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Gov’t Explains Drop in Coffee Prices, Blames Global Oversupply and Strong Harvests

Gov’t Explains Drop in Coffee Prices, Blames Global Oversupply and Strong Harvests

The Ugandan government has broken its silence on the sharp decline in coffee prices that has sparked widespread concern among farmers and sector players.In a detailed statement issued on Sunday, Minister for Agriculture, Animal Industry and Fisheries, Frank Tumwebaze, confirmed the price s

Ultimate Uganda

New retirement age in the United States by 2025: What you need to know

New retirement age in the United States by 2025: What you need to know

The Social Security Fairness Act is making waves across the United States, offering a glimmer of hope for thousands of citizens who rely on Social Security benefits. While the promise of increased benefits is enticing, the reality is t

Ultimate Uganda

Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation

Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation

The government has launched the National Climate Change Mechanisms Regulation, a key milestone in the country's efforts to operationalise Article 6 of the Paris Agreement and tap into the growing global carbon market.Unveiled by the Ministry of Water and Environment at its headquarters in

Ultimate Uganda

Absa Uganda Advacnes One Million Trees Initiative With World Earth Day Planting

Absa Uganda Advacnes One Million Trees Initiative With World Earth Day Planting

Absa Bank Uganda has commemorated World Earth Day by planting 1000 trees at Buwagga Secondary School in Wakiso District.The event brought together Absa employees, students, and community members to plant trees as part of the bank’s ongoing broader initiative to shape a sustainable f

Ultimate Uganda

Economy posts positive results despite negative predictions

Economy posts positive results despite negative predictions

The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin

Ultimate Uganda

Why Pennsylvania could hold the keys to the White House

Why Pennsylvania could hold the keys to the White House

The White House’s address may be 1600 Pennsylvania Avenue, but the real road to the presidency runs through the state of Pennsylvania, the biggest prize among the electoral battleground map. According to calculations by elections analyst Nate Silver, the candidate who wins Pennsylvania

Ultimate Uganda

Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

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

Ultimate Uganda

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

Ultimate Uganda

Inside Uganda’s murky carbon offset markets

Inside Uganda’s murky carbon offset markets

According to the National Emergency Coordination and Operations Centre (NECOC), a loose outfit for disaster risk monitoring and profiling, in the Office of Prime Minister (OPM), large swathes of the Mt Elgon ranges are uninhabitable owing to susceptibility to a

Ultimate Uganda