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Barnabas Taremwa: Global Cartels Behind Uganda’s Coffee Losses

Barnabas Taremwa: Global Cartels Behind Uganda’s Coffee Losses

Fellow Ugandans, especially our coffee farmers and those aspiring to join the coffee industry,I feel compelled to share some truths and clarify the situation regarding coffee farming in Uganda and the dynamics of the global coffee market.This is a

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dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn

dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn

dfcu Annual General MeetingShareholders of dfcu Limited are set to earn a 121 per cent increase in dividend payout for 2024, rising to Shs 20.09 per share from Shs 9.10 in 2023, following a remarkable turnaround in the bank’s financial performance.

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Churches are Businesses, Not God's Word - Prim Asiimwe

Churches are Businesses, Not God's Word - Prim Asiimwe

Prim explained that pastors are no longer mentoring other people to lead the churches; instead, they are choosing their sons and daughters, thereby making it a personal business.Media personality Prim Asiimwe believes pastors have lost focus

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Understanding employment agreements: Contract of service vs contract for service

Understanding employment agreements: Contract of service vs contract for service

When it comes to employment and business relationships, understanding the distinction between a Contract of Service and a Contract for Service is crucial.These terms, though seemingly similar, have significant implications on the nature of work, legal rig

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Museveni Gives Financial Boost to Masaka, Mpigi Roadside Market Vendors

Museveni Gives Financial Boost to Masaka, Mpigi Roadside Market Vendors

President Yoweri Kaguta Museveni has continued to offer financial support to roadside market vendors, with an aim of improving their household incomes.For the last three (3) years, the President through a team of officials from State House has been traversing roadside markets along major H

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US to double tariffs on steel and aluminium imports to 50%, Trump says

US to double tariffs on steel and aluminium imports to 50%, Trump says

President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re

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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

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Centenary, NFA Start Restoration of Masindi Central Forest Reserve's 20 Hectares

Centenary, NFA Start Restoration of Masindi Central Forest Reserve's 20 Hectares

Centenary Bank has in conjunction with the National Forestry Authority (NFA) launched its efforts to restore 20 hectares of the degraded Masindi Central Forest Reserve.The exercise was launched at Nyangahya cell Masindi Municipality.This initiative brings to life a recent commi

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Mukono Residents Block Kampala- Jinja Highway in Protest Over Dust

Mukono Residents Block Kampala- Jinja Highway in Protest Over Dust

Residents of Kigombya village in Mukono Municipality on Friday blocked the Kampala–Jinja highway, setting fires in the middle of the road to protest its deteriorating condition.They say the thick dust from stalled road works has disrupted their businesses and posed serious health risks.

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Musk to reduce Doge role after Tesla profits plunge

Musk to reduce Doge role after Tesla profits plunge

Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year.Musk has led the newly created advisory body - the Department for Government Efficiency (Doge) - since

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