Business •
17 Sep '24
President Yoweri Museveni has stepped in to address the ongoing conflict between sugar millers and sugarcane outgrowers over the fluctuation in sugarcane prices. This intervention comes after prolonged disagreements about the pricing of raw cane. Mr Museveni’s intervention is contained
Business •
17 Sep '24
The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the country in a better position for development. âThe macroeconomic environment is not without challenges, with high
Business •
17 Sep '24
Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17 parliamentary elections, analysts say. President Bassirou Diomaye Faye, just five months into the job, set the stage
Business •
17 Sep '24
The Uganda Muslim Supreme Council (UMSC) in Jinja City has escalated its land dispute with Jinja Regional Referral Hospital to President Yoweri Museveni. The contested land, located at Plots 31-39, Nile Avenue, has been under a security order barring both parties from accessing it while
Business •
17 Sep '24
The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said. The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi
Business •
16 Sep '24
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.
Business •
16 Sep '24
A Ugandan man, Andre Lomilo Husim, was found murdered after being abducted by a machete-wielding gang from Kenya.The attackers crossed the border into Mugungu Village, Busia Town, and took Lomilo hostage, accusing
Business •
15 Sep '24
Saturday, the national non-profit Operation Parent organized a drug prevention training event for families in LaGrange, shedding light on the ongoing battle against drug addiction in Kentucky. With more than 1,900 Kentuckians losing their lives to drug overdoses last year, the latest Kentucky Dru
Business •
15 Sep '24
Eighteen districts under the Lake Kyoga Integrated Management Organisation (LAKIMO) are urging the government to offer alternative livelihoods to fishing communities affected by ongoing oil exploration activties in the Lake Kyoga basin.Earlier this year, Mr Joshua Lukaye, Acting Assistant
Business •
15 Sep '24
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi