Business •
09 Oct '24
Uganda’s coffee exports to the European Union (EU) are expected to remain unaffected by the looming December 2024 deadline of the EU Deforestation-free Regulation (EUDR), according to Hon. Henry Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties). The mi
Business •
09 Oct '24
A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons
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 •
09 Oct '24
Democratic Republic of Congo has accused Rwanda of creating obstacles in ongoing negotiations to resolve the M23 rebel conflict in eastern Congo that has displaced more than 1.7 million people. The comments by Congolese Foreign Minister Therese Kayikwamba Wagner to the U.N. Security Coun
Business •
07 Oct '24
Transitioning from a corporate job to self-employment is bold and challenging. Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t
Business •
06 Oct '24
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,
Business •
06 Oct '24
Imagine a bunch of nerds in the 1960s, sitting around thinking: “Hey, what if we could send messages between these things called computers instead of just passing notes in class?” They proceed to further think: “Let’s make these machines talk to each other so we don’t have to!" And
Business •
06 Oct '24
This past week, panic has gripped East Africans in the Middle East as Lebanon came under a hail of fire from Israel and tensions between Tel Aviv and Iran reached a crescendo. The Kenyan government has been struggling to get its nationals to register for evacuation, as some
Business •
04 Oct '24
The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arrangements to enable the Fund to pay their protected deposit up to the limit of Shs10m. Â Speaking during the Makere
Business •
04 Oct '24
The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate