Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
By  Steven Wandera More than 150 orphans at Restoration Gateway, a Christian non-governmental organisation in Kiryandongo District, are stranded after staff laid down their tools due to non-payment of salaries for more than five months. The most affected children are those whos
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo
Samuel Wakinya, 59, a primary school teacher, embarked on growing Arabica coffee on a large scale in 2004 and has never looked back. Mr Wakinya, a resident of Bushika sub-county in Bududa District, earned Shs60 million from his 10-acre plantation last season. “For us in Bugisu, cof
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
Black Friday in developed economies such as the United States has since become a calendar event in several countries across the globe, especially Africa. This year it will kick off November 29, unofficially marking the start of the Christmas shopping season not only in the United State
The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their
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 (
Coffee farmers in Bukomansimbi District are reaping big and savouring the fruits of labour from growing the brown beans. The farmers are now happy owners of gleaming houses and sleek cars while their children have guaranteed access to good schools that were once out of reach for most of
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
