Ambassador Fred Mugisha (3rd right) and David Katungi (2nd left), the Director of Strategy and Business Development at UCDA in a photo moment with exporters Uganda coffee exporters have met with Uganda’s Deputy Head of Mission to Beijing, China, Amb. Fred Mugisha, to strategize on how to penetrate the China market. The
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The new board members of Uganda Airlines in a group photo The new Board of Directors of Uganda Airlines Company Limited has been inaugurated. The inauguration happened this morning at Hotel Africana in Kampala The board members that include Priscilla Mirembe Serukka (Chairperson), Samson Rwahwire, Herbert Kamuntu, Patrick Ocailap, Barbara
Read MoreDFCU Posts Shs 9.3 Billion Net Profit In 2021 As Total Operating Income Registers 21% Growth
DFCU Chief Executive, Mathias Katamba DFCU Limited has announced a net profit of Shs 9.3 billion in 2021, down from Shs24.07bn recorded in 2020. According to figures released Thursday morning at Serena Hotel in Kampala, dfcu's total assets reduced to Shs3.13 trillion, down from Shs3.49 trillion recorded in 2020. The
Read MoreStanbic Bank Uganda Chief Executive, Anne Juuko Stanbic Uganda has announced 11% growth in 2021. Announcing 2021 figures at Sheraton Hotel in Kampala on Wednesday, Ronald Mataka, the Ag. Chief Finance Officer, said that despite the tough business environment, Stanbic managed to post a “decent profit after tax which grew
Read MoreJulius Nkwasire (L), the URA Assistant Commissioner Enforcement speaking at the workshop as other officials look on Key stakeholders have committed to fight illicit goods in Uganda. Uganda Breweries Limited, Uganda Revenue Authority (URA), British American Tobacco (BAT), Kampala City Traders Association (KACITA) and the Criminal Investigations Directorate (CID) of Police among
Read MoreRetired Politician Settles Into Farming, Says You Need To Build Stamina To Make Money
John Baptist Okello Okello is growing vegetables including cabbages for commercial purposes Retired politician, John Baptist Okello Okello, has settled into farming – making way for young politicians to take up political offices. Okello Okello was Member of Parliament for Dokolo North County and LCV Chairperson for Dokolo district. However, he called it quits
Read MoreBy Francis Otucu Social media platforms have in the last few weeks been awash with discussions about Uganda’s exit from the International Coffee Organization (ICO). ICO is the global body which administers the International Coffee Agreement (ICA). ICO controls 98% of the world’s coffee production as well as 67% of
Read MoreAnthony Kituuka, the Equity Bank Uganda Executive Director A survey conducted by Nu-Tec, an innovation minded implementer of the Shs 50 billion funding to Small and Medium Enterprises in the agriculture sector has revealed some of the challenges facing farmers in Northern Uganda. During a half day workshop dubbed Insights
Read MoreThe sensitization meeting attracted key players along the coffee value chain Mukono district officials have rallied players along the Coffee value chain to embrace the National Coffee Act, 2021. The Act gives UCDA powers to regulate all on-farm and off-farm activities in the coffee value chain. The Act repealed the UCDA Act,
Read MoreThe Principal Judge, Flavian Zeija, has asked Judges of the High Court to prioritize cases of revenue collection. Zeija, was speaking against an earlier remark by Uganda Revenue Authority (URA) Commissioner Legal, Patience Rubagumya, that hundreds of cases worth over Shs 1. 2 trillion are locked up in the courts/Appeal
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