Agriculture is the backbone of Uganda’s economy but the sector continues to get highest interest rates Agriculture sector tops the sectors with highest lending rates in Uganda, Bank of Uganda’s Annual Report for 2023/2024, has revealed. The report says in 2023/2024, interest rates varied among sectors primarily due to differences
Read MoreMonth: February 2026
Lawyer Drake Twebaze Katabazi Buganda Road Chief Magistrates Court has remanded Kampala-based lawyer Drake Twebaze Katabazi to Luzira Prison over charges of conspiring with others, including Kampala District Land Board Chairman David Balondemu, to defraud an American company of over Shs2 billion. On Tuesday, Grade One Magistrate Alex Niyonzima presided
Read MoreUganda imports onions from Kenya By Dr. Apollo Buregyeya Sixty percent of the onions and Irish potatoes consumed in Uganda come from Kenya. So, do most of the oranges, tangerines, mangoes, pears, and apples. Our markets are flooded with fruits grown in a drier, tougher terrain, while Uganda, one of
Read MoreaBi Development Moves To Empower Young Women Entrepreneurs In Agriculture Through Coffee
Moses Nyabila, the CEO of aBi Development speaking at the stakeholder meeting aBi Development Ltd, in partnership with the Mastercard Foundation, on Tuesday, June 10, 2025, hosted a stakeholder engagement at the Kampala Serena Hotel to align efforts towards empowering young women entrepreneurs in agriculture through coffee. The meeting brought
Read MoreUganda’s Outstanding Private Sector Credit Grows To Shs23.3 Trillion As Banks Lower Lending Rates
Uganda’s stock of outstanding private sector credit grew by 0.8 percent to Shs23.3 trillion in March 2025 from Shs23.12 trillion recorded in February 2025. This is contained in the Performance of the Economy Monthly Report for April 2025 released recently by Ministry of Finance, Planning and Economic Development’s Macroeconomic Policy
Read MorePeter Rwabunyegera: Mbarara Distributor Reaches New Heights Through Partnership With Coca-Cola Beverages Uganda
Peter Rwabunyegera (Left) with Coca-Cola team Peter Rwabunyegera, an Official Coca-Cola Distributor (OCCD) with Coca-Cola Beverages Uganda (CCBU), is celebrating a remarkable journey of growth and resilience as he marks a decade of operation in Mbarara. Peter’s distribution journey began in October 2013 at Kizungu Market, Mbarara. What started as
Read MoreWith foodborne illnesses rising and chemical contamination in the food chain a growing concern, Ugandan scientists are intensifying efforts to develop safer, environmentally friendly alternatives that reduce dependence on harmful agrochemicals. Dr Moses Matovu, a Senior Research Officer at the National Agricultural Research Organisation (NARO), says scientists are working around
Read MoreROKO Construction failed to pay for raw materials supplied by Pramukh Steel Limited The High Court in Kampala has dismissed an application by Roko Construction Company seeking to block the execution of a court order requiring it to pay over UGX 1.5 billion to Pramukh Steel Limited. In her ruling,
Read MoreProsperity From Purposeful Passion: Dr. Emma Naluyima Talks About Her Success In Farming Bolstered By dfcu Bank
Dr. Emma Naluyima is a successful piggery farmer We recently had the opportunity to speak with Dr. Emma Naluyima, a Ugandan veterinary doctor with a Bachelors in Vet Medicine (BVM) and a Masters in Health Services Research (MHSR) and also a selected judge for the dfcu Bank – Vision Group
Read MoreDry Spell To Run Up to Mid-August Over Most Parts of Uganda As Detailed Breakdown Of Forecast By District Revealed
The Ministry of Water and Environment has released the June to August 2025 seasonal climate outlook over Uganda, with the overall rainfall forecast for the June, July, and August (JJA) 2025 period indicating that the northwestern and eastern regions are expected to receive above-normal (above-average) rainfall, while parts of central
Read More
