Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
08 Oct '24
The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment. Speaking duri
Business •
06 Oct '24
Jackfruit, whose scientific name is Artocarpus heterophyllus Lam, has potential to reduce food and nutrition insecurity for both rural and urban communities in various parts of the world. Studies have shown that jackfruit is rich in both macro and micronutrients including carbohydrates,
Business •
06 Oct '24
The government has renewed its call to phase out the use of mercury among Artisanal and Small-Scale Gold Miners (ASGM), citing severe health risks and environmental pollution. Phiona Nyamutoro, Minister of State for Energy and Mineral Development (Minerals), emphasized the urgency of thi
Business •
04 Oct '24
The Ministry of Energy and Mineral Development has tasked Uganda Electricity Distribution Company Ltd (UEDCL) to fix glitches facing the distribution of power in the country. In a statement delivered by Dr Patricia Litho, the assistant commissioner for communications at the Ministry of E
Business •
04 Oct '24
Uganda is seeking funds to build three hydropower plants that would add over 1,600 megawatts (MW) of capacity to help meet rising power demand, an energy official said on Wednesday. The East African country has identified three potential sites on the Nile river, the biggest of which is t
Business •
01 Oct '24
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option
Business •
01 Oct '24
If you had to choose between a food voucher that provides you with a three-month nutrition plan and free access to a state-of-the-art gym for three months, what would you choose? I have a feeling that many people would go for the nutrition voucher. The thought of going to the gym can be quit
Business •
01 Oct '24
Joint Security Forces in Kaabong District are investigating the circumstances under which a UPDF private allegedly shot himself at Korimong Guest House. Pte David Wabule from the 45 Infantry Battalion based in the restive mineral-rich Karamoja sub region had traveled to Kaabong Town from
Business •
01 Oct '24
Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel