Search Results

Govt to donate coffee processing machine to Bugisu Cooperative Union

Govt to donate coffee processing machine to Bugisu Cooperative Union

Government is set to bolster the operations of Bugisu Cooperative Union (BCU) with coffee value addition equipment to enhance the profitability of farmers and revive the cooperative movement in Eastern Uganda.While speaking at the union’s 64th Annual General Meeting in Mbale on Friday, S

Ultimate Uganda

Now We Have AI, We Can Get Rid Of Insecure QR Codes For Good

Now We Have AI, We Can Get Rid Of Insecure QR Codes For Good

A quarter of US merchants are adding or planning to offer QR payments in the next three years with slightly higher proportion of UK merchants following the same trend. But the spread of QR codes in retail is not only about payments. More than 80% of retailers believe offering QR code scanning for pr

Ultimate Uganda

Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?

Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?

I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there are decades where nothing happens; and there are weeks where decades happen’, which in turn has been repeated back to me whereve

Ultimate Uganda

Airtel expands network coverage in Kabale Municipality with five new sites

Airtel expands network coverage in Kabale Municipality with five new sites

Airtel Uganda has reinforced its commitment to providing superior network connectivity by commissioning five newnetwork sites in Kabale Municipality.Speaking at the commissioning event, Airtel Uganda’s Sales Director, Mr. Wongani Muthayi, emphasized the company

Ultimate Uganda

Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici

Ultimate Uganda

Keith Kalyegira appointed Absa Bank's board chairperson

Keith Kalyegira appointed Absa Bank's board chairperson

Absa Uganda has appointed  Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva

Ultimate Uganda

Your Money Needs Discipline, Not Just Dreams

Your Money Needs Discipline, Not Just Dreams

There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a job. I hope your wallet had a productive week. But now, let’s talk about something even mor

Ultimate Uganda

Govt Eyes Billions in New Taxes on Beer, Cigarettes

Govt Eyes Billions in New Taxes on Beer, Cigarettes

Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes

Ultimate Uganda

‘There are no winners’: global companies respond to Trump tariffs

‘There are no winners’: global companies respond to Trump tariffs

From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about

Ultimate Uganda

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme r

Ultimate Uganda