Business •
05 Nov '24
The United States of America today closes elections to pick its president for the next four years. Although millions of voters have voted early, millions more will vote in person today. The two contenders are, Republican Party candidate Donald Trump, a former president who was defeat
Business •
05 Nov '24
The US heads to the polls today, with many across Africa, including Uganda, hopeful that the incoming president will maintain foreign aid that supports educational programmes. The US has significantly contributed to Uganda's education sector through scholarships, partnerships, funding, a
Business •
05 Nov '24
A section of anti-corruption and governance experts yesterday said America’s support towards Uganda’s fight against corruption is likely to be relaxed should Republican Party candidate Donald Trump win the presidential polls, which end today. L-R: Ugandan president Yoweri Museveni's
Business •
31 Oct '24
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Business •
31 Oct '24
The appointment of military serving officers into civilian roles has been challenged before the Constitutional Court in Kampala. The petitioners led by the Makerere University law don, Prof Christopher Mbazira, in their petition filed on October 24, contend that the practice contravenes
Business •
31 Oct '24
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo
Business •
31 Oct '24
Butambala Member of Parliament Muhammad Muwanga Kivumbi has said he resisted intimidation by President Museveni during their phone call last Thursday over the controversial National Coffee (Amendment) Bill, 2024. Mr Kivumbi, who is also the chairperson of the Buganda Parliamentary Caucus
Business •
31 Oct '24
Samuel Wakinya, 59, a primary school teacher, embarked on growing Arabica coffee on a large scale in 2004 and has never looked back. Mr Wakinya, a resident of Bushika sub-county in Bududa District, earned Shs60 million from his 10-acre plantation last season. “For us in Bugisu, cof
Business •
29 Oct '24
Black Friday in developed economies such as the United States has since become a calendar event in several countries across the globe, especially Africa. This year it will kick off November 29, unofficially marking the start of the Christmas shopping season not only in the United State
Business •
29 Oct '24
The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their