Home > News (Page 2)
EntrepreneurshipNews

UDB’s Enterprise Development Program To Support Over 290 Businesses In Phase I

The program will train an inaugural cohort of 291 enterprises across the country on management best practices, debt management, good governance, record keeping, and financial management among others. Uganda Development Bank (UDB), the country’s national Development Finance Institution, has launched the Incubator Program under Enterprise Development Product (EDP). The program

Read More
News

New Tax Proposals On Alcoholic Beverages Could Lead To A Decline In Gov’t Revenues

Uganda Breweries Managing Director Andrew Kilonzo before Parliament’s Finance Planning and Economic Development Committee. The new tax proposals in the Excise Duty (Amendment) Bill 2024 once passed by Parliament, would make alcoholic beverages unaffordable to consumers, resulting in reduced volume sales, leading to a decline in annual tax revenues to

Read More
AgribusinessNews

Traceability System: Parliament Asks Gov’t To Provide Shs32.5bn For Registration Of All Coffee Farmers, Players

The coffee traceability system will see all coffee farmers and players registered/Business Focus photo Parliament has asked Government to provide Shs32.5Bn to Uganda Coffee Development Authority (UCDA) to establish a coffee traceability system that will see all coffee farmers and players in the coffee sector registered. This is aimed at ensuring that Uganda

Read More
News

UBL Commissions Shs37bn Biomass Plant, To Reduce Carbon Emissions By 92%

Minister Ruth Nankabirwa (3rd Right) commissioning the biomass plant as UBL officials look on Uganda Breweries Limited (UBL) proudly announces the commissioning of its state-of-the-art UGX 37 billion biomass plant, marking a significant milestone in the organization’s commitment to sustainability while demonstrating dedication to reducing its carbon footprint. The facility represents a substantial investment by

Read More
News

Unilever’s Royco Wraps Up Ramadhan ‘Share Goodness’ Campaign With Eid Items Donation At Kibuli

Grace Nandawula,  (Second left) Nutrition Category Manager at Unilever hands over a basket with items donated to the muslim community to  Executive Imam at Kibuli Mosque, Sheikh Mutyaba Abdusalam during the culmination of the 'share goodness' campaign. Unilever’s iconic seasoning brand, Royco, concluded its month-long Ramadhan campaign with a grand

Read More
News

State House Anti-Corruption Unit Starts Withdrawing Stolen Fertilizers From Container Village As Turkish Investor Loses Shs2.2bn

The fertilizer in question/ courtesy photo The State House Anti-Corruption Unit has started withdrawing stolen fertilizers from Container Village and the market in general. The Unit is currently investigating a matter in which a Turkish company, Iskenderun Fertilizer Inc., was defrauded over Shs 2.2 billion in a transaction for the supply

Read More