Business •
23 Sep '24
Government has partnered with One Acre Fund (OAF) to front macadamia nuts to farmers as part of poverty alleviation strategies in Busoga Sub-region. Jinja District Production Officer Dr Tom Kasadha says government set aside three strategic commercial crops including Hass avocado, macadam
Business •
23 Sep '24
Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the oversea market, according to the Uganda Coffee Development Authority (UCDA). The monthly UCDA coffee report for August r
Business •
23 Sep '24
The recent drop in oil prices has presented a unique opportunity for governments to boost their revenue through higher gas taxes. The Case for Higher Gas Taxes It's undeniable that fuel taxes have remained stagnant for a considerable amount of time. Advocates for higher gas taxes, including promine
Business •
23 Sep '24
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
Business •
21 Sep '24
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good
Business •
20 Sep '24
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc
Business •
20 Sep '24
Five months after its launch, Zimbabweâs new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the governmentâs plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the
Business •
20 Sep '24
“When I planted these crops, I never expected the rain would disrupt us; it usually doesn’t. This time, however, the rains were excessive, and my nearly ready crops were submerged by floods,” said Mr Patrick Toko, a resident of Okubani village, Ariwa Sub-county, Yumbe District. Tok
Business •
20 Sep '24
Justice and Constitutional Affairs minister, Mr Nobert Mao, has warned that the state of democracy in Uganda is unsatisfactory and called on citizens to demand for better. Mr Mao made the comments yesterday at an event to mark the International Day of Democracy hosted by the Swedish emba
Business •
19 Sep '24
The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen