Business •
17 May '25
The price of brown sugar has soared across Uganda, with consumers and traders alike feeling the pinch of global supply disruptions and erratic weather that has battered production in leading sugar-exporting nations.A kilogram of brown sugar now sells for between Shs5,500 a
Business •
17 May '25
Stanbic Bank has introduced a preapproved mortgage financing solution that empowers existing clients with up to shs 500 million—without the need for the traditional loan application process.“Homeownership should not be a privilege for a few—it should be an achievable milestone for ev
Business •
14 May '25
As Uganda moves closer to the 2026 general elections, David Williams Magezi, one of the country's young political voices known for his eloquence has announced that he will challenge President Museveni in the upcoming presidential race.Magazi said he is driven by the continued marginalizati
Business •
14 May '25
Former Uruguayan President José Mujica, known as "Pepe", has died at the age of 89.The ex-guerrilla who governed Uruguay from 2010 to 2015 was known as the world's "poorest president" because of his modest lifestyle.Current President Yamandú Orsi announced his pre
Business •
14 May '25
When David Mulaliira first weighed the risks of launching a soft‑drink distribution business, he knew he needed a partner whose reputation spoke for itself.As owner of Vinegarden Enterprises dealing in school supplies, construction materials, and consulting services, he had built small s
Business •
14 May '25
Uganda is launching a transformative initiative to protect and promote its first-ever Geographical Indication (GI), the Rwenzori Mountains of the Moon Coffee.This strategic move not only sets a new era for Uganda's coffee industry but also significantly enhances the livelihoods of local fa
Business •
14 May '25
The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating
Business •
14 May '25
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Business •
14 May '25
Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo
Business •
14 May '25
Former Uruguayan President José Mujica, known as "Pepe", has died at the age of 89.The ex-guerrilla who governed Uruguay from 2010 to 2015 was known as the world's "poorest president" because of his modest lifestyle.Current President Yamandú Orsi announced his pre