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Who will rescue Bukedi from the jaws of poverty?

Who will rescue Bukedi from the jaws of poverty?

The 2024 census puts Bukedi Sub-region’s population at 2,376,744, with women (1,206,825) outnumbering men (1,169,919). Tororo (609,117), Busia (412,018), Pallisa (330,961), and Butaleja (312,713) are the most populated districts in the sub-region. Other districts include Budaka (281,106),

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How Karuma closure disrupts supply chain

How Karuma closure disrupts supply chain

At about 5.45am, Lawrence Waka drives his delivery van—a Probox—from Kamdini Town centre to Atura Landing Site. It is at this former ferry docking site, located 12km away from Kamdini, where Waka picks newspaper copies and courier packages for circulation. Since being assigned th

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Energy officials tasked by Museveni to lower electricity rates

Energy officials tasked by Museveni to lower electricity rates

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

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35b from coffee exports in last 12 months- UCDA

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

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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

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

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Govt turns to domestic financiers to close gaps created by reduced external borrowing

Govt turns to domestic financiers to close gaps created by reduced external borrowing

The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom

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Coffee farming gaining traction in Bukedi region

Coffee farming gaining traction in Bukedi region

For decades, Bukedi sub-region in Eastern Uganda was primarily known for cotton cultivation. However, fluctuating prices led farmers to abandon cotton in search of more viable alternatives. During the launch of the Bukedi Strategic Development Plan, leaders outlined coffee and cocoa as c

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Don’t blame us for high fees, private schools say

Don’t blame us for high fees, private schools say

Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi

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PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

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