Search Results

Wealth-Building 101: Golden rules of investing

Wealth-Building 101: Golden rules of investing

As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta

Ultimate Uganda

Coffee boom in the eyes of Buganda Kingdom

Coffee boom in the eyes of Buganda Kingdom

Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (

Ultimate Uganda

We are fast-tracking waste-to-energy plant in Ddundu, says KCCA

We are fast-tracking waste-to-energy plant in Ddundu, says KCCA

Kampala Capital City Authority (KCCA) has said it is fast-tracking the development of a waste-to-energy plant in Ddundu, Mukono District. Mr Dan Muhumuza Niweabine, the KCCA head of public and corporate affairs, yesterday said Ddundu land would not be a “dumping site but a centre where

Ultimate Uganda

Ssenyonyi wants probe into Shs550b Atiak sugar deal

Ssenyonyi wants probe into Shs550b Atiak sugar deal

The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has been pumped into Atiak Sugar Factory was utilised, saying there is little to nothing on ground to show for the money. Fo

Ultimate Uganda

Parliament summons Finance, AG over Roko’s Shs260b bailout

Parliament summons Finance, AG over Roko’s Shs260b bailout

Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec

Ultimate Uganda

How local firms are taking on engineering works at EACOP

How local firms are taking on engineering works at EACOP

“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo

Ultimate Uganda

Atuharire to women: Shift from handouts to business investment

Atuharire to women: Shift from handouts to business investment

You seemed so focused in training businesswomen and entrepreneurs. Why is that so important to you?Uganda has been ranked by the Global Entrepreneurship Monitor as one of the most entrepreneurial countries in the world with 30 percent of Ugandans starting businesses annually. But not many of

Ultimate Uganda

Entebbe Airport increases parking fees

Entebbe Airport increases parking fees

Uganda Civil Aviation Authority (UCAA) has increased car parking charges at Entebbe International Airport. The new charges will take effect next month, November 1. “In a bid to enhance ongoing efforts for investment in upgrading facilities for a better passenger experience, revised car

Ultimate Uganda

VIDEO: Questions linger over Shs10 trillion SGR cost

VIDEO: Questions linger over Shs10 trillion SGR cost

In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu

Ultimate Uganda

Namanve industrial park road works remain at 51% less than a to end of project

Namanve industrial park road works remain at 51% less than a to end of project

A report by the Ministry of Finance has indicated that works on critical infrastructure that seeks to connect all estates in the Kampala Business and Industrial Park, also known as the Namanve Industrial Park, remain far behind schedule less than a year to the planned completion date. Go

Ultimate Uganda