Business •
09 Nov '24
President Museveni’s televised address to the nation Thursday night went to great lengths to drill the final nail in the coffin of the Uganda Coffee Development Authority (UCDA). Formed by an Act of Parliament 1991 that was amended three years later, UCDA stepped into the shoes of th
Business •
08 Nov '24
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark
Business •
08 Nov '24
The National Environment Management Authority (NEMA) has said it closed a private cattle farm in uptown Kololo, following neighbours' complaints about a pungent smell from piles of animal wastes and noise pollution in Kampala. NEMA insists that the zero-grazing farm, which started in 201
Business •
08 Nov '24
The identities of the men and women in civilian clothes who raided Parliament chamber and grabbed some MPs after lights were switched off remain contentious. Six MPs were seized, pushed, and carried off from the floor of Parliament soon after Speaker Annet Among suspended 12 legislators
Business •
05 Nov '24
Uganda security agencies will be watching closely to know whether they will have to deal with Donald Trump, the candidate for the Republican Party, or Kamala Harris of the Democratic Party, for the next four years. Americans cast their votes today to choose the next president for four ye
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
Allan Okello, the former KCCA playmaker, now a linchpin for Vipers, has been in scintillating form, scoring goals and providing assists with breathtaking regularity. His transformation has ignited Vipers' title bid, leaving KCCA, who currently sit in third place, restless and eager to
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
Police have linked the killing of 10 people from one family in Mizizi A Village, Kyaterekera sub-county in Kagadi District to disagreements over a religious outfit. Maj Billal Katamba, the public information officer for the UPDF Mountain Division and Operation Shujaa, said preliminary in
Business •
29 Oct '24
The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their