Business •
17 Sep '24
The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said. The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi
Business •
15 Sep '24
Last week, Seeds of Gold received several calls from beginner farmers enquiring about the agronomy of Robusta coffee. The mad rush for coffee farming by Ugandans has hit record highs following the recent surge in prices of the crop at the world market.
Business •
15 Sep '24
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
Business •
13 Sep '24
The Ugandan government is proposing to create more new cities amid concerns that the nine cities, which were created in 2020, are already crippling financially and operating under numerous challenges.The Constitut
Business •
12 Sep '24
According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth
Business •
12 Sep '24
The Ministry of Finance, Planning, and Economic Development has said external financing for the National Budget is constantly on the decline.According to the ministry, this requires the government to strengthen do
Business •
12 Sep '24
On September 12, Omukama Oyo Nyimba Kabamba Iguru Rukidi IV will celebrate 29 years on the throne as the reigning monarch of Tooro Kingdom.The cultural event will take place at the kingdom royal palace, Karuziika,
Business •
12 Sep '24
The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara
Business •
10 Sep '24
With barely a month to Uganda’s 62nd Independence anniversary, a concerned citizen calling himself a historian, has asked the court in Kampala to issue orders to the Kampala Capital City Authority (KCCA) to immediately remove from all roads and streets within
Business •
10 Sep '24
OBONGI, Uganda – Police in Obongi district, led by the OC CID detective ASP Isiko Balisanyuka, are currently defying H.E. President Yoweri Kaguta Museveni’s executive order No. 3, which strictly bans the charcoal trade.