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23 Sep '24
Government has partnered with One Acre Fund (OAF) to front macadamia nuts to farmers as part of poverty alleviation strategies in Busoga Sub-region. Jinja District Production Officer Dr Tom Kasadha says government set aside three strategic commercial crops including Hass avocado, macadam
Business •
23 Sep '24
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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23 Sep '24
The recent drop in oil prices has presented a unique opportunity for governments to boost their revenue through higher gas taxes. The Case for Higher Gas Taxes It's undeniable that fuel taxes have remained stagnant for a considerable amount of time. Advocates for higher gas taxes, including promine
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23 Sep '24
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
Business •
21 Sep '24
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good
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20 Sep '24
In Uganda, where family and community ties are strong, maintaining a healthy relationship is essential to ensuring harmony both within the home and in the larger community. Here are some signs that your arguments with your partner might be unhealthy. Constant blame When disagreements
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20 Sep '24
The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m
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20 Sep '24
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc
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20 Sep '24
Five months after its launch, Zimbabweâs new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the governmentâs plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the
Business •
19 Sep '24
Wealth creation refers to the process of investing your savings to grow your wealth by choosing investments that align with your financial goals. The modern approach to wealth creation of budgeting and saving builds wealth through a variety of methods using financial products. Certainly, whe