Browsing: Business

Uganda Coffee Exports Generates Record US$876.4 Million

Uganda’s coffee exports generated a record US$876.4million in revenues for the just concluded 2021/2022 coffee year that ended on September.30. This represents a 39% increase in revenues compared to the previous year despite a decline in export volumes. Latest statistics from the state-owned Uganda Coffee Development Authority (UCDA) shows that the East African nation exported…

SPREAD THE STORY

Countering Climatic Change: How ERA’s Lower Power Tariffs Reduce Use Of Firewood, Charcoal

In a bid to counter the adverse impact of climatic change in Uganda, power regulator Electricity Regulatory Authority (ERA) in December 2021 introduced a Cooking Tariff known as Declining Block Tariff, which would enable domestic consumers connected on the national power grid to use electricity for cooking, instead of charcoal and firewood. The main objective…

SPREAD THE STORY

OP-ED: Ugandans Survived The COVID-19 Lockdown But Might Not Live Through The Current Financial One

It was tough going through the two years of lockdown resulting from the Corona Virus Disease 2019 (COVID-19) pandemic in Uganda. But some households that survived the lockdown may not live through the prevailing financial one in the country. During some of that time, movement by public means was prohibited. Trading in crowded places was…

SPREAD THE STORY

Inside The Supreme Court Decree That Directs Helpless BoU To Pay Costs To Sudhir, Meera Over Bogus Crane Bank Case

Last Month, the Supreme Court of Uganda issued an official decree directing Bank of Uganda to pay costs to businessman Sudhir Ruparelia and his Meera Investments Ltd following its February 11th 2022 landmark ruling in the Crane Bank case. In the 1st July, 2022 order, the Supreme Court also told Bank of Uganda to return…

SPREAD THE STORY

OP-ED: Those Playing Double Standards In Ham Vs Buganda Case Are Costing Our Kingdom Goodwill

By David Serumaga Kampala: Land disputes in Uganda are escalating every day and are causing a negative impact on our society and the people. One of the major factors fueling these land wrangles are the land professionals in central government and cultural leadership who use their offices to cause confusion in land matters. On 16th…

SPREAD THE STORY

Big Story: Serena Kigo In Hot Soup! Risks Losing It’s Land Title Over Illegal Trespass

Businessman Hamis Kiggundu alias Ham through Kiham Enterprises, has run to court seeking for the cancellation of a land title created on the contested Kigo land by Buganda Kingdom in favor of Pearl Development Group. The petition addressed to the commissioner land registration looks forward to seeing the contested land titles cancelled claiming that they’re…

SPREAD THE STORY

“Business Opportunities Are Many In Uganda”- Says Museveni As He Welcomes More Indian Investments

President Yoweri Kaguta Museveni has requested Indian business people to invest more in Uganda, saying the East African country has several investment opportunities in different sectors. While officiating at the opening of Afro Indian Investment Summit 2022 and the centennial 100 years celebration of Indian Association Uganda on Thursday at Munyonyo Commonwealth Resort Hotel in…

SPREAD THE STORY

Big Boost: VP Alupo, Min. Magyezi Commission UGX 317 Million Fruit Growers Co-operative Society 

By Benjamin Epeduno Katakwi: The Vice President of the Republic of Uganda H.E Rtd. Major Jessica Alupo has commissioned Ongongoja Fruit Growers Co-operative Society in Ongongoja Sub-county, Katakwi District. The UGX 317 million project under ‘Legs Projects’ with support from Islamic Development Bank (IDB) was commissioned on Saturday 12, November 2022. Hon. Alupo who was…

SPREAD THE STORY
1 10 11 12 13 14 96