Business •
14 Oct '24
Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, will produce medications for infectious and non-communicable diseases, to add to its HIV and anti-malarial drugs. Mr
Business •
13 Oct '24
The Democratic Republic of Congo (DRC) has protested the US labelling of child labour in mines, with Kinshasa saying the assessment does not take into account the steps taken to improve on the sector’s governance. The reactions this week followed a US Department of Labour’s report th
Business •
13 Oct '24
Makerere University academic registrar says the rankings are not a true reflection of their performance. Makerere University has poked holes into the 2025 World University Rankings by the Times Higher Education, protesting the institution’s decline of its global standing. The unive
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12 Oct '24
Cocoa grows well on a wide range of soils but lose soils that allow movement of air and moisture, and root penetration is ideal. It must hold moisture in the soil during the dry season, as cocoa needs a regular supply of moisture for good growth. Cocoa can be grown in soils having a pH v
Business •
10 Oct '24
The United Kingdom (UK) has announced a significant contribution of up to £1 million (approximately UGX 4.8 billion) to support Uganda's response to the ongoing Mpox outbreak. According to the British High Commission in Kampala, this funding will be channelled through Baylor College o
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
09 Oct '24
As the festive season approaches, many homeowners find themselves preoccupied with various ways to refresh their homes, even when everything is still perfectly functional. Ronald Atwine, a civil engineer and managing director of SandBolt Limited, highlights a significant issue; many homeowne
Business •
09 Oct '24
Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi
Business •
08 Oct '24
In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov
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08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,