Business •
06 Oct '24
Imagine a bunch of nerds in the 1960s, sitting around thinking: “Hey, what if we could send messages between these things called computers instead of just passing notes in class?” They proceed to further think: “Let’s make these machines talk to each other so we don’t have to!" And
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
A reduction in milk volumes by about 3.5 million litres per day has impacted key dairy by-products, among them butter production, according to stakeholders in both the dairy and supermarket value chains. Several supermarkets and consumers across Kampala have reported a shortage in butter
Business •
01 Oct '24
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur
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 •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
Business •
26 Sep '24
Government has said it expects fuel prices to be uniform or have slight variances in about three months, a key discussion point since government took over as the sole importer and supplier of oil products. Responding to Monitor inquiries regarding the slow reduction in fuel costs among b
Business •
26 Sep '24
When Linda Namugerwa, a landlord in Nakawa, Kampala, rented a two-bedroom house to a family of five, she didn’t anticipate the challenges that would arise. The family soon brought in additional relatives, swelling the total number of occupants to nine. Within a few months, the incr
Business •
24 Sep '24
The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea
Business •
24 Sep '24
Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87 (Shs3,200) in August. The recent auctions at the Mombasa Tea Auction, closing on September 17, revealed a notable incr