The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
A group of South Sudanese lawyers filed a case to the country's top court on Monday challenging the president's postponement of elections and extension of the transitional government's term for two years. Ten days ago, President Salva Kiir's office announced an extension of the transitio
Across the continent, in the past few months, Gen Z; those born between 1996 and 2010, according to McKinsey & Company, are increasingly becoming a voice to reckon with. Unlike generations past, they refuse to remain unheard and mobilise each other to place their demands. Raised in the f
The Inter-Religious Council of Uganda (IRCU) has called for more sensitisation of coffee farmers about the registration exercise that seeks to comply with European Union export guidelines. With less than three months for Uganda to comply with the European Union Deforestation Regulations
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
Contractors have said the poor state of roads in Nebbi District is stifling completion of government projects in the area. The contractors say they are finding difficulties in transporting materials to the sites, especially whenever it rains. One of the affected projects is the const
For decades, Bukedi sub-region in Eastern Uganda was primarily known for cotton cultivation. However, fluctuating prices led farmers to abandon cotton in search of more viable alternatives. During the launch of the Bukedi Strategic Development Plan, leaders outlined coffee and cocoa as c
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
(St. Petersurg, Russia) – Uganda’s Vice President Jessica Alupo recently praised Russia at the 4th Eurasian Women Forum, held in Saint Petersburg. While Ukraine’s skies are lit up with Russian missiles, Alupo was busy applauding Russia’s commitment to “peace, security, and development.”
The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz
