '24
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark
Business •
08 Nov '24
Salva Kiir Mayardit has served as South Sudanâs president since the countryâs independence in 2011. South Sudanâs secession from Sudan came on the heels of a long and bloody civil war that resulted in a referendum on independence. The initial optimism about the new state f
Business •
05 Nov '24
(US) – American voters are set to cast their ballots on November 5 to select their next president, but the results may take longer than usual due to a competitive race.
This election features a tight contest between Democrat Kamala Harris, the current vice president, and Republican Donald T
Business •
31 Oct '24
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 functions into the Ministry of Agriculture. The move, part of the govern
Business •
31 Oct '24
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 it overtook cotton as the most important “cash crop” and expo
Business •
23 Oct '24
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec
Business •
21 Oct '24
The hope of paving roads from the Ugandan border to cities in the Democratic Republic of Congo has got a lease of life after the transport ministers of both countries signed an amended agreement to develop them. The Uganda Minister of Works and Transport, Gen Edward Katumba Wamala, and h
Business •
17 Oct '24
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj
Business •
16 Oct '24
As Uganda today joins the rest of the world to mark World Food Day, at least three in every 10 households will skip a meal or not eat at all for the entire day. Mr Moses Mbuusi, a statistician at the Uganda Bureau of Statistics (Ubos), defined severe food insecurity as frequent and prolo
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