Deputy Speaker of Parliament Thomas Tayebwa has said government has already contracted China Railway Number 3 Group to design and build key infrastructure in the Sino-Uganda Mbale Industrial Park. The 619-acre park, which was commissioned in 2018, currently grosses an investment portfoli
US President Joe Biden has postponed his trip to Germany and Angola, potentially ending the excitement surrounding what would have been his maiden trip to Africa since he took power. The White House on Tuesday confirmed the grapevine that had swirled on social media networks over the pas
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
Uganda People’s Congress (UPC) president, Jimmy Akena, has advised General Muhoozi Kainerugaba, the president’s son, to adopt a more diplomatic approach in handling diplomatic matters.Akena emphasized the impo
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. During the inaugural Muslim Women’s Conference, held at Old Kampala Secondary School grounds, Museveni promised to deliver Shs1 billi
Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi
As the world faces the rising effects of climate change, there is an urgent need to rally the population and governments towards promoting environmentally friendly farming practices (agroecology). The challenge is pressing in developing countries, where industrial agriculture characteris
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Senior presidential advisor on trade, Phillip Kakuru, has called upon investors from Czech Republic to consider investing in Uganda’s unexploited potential. Kakuru, who led a delegation of Ugandan business community and diplomats for the first Uganda-Czech business forum in Prague on O
The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate
