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 •
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 •
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 •
02 Oct '24
KAMPALA, UGANDA – Government of Uganda through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and Uganda Coffee Development Authority has officially launched a nationwide coffee registration exercise aimed at enhancing sustainability, impro
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24 Sep '24
Ugandan farmers and exporters have been urged to adopt a new digital traceability system, to enhance the tracking of fresh produce from farms to Entebbe International Airport. The developers of the system, Re-engineering of Uganda's Sanitary and Phytosanitary Inspection of Horticulture E
Business •
24 Sep '24
Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87 (Shs3,200) in August. The recent auctions at the Mombasa Tea Auction, closing on September 17, revealed a notable incr
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20 Sep '24
Government, under the Tourism Policy for Uganda, will seek to more than triple annual tourism earnings in the next 10 years. The policy, which forms the bedrock of governmentâs legal instruments, strategies, and plans for developing the tourism sector, indicates that in the 10 years
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18 Sep '24
Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t
Business •
10 Sep '24
As of April 2024, the East African Community accounted for 31.7 percent of Uganda’s total export market whereas her total trade with the rest of the world increased by 36.3 percent to US$18.1billion in 2023 from US$13.3billion in 2022, while total imports from
Business •
16 Jan '24
McLaren start 2024 confident they have continued the strong progress they made last year - but wary of the potential performance of Red Bull.Lando Norris scored more points than any other driver bar Max Verstappen last season after McLaren upgraded their car for July's Aus