When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”. More than a decade since its inception in 2013, Atiak Sugar Factory con
The government has identified a Ghanaian investor to address the Kiteezi landfill crisis. The investor, Dr Joseph Sian Agyepong, was officially handed control of the 36-hectare landfill on October 8. This decision follows the tragic August 10 incident in Wakiso District, where a massive
The parties to the South Sudan High-Level Mediation in Nairobi, often referred to as the holdout groups, are expected to sign the final agreement in November following the completion of nine protocols on key agenda items. The revelations from the mediation team signal a revival of the fi
This time last year Allan Okello was not that certain about his career, but had - at least - been given a lifeline by Vipers SC when they signed him on transfer deadline day despite carrying a troublesome knee. Okello’s knee issue had first been discovered when he was summoned to the U
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the
There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community. The event held at Tuzza Hotel in Bushenyi brought together over 100 leaders from across the West Ankole Region,
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
