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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Top 100 mid-sized firms urged to embrace digital transformation

Top 100 mid-sized firms urged to embrace digital transformation

Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G

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Busoga kingdom rallies coffee farmers to register ahead of EU deadline

Busoga kingdom rallies coffee farmers to register ahead of EU deadline

The prince (Issabalangira) of Bugabula chiefdom in Busoga Kingdom, Mr Moses Woira Mitala Kitimbo, has urged coffee farmers in Kamuli District to embrace the ongoing coffee registration exercise, which seeks to comply with European Union guidelines on exports. Uganda has up to December 30

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NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

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Discover the Ancient African 'Superfood' Baobab Transforming Lives

Discover the Ancient African 'Superfood' Baobab Transforming Lives

An ancient African tree has emerged as a new 'superfood,' revolutionizing the lives of local harvesters struggling to survive in the face of climate change-induced challenges. The baobab tree, famously known as the “tree of life,” has become a key player in the growing global market for natural

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Mushroom Growers Appreciate President Museveni for The Farming Inspiration, Appeal For More Support

Mushroom Growers Appreciate President Museveni for The Farming Inspiration, Appeal For More Support

Mushroom growers in Kampala metropolitan area have appealed to President Yoweri Kaguta Museveni to assist them acquire a collection centre for easy market access and value-addition materials to enable them increase their income base. Princess Nassolo Pauline, a Senior Presidential Advisor- El

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PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

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PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

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Outrage as Multichoice increases subscription fees again

Outrage as Multichoice increases subscription fees again

There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium content’s pricing  for DStv and GOtv once again as it struggles to balance its costs with the fast-shrinking market. The price increments average 3

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Tanzania to expand natural gas exports to neighboring countries

Tanzania to expand natural gas exports to neighboring countries

Tanzania is advancing plans to expand its natural gas exports to neighbouring countries, including Uganda, Kenya, the Democratic Republic of the Congo (DRC), and Zambia, as it continues its ambition to become a regional cooking energy powerhouse.

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