Browsing: Business

Ugandan Gov’t Already Minting Billions From Marijuana After ‘Secretly’ Permitting Some Companies To Carry Business

According to our sources, Uganda last week exported about 400 kilograms of medical marijuana to Germany which is actually reported to be the fourth delivery since the government `secretly’ permitted a few companies to carry the business in the among hundreds that yearn for this lucrative opportunity. Medical marijuana uses the marijuana plant or chemicals…

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‘Start Small & Work Hard. Don’t Borrow For Real Estate Development Until You Have Four Properties’ – Dr Sudhir

Property Mogul Dr Sudhir Ruparelia has shared from his wealth of experience in real estate development, advising potential developers not to rush into borrowing until they are able to finance their loans. Sudhir made remarks earlier this morning while appearing on Uganda Revenue Authority’s e-Bomba Business Summit as one of the key note speakers on…

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Livestock Research Groups Meet Oulanyah To Boost Agriculture

The government should amend vital agricultural development strategies to specifically prioritise pig production in Uganda. This, according to the International Livestock Research Institute (ILRI), would also require realignment of strategies like the National Development Plan-III and the agro-industrialisation programme. “In the current documents, piggery is lumped with meat and is not singled out. This makes…

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Total Sues Ex-employees Over Shs7.5 Billion Fraud

Total consortium in Uganda has sued its former senior employees for using illicit measures to attain wealth, which cost the company Shs7.5 billion. Total Uganda Limited which deals in fuel and lubricants, contends that former employees adulterated their contractual duties through false entries, leading to a colossal loss of Shs7.5 billion, through deceitful misrepresentation, by…

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Joy: Ugandan Milk Penetrates To Southern Africa Market

Minister of Agriculture, Animal Industry and Fisheries Hon Frank Tumwebaze has flagged off 50 tonnes of Lato milk to Coca-Cola Beverages Africa in Zambia. As part of its commitment to foster growth of the Ugandan economy by supporting the government’s ‘Buy Uganda Build Uganda’ policy, Coca-Cola Uganda facilitated the connection to its diverse network thereby enabling the exportation of milk. Lato powdered milk…

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