Business •
14 Oct '24
Finance Minister Matai Kasaija has said Uganda has installed a total of 4,354 kilometre of fiber cables across the country, connecting 1,523 key government service delivery units to the National Backbone Infrastructure. Speaking during the 15th National Competitiveness Forum in Kampala,
Business •
13 Oct '24
The Democratic Republic of Congo (DRC) has protested the US labelling of child labour in mines, with Kinshasa saying the assessment does not take into account the steps taken to improve on the sector’s governance. The reactions this week followed a US Department of Labour’s report th
Business •
13 Oct '24
Wooden houses can position Uganda for a sustainable future by addressing the housing crisis through cost-effective, eco-friendly construction, reducing carbon emissions, and promoting responsible timber sourcing. Modern wooden construction is revolutionising the housing market as a sus
Business •
12 Oct '24
Government has rolled out engineering mentorship opportunities for young graduates to become manufacturing engineers to boost the seven value chains at the Engineering Development and Innovation Centre. The Science, Innovation and Technology Minister, Dr Monica Musenero says the mentorsh
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
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Business •
06 Oct '24
The National Banana Research Programme (NBRP) under National Agricultural Research Organisation (Naro) situated at Kawanda is working with private processors of products from banana to discover the most practical banana-based products for mass production in Uganda. Various prototypes of
Business •
06 Oct '24
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),
Business •
06 Oct '24
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