Allan Atuhairwe, the Head of Trade & Working Capital at Absa Bank Uganda The COVID-19 pandemic has adversely hit economies world over. In Uganda, traders both importers and exporters are one of the key players in the economy that have been impacted most following the COVID-19 induced lockdown announced in
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SafariBookings.com, an online marketplace for African safari tours, recently held its eighth monthly survey among 294 safari tour operators. The survey conducted a comprehensive analysis of the impact of the coronavirus pandemic in the safari industry, and associated drop in international tourism arrival numbers. Most tour operators have experienced a
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Pineapple farming has changed Moses Sebugwawo's live positively Moses Sebugwawo spent his early years of adulthood engaged in fishing. However, he never benefited much from the venture which prompted him to try crop farming and ten years down the road he has no regrets. When Sebugwawo started farming, he chose
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China has signed up to a deal to ensure future Covid-19 vaccines are distributed to developing countries, the biggest economy yet to join the World Health Organization-led bid to control the pandemic. The COVAX pledge to get vaccines to poorer nations as soon as they are developed aims to head
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Taban Amin, the son to former Ugandan President Idi Amin Dada, has been named the deputy head of the Internal Security Organisation (ISO). ISO is the intelligence branch of the country's security apparatus. This development was revealed by the army spokesperson, Brig Gen Flavia Byekwaso. It also followed a reshuffle
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Uganda's President Yoweri Museveni says the country's economy has grown by leaps and bounds to a stage where it can sustain itself. President Yoweri Kaguta Museveni speaking at the 58th Independence anniversary on Friday. "Uganda’s economy has transformed to a level where the Country will be self-sufficient and achieve sustainable economic growth
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The National Resistance Movement (NRM) has reportedly postponed youth elections for Northern Uganda following a fake Interim Order purportedly from the Registrar Civil Division of the High Court. The order purportedly restrains the holding of NRM Youth Elections for Northern Uganda. In a statement dated October 9, 2020, the Judiciary
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By Shannon Katureebe Anything that’s too big today was once very small. The achievements of these iconic entrepreneurs reinforces the need to start small, from where you are and with what you have. As you will find out, the largest enterprises were founded with one shop, in basements, garages and
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A Customer care worker explains about different voltage metres at the Lugogo Umeme Centre in Kampala. Photo/NATION MEDIA GROUP Uganda’s power distributor, Umeme limited is yet to convince President Yoweri Museveni that its concession deserves to be renewed. Umeme’s power distribution concession is due to expire in March 2025 having
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Modernizing agriculture requires cheaper loans Uganda is considering setting up an agricultural bank to enable farmers easily access cheaper credit, President Yoweri Museveni has said. He blasted commercial banks for failing farmers on access to credit, saying that they are only interested in funding traders to import. The President made
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