Business •
12 Oct '24
The government has terminated its agreement with Tibet-Hima Mining Company for the management and operation of Kilembe Mines, which is a major step forward for Uganda's mining industry.This judgment was taken in r
Business •
12 Oct '24
In the early stages, Uganda's soils were considered fertile and little was done to improve productivity in a systematic way. However it was soon realised that crop yields in Uganda declined under continuous cultivation due to soil degradation like anywhere else. This is the thinking
Business •
12 Oct '24
Pawpaw, also known as papaya (Carica papaya) is a popular fruit in Uganda known for its abundant supply of vitamins, dietary fibre and minerals. It is mainly eaten fresh, and thus provides the much needed external enzymes such as papain and chymopapain that improve digestibility of food,
Business •
11 Oct '24
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
Business •
11 Oct '24
Last week, our beloved Chief of Defence Forces General Muhoozi Kainerugaba was back in the spotlight, once again using his favoured communication tool — X. His tweet directed at the US ambassador offered two options: apologise to President Museveni or face deportation. This response
Business •
11 Oct '24
Every October 9, Uganda joins the rest of the world to celebrate Post Day. This annual event commemorates the establishment of the Universal Postal Union (UPU) in 1874 in Bern, Switzerland. World Post Day was declared at the UPU Congress in Tokyo, Japan, in 1969, and since then, countrie
Business •
09 Oct '24
The Ugandan government has entered into a partnership with Ghana’s Jospong Group of Companies to recycle waste that has accumulated at Kiteezi landfill in Wakiso District over the past 28 years. The collaboration aims to address Kampala’s long-standing waste management issues by rehabilitating t
Business •
09 Oct '24
The executive director of the Uganda Bureau of Statistics (UBOS), Dr. Chris Mukiza, has firmly rejected calls for his resignation following the release of the 2024 National Population and Housing Census report, which contained several errors. Speaking at a breakfast meeting with journalists and medi
Business •
09 Oct '24
Uganda’s coffee exports to the European Union (EU) are expected to remain unaffected by the looming December 2024 deadline of the EU Deforestation-free Regulation (EUDR), according to Hon. Henry Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties). The mi
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa