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World Bank says 26 poorest nations in worst financial shape since 2006

World Bank says 26 poorest nations in worst financial shape since 2006

 The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer

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Atiak Sugar Factory: Billions spent, no production

Atiak Sugar Factory: Billions spent, no production

When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”.  More than a decade since its inception in 2013, Atiak Sugar Factory con

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How to grow organic cocoa

How to grow organic cocoa

Cocoa grows well on a wide range of soils but lose soils that allow movement of air and moisture, and root penetration is ideal. It must hold moisture in the soil during the dry season, as cocoa needs a regular supply of moisture for good growth. Cocoa can be grown in soils having a pH v

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A guide for growing green gram

A guide for growing green gram

Green gram is a leguminous crop that is widely cultivated in Uganda and several Asian countries. Green gram is a source of protein, fibre, iron, and vitamin C and has many health benefits. Green gram can be consumed as whole grains, split pulses, sprouts, or flour. Green gram is also

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Uganda's Balagadde builds cargo business in US

Uganda's Balagadde builds cargo business in US

Before starting Crane Cargo, a transport and delivery company based in Boston, Massachusetts, USA, in 2019, Mr Anthony Balagadde accumulated eight years of experience as an operations manager in the US-side transportation and logistics industry.  It helped a great deal that several peop

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Fix glitches in national power distribution, Ministry tells UEDCL

Fix glitches in national power distribution, Ministry tells UEDCL

The Ministry of Energy and Mineral Development has tasked Uganda Electricity Distribution Company Ltd (UEDCL) to fix glitches facing the distribution of power in the country. In a statement delivered by Dr Patricia Litho, the assistant commissioner for communications at the Ministry of E

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Uganda Airlines: We are targeting 20 routes by year-end  

Uganda Airlines: We are targeting 20 routes by year-end  

It is about five years now since the revival of Uganda Airlines. What is there to write home about so far?Some of the reasons that led to the revival of Uganda Airlines emanated from complaints regarding connectivity, price and travel delays then. We have solved these and many other problems

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INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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MUBS calls on business community to engage with universities

MUBS calls on business community to engage with universities

Makerere University Business School (Mubs) has called on other private sector players to join the Nation Media Group (NMG) in supporting universities by connecting them with industry players and investors, ensuring that their research becomes more relevant. Speaking on the second day of

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