Business •
28 Sep '24
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B
Business •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
Business •
24 Sep '24
Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87 (Shs3,200) in August. The recent auctions at the Mombasa Tea Auction, closing on September 17, revealed a notable incr
Business •
19 Sep '24
Kampala is projected to experience a population surge of at least 58 percent, growing from approximately four million to seven million by 2035, as detailed in the World Population Review based on the UN World Urbanisation Prospects. This report suggests that without appropriate interventions
Business •
17 Sep '24
President Yoweri Kaguta Museveni has cautioned leaders against using money in politics, saying that it’s against the National Resistance Movement (NRM)’s 4th principle of democracy.
“With Principle No.4 (democracy), we must remove the pollution of using money in politics. Let all leader
Business •
17 Sep '24
President Yoweri Museveni has stepped in to address the ongoing conflict between sugar millers and sugarcane outgrowers over the fluctuation in sugarcane prices. This intervention comes after prolonged disagreements about the pricing of raw cane. Mr Museveni’s intervention is contained
Business •
29 Jul '24
Sentongo Haruna’s most recent property had taken the town by storm: a newly constructed $24 million penthouse in the heart of Ntinda, perched atop the Haruna Shopping Mall.This penthouse was unlike any other property ever constructed in Africa, a marvel
Business •
02 May '24
What you need to know:President Yoweri Kaguta Museveni on May 1 demanded that companies recruit employees on a permanent rather than a temporary basis. If this declaration is carried out, it will impose mandatory employment contracts and set working con
Business •
21 Feb '24
President Yoweri Kaguta Museveni recently sat down with a group of leaders from the Teso sub-region for a chat in what can only be described as a riveting episode of “Museveni’s Teso Talk Show,”Led by Mr. Calvin Echodu, the National Resistance Movement (NRM) flagbearer for Soroti Wes
Business •
21 Feb '24
What you need to know:A cross-section of political observers yesterday welcomed a call by Justice and Constitutional Affairs Minister Norbert Mao asking President Museveni to prepare for a peaceful transition of power, or risk dragging the country back into the dark past of civil strife