Business •
13 Oct '24
When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”. More than a decade since its inception in 2013, Atiak Sugar Factory con
Business •
12 Oct '24
While on the campaign trail ahead of the 2021 poll, Bashir Kazibwe—who would go on to become the Kawempe South lawmaker—was eager to be seen hobnobbing with Robert Kyagulanyi Ssentamu, alias Bobi Wine, the National Unity Platform (NUP) principal. All this would change after Kazibwe joine
Business •
11 Oct '24
The Bill mainly wants Opposition leaning MPs to elect the Leader of Opposition (LoP). Opposition political parties have asked Parliament to trash the Administration of Parliament (Amendment) Bill, 2024 that chiefly seeks to have the Leader of Opposition in Parliament (LoP) elected. T
Business •
11 Oct '24
Four years ago, the coronavirus pandemic increased human reliance on technology which enabled virtual engagements. Research by the National Library of Medicine, a US-based biomedical informatics and the world's largest biomedical online library shows that the Covid-19 imposed restr
Business •
11 Oct '24
During his visit to Uganda, Faith Abeeza proved that the strong connection she shared with Robert Mukombozi during their long phone calls across continents was real and enduring. Both had longed for physical closeness and companionship. Mukombozi, who works in Australia, was thrilled t
Business •
11 Oct '24
It has been one year since Arnold Mutebi purchased a 2001 model CR-V RE2 4WD Honda. When he bought the car, he was looking for a fuel-efficient vehicle that had a fairly high ground clearance and was affordable to maintain. Despite having the means to afford a newer car, Mutebi's passion for
Business •
09 Oct '24
Uganda’s coffee exports to the European Union (EU) are expected to remain unaffected by the looming December 2024 deadline of the EU Deforestation-free Regulation (EUDR), according to Hon. Henry Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties). The mi
Business •
09 Oct '24
The National Resistance Movement (NRM) has officially kicked off its primary campaigns for the Kisoro District Woman Member of Parliament by-election, which is set to replace the late Sarah Mateke, the former State Minister for Defence and Veteran Affairs. The by-election has drawn significant inter
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
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot