Business •
31 Oct '24
The 2024 KPMG CEO Outlook on preparedness to integrate Artificial Intelligence (AI) into their workspaces, shows that 80 percent of business leaders are not ready to invest in AI. The outlook, which interviewed 50 business leaders across East Africa, indicates that 80 percent of leader
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
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Business •
31 Oct '24
By  Steven Wandera More than 150 orphans at Restoration Gateway, a Christian non-governmental organisation in Kiryandongo District, are stranded after staff laid down their tools due to non-payment of salaries for more than five months. The most affected children are those whos
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 •
31 Oct '24
Butambala Member of Parliament Muhammad Muwanga Kivumbi has said he resisted intimidation by President Museveni during their phone call last Thursday over the controversial National Coffee (Amendment) Bill, 2024. Mr Kivumbi, who is also the chairperson of the Buganda Parliamentary Caucus
Business •
31 Oct '24
Samuel Wakinya, 59, a primary school teacher, embarked on growing Arabica coffee on a large scale in 2004 and has never looked back. Mr Wakinya, a resident of Bushika sub-county in Bududa District, earned Shs60 million from his 10-acre plantation last season. “For us in Bugisu, cof
Business •
31 Oct '24
The Government Chief Whip, Mr Hamson Denis Obua, has vowed to front a solid team to ensure that the National Coffee (Amendment) Bill, 2024, is endorsed to pave the way for the rationalisation of the Uganda Coffee Development Authority (UCDA). Mr Obua insists that the position on the Bill
Business •
29 Oct '24
It is midday and Gaudensia Tankobatagira is sitting quietly on a stool beneath the shade of an avocado tree at her home in Kabigyemire Village, Busiriba Sub-county in Kamwenge District. Surrounded by her grandsons, the 63-year-old woman patiently shells beans. Dressed in a simple gown, p
Business •
29 Oct '24
As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta