The Minister of Justice and Constitutional Affairs Norbert Mao has justified the cooperation agreement he signed with the ruling National Resistance Movement Party (NRM) as the best idea for harmonizing Uganda's political divide. Mao, the President of the opposition Democratic Party (DP) was in July last year appointed to serve
Read MoreMonth: October 2024
Stakeholders in the shea nut value chain have observed a need to plant fast-maturing shea nut trees to replace those that have been destroyed. Shea nut trees, which grow naturally in the eastern and northern parts of Uganda, take approximately 20-25 years to bear fruits that are used to produce
Read MoreCourt Rules: UIA Breached Contract When It Refused To Issue Title Of Land It Had Leased To Tirupati in Namanve Industrial Park
Namanve Industrial Park Aerial view/ The Observer photo The High Court in Mukono has ruled that in refusing to give land titles of two plots of land located in Namanve Industrial Park that it had leased to Tirupati Development (U) Ltd, Uganda Investment Authority (UIA) breached a contract and must
Read MoreThe Secretary to Treasury, Ramathan Ggoobi (pictured) has warned Accounting Officers in Ministries, Departments and Agencies (MDAs) against undertaking contracts in foreign currencies, especially in United States Dollars and Euros, saying the move is intended to preserve the sanctity of Uganda Shilling. Ggoobi issued the warning through the Budget Execution
Read MoreBuganda’s Premier Charles Peter Mayiga has called for planning for development accruing from the oil and gas sector before the resources get out the ground. The Katikiro and some members of his cabinet spent three days this week touring oil and gas infrastructural developments like the Kabalega Airport, CNOOC’s King
Read MoreThe National Agricultural Advisory Services- NAADS' newly instituted nucleus farmer strategy has boosted the planting of two high-value crops; macadamia nuts, and avocado. The two crops are a new addition to Uganda's agribusiness sector, and are highly cherished due to their economic potential, thanks to the global demand due to
Read MoreRegina Nachuge, a farmer in Naitakwae village standing in her maize garden that has been ruined by drought. Farmers in Moroto district counting losses following the prolonged dry spell that has destroyed crops in the gardens. An estimated 10,000 acres of various crops such as maize, sorghum, bean, sunflower and
Read MoreThe oil and natural gas sector has so far employed over twelve thousand people during the construction of facilities to get oil out of the ground. Most jobs, according to the Petroleum Authority were created after the February 2023 Final Investment Decision(FID) by the Joint Ventures Partners in the Lake
Read MoreWilliam Sekabembe Retires As dfcu Executive Director After Serving The Bank For 11 Impressive Years
William Sekabembe leaves dfcu Bank after 11 years of stellar performance The Board of dfcu Bank has announced the early retirement of the bank’s Executive Director & Chief Commercial Officer, William Sekabembe, who has served the Bank for over 11 years. Sekabembe, who has been in the banking sector for over 24 years, has
Read MoreAvocado fruits The American government will help Kenya expand its avocado export market under a $160 million (UShs581.6 billion) initiative. United States Agency for International Development (USAid) Chief of Staff Robert Mwadime says the organisation is targeting to scale up avocado acreage in western Kenya to ensure there are enough
Read More