Ranchers Finest staff preparing meat for processing A number of districts across Uganda have been put under quarantine for several months following the outbreak of Foot and Mouth Disease (FMD) in those areas. This means that animal products from the affected areas are not safe for consumption. However, some companies
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27 Ugandan Entrepreneurs Win Seed Capital Worth US$5, 000 Each From Tony Elumelu Foundation
Tony Elumelu Budding Ugandan entrepreneurs have won seed funding from the Tony Elumelu Foundation (TEF), Business Focus reports. The 2024 winners are in the areas of fashion, manufacturing, and creation, among others, and will benefit from non-refundable US$ 5, 000 each as seed capital, business management training, and mentorship. TEF has
Read MoreSgt Phiona Asiimwe A number of Ugandans have different experiences when it comes to loan servicing. Some experiences are positive while others are purely negative. For Sgt Phiona Asiimwe, it is a positive one, having benefited from the Police Exodus SACCO. "I have been a member of Police Exodus SACCO since my
Read MoreUDB Posts Strong Performance In 2023, Targets Funding New Initiatives In The Private Sector & Green Economy
XSABO's Dr. David Alobo, ERA Chairperson Dr. Sarah Wasagali and UDB Acting MD, Dr. Denis Ochieng pose for a photo shortly after the Bank released its 2023 performance results in Mubende on Wednesday. Uganda Development Bank’s (UDB) has posted a strong performance following a successful 2023. While addressing the media
Read MoreCoffee stakeholders through National Coffee Forum say UCDA merger will disrupt the coffee sub-sector. Coffee is one of the leading sources of foreign exchange for Uganda Coffee stakeholders through the National Coffee Forum - Uganda (NCF - UG) has petitioned Parliament through the Speaker over the proposed mainstreaming of Uganda
Read MoreLeft to right: Head Alternate channels & Cards Alvin Musinguzi, CEO Robin Bairstow, Executive Director & Chief Operations Officer Sam Ntulume, and Chief Business Officer Edward Gibson Nangono during the launch of the new banking system I&M Bank has unveiled the Finacle Core Banking Solution System , a new banking system
Read MoreDenis Okello is earning big from coffee farming Northern Uganda is increasingly becoming a new centre for coffee farming as more farmers embrace the cash crop. Traditionally, Northern region has not been part of the known coffee growing areas in Uganda. However, in 2014, Government through Uganda Coffee Development Authority
Read MoreThe Uganda National Meteorological Authority (UNMA) has said that the February Rainfall Outlook indicates that most parts of the country are likely to remain generally dry and sunny with hazy conditions. During the month of January 2024, substantial rainfall was experienced in Kigezi, Lake Victoria Basin and Eastern parts of
Read MoreDr. Michael Atingi-Ego (L), the Deputy Governor at the Bank of Uganda and Absa Bank Uganda MD, Mumba Kalifungwa, share a light moment at the release of the report on Tuesday morning. The 2023 Absa Africa Financial Markets Index has ranked Uganda's economy as the strongest in the East African Community region and
Read MoreOfficials from dfcu bank and Buganda Kingdom in a group photo after the press briefing dfcu Bank and Ekibiina Ky'olulimi Oluganda (EKO), a Buganda Kingdom body that promotes Luganda as a language, have partnered to bring education closer to the stakeholders. The two parties announced the partnership at a media briefing held on
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