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MTN Uganda Set to Increase Dividend Payouts for Investors

MTN Uganda Set to Increase Dividend Payouts for Investors

(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f

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What API accreditation means for Ugandan firm

What API accreditation means for Ugandan firm

As competition intensifies and the demand for certifications and accreditations in the oil and gas sector grows, it has become essential for both companies and their workforce to obtain these credentials. Certification not only builds industry trust but also enables organisations to compete

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Private sector players asked to invest in commercial animal feed production

Private sector players asked to invest in commercial animal feed production

The private sector has been called upon to invest in commercial feed and fodder production to meet the growing demand locally and internationally. Mr David Kalikowa, Senior Livestock Officer at the East African Community Secretariat, emphasised the importance of addressing the feed chall

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Buruuli chief writes to Kabaka over breach of 2013 agreement

Buruuli chief writes to Kabaka over breach of 2013 agreement

The head of Buruuli Cultural Institution has written to Kabaka of Buganda Ronald Muwenda Mutebi, accusing him of  not honouring the 2013 agreement that called for mutual co-existence and cooperation between the two cultural institutions. In the October 31 document, Isabaruli Constantine

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Karamoja gets Shs20 billion EU project to enhance food security

Karamoja gets Shs20 billion EU project to enhance food security

The Permanent Secretary Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) Maj. Gen. David Kasura has said the European Union funded improving food security and resilience of food production systems project is set to enhance resilience and support sustainable food and nutrition s

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Museveni summons NRM MPs as war of words over coffee intensifies

Museveni summons NRM MPs as war of words over coffee intensifies

The Government Chief Whip, Mr Hamson Denis Obua, has vowed to front a solid team to ensure that the National Coffee (Amendment) Bill, 2024, is endorsed to pave the way for the rationalisation of the Uganda Coffee Development Authority (UCDA). Mr Obua insists that the position on the Bill

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VIDEO: New details of how govt slept on job ahead of Kiteezi dumpsite collapse

VIDEO: New details of how govt slept on job ahead of Kiteezi dumpsite collapse

On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr

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Wealth-Building 101: Golden rules of investing

Wealth-Building 101: Golden rules of investing

As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta

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Coffee boom in the eyes of Buganda Kingdom

Coffee boom in the eyes of Buganda Kingdom

Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (

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Kizza move reflects growing free transfer problem

Kizza move reflects growing free transfer problem

Mustafa Kizza became the latest Ugandan player to find a new home abroad after joining Egyptian second-division side Telecom. However, his transfer follows a trend that should raise a concern within the local football ecosystem. Kizza’s transfers have been both interesting and controve

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