Business •
26 Sep '24
The Uganda Tourism Association (UTA) has appointed Muhereza Kyamutetera as its new Chief Executive Officer, effective October 1, 2024. Kyamutetera’s appointment comes at a critical moment for Uganda’s tourism sector as it continues to recover from the significant disruptions caused by the COVID-
Business •
25 Sep '24
U.S. President Joe Biden announced on Tuesday the donation of 1 million mpox vaccine doses and at least $500 million to African countries to support their response to the outbreak. Biden made the announcement at the United Nations General Assembly in New York, and called on other countri
Business •
24 Sep '24
The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea
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 •
24 Sep '24
Resty Namata began her career at Kiteezi Landfill as a sorter earning about Shs7,000, and eventually advanced to a picker, earning at least Shs10,000 daily. But more than half of the workers are women, who turn to this refuge to cope with socio-economic challenges."We are 600 women out of ab
Business •
23 Sep '24
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms. The move creates a new dimension, in which assets under management - especially by ins
Business •
23 Sep '24
Government has partnered with One Acre Fund (OAF) to front macadamia nuts to farmers as part of poverty alleviation strategies in Busoga Sub-region. Jinja District Production Officer Dr Tom Kasadha says government set aside three strategic commercial crops including Hass avocado, macadam
Business •
23 Sep '24
Despite significant medical advancement globally, cancer continues to be a leading cause of death among children in Uganda. The complexities of diagnosis, treatment and access to care reveal a crisis that demands attention and action. The Uganda Cancer Institute (UCI) registers approxima
Business •
23 Sep '24
Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.
Business •
23 Sep '24
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age