Farming is a good business but one must make enough research before joining the business A fool and his money are soon parted, says the old proverb. I chose to start with this proverb because a number of people are ignorantly and foolishly losing money in farming. This is not
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Global Coffee Consumption To Rise By 800,000 Bags As Uganda Earns Shs219bn From December Exports
Bros Coffee takes post harvest-handling seriously Uganda’s coffee exports in December 2022 amounted to 418,829 60-kilo bags worth US$ 59.54 million (Shs219bn), Uganda Coffee Development Authority (UCDA) has revealed in its recently released monthly report for December 2022. This comprised 331,476 bags of Robusta valued at US $40.55 million and
Read More92 Contracts Worth Shs3.7 Trillion Awarded At CNOOC’s Kingfisher Project In Less Than A Year As Ugandan Companies Share Shs995.6bn
Ernest N.T. Rubondo, the Executive Director at Petroleum Authority of Uganda says about $580 Million (Shs2.13 trillion) is expected to be invested in KFDA in 2023 Ugandans are increasingly benefiting from the ongoing oil activities . Speaking at the commissioning of spudding(Commencement of Drilling) of Kingfisher Oilfield wells on Tuesday in Buhuka,
Read MoreFirst Oil In Sight: Museveni Hopeful Of More Oil Discovery As Drilling Starts At CNOOC’s Kingfisher Oilfield
President Museveni (in white shirt) is joined by other officials to commission the spudding(Commencement of Drilling) of Kingfisher Oilfield wells. President Yoweri Museveni Tuesday officially commissioned the spudding/drilling of oil wells for Kingfisher oilfield in Buhuka, Kikuube district as Uganda moves to have her first oil in 2025. This is
Read MoreInterview: Nkandu, The Pioneer Of 3mx1m Coffee Spacing Method In Uganda Reveals Secrets For Attaining Higher Yields
Nkandu says 3mx1m spacing gives higher yields once science is applied/NUCAFE photo Joseph Nkandu, the Executive Director of the National Union of Coffee Agribusiness and Farm Enterprises (NUCAFE), is the man who introduced the 3mx1m Robusta coffee spacing method in Uganda. He learnt about the method during his visit to
Read MoreUganda Targets To Earn Shs5.5 Trillion From Coffee By 2025 As Value Addition Takes Centre Stage
Justine Kasule Lumumba, the Minister, Office of the Prime Minister (General Duties) making her remarks Government is committed to investing in coffee value addition and transforming Uganda’s economy, Prime Minister Robinah Nabbanja has said. In a message delivered by Justine Kasule Lumumba, the Minister, Office of the Prime Minister (General
Read MoreNSSF Breaks Silence On Ongoing Investigations, Process To Appoint Substantive Managing Director
Patrick Ayota, the NSSF Ag. Managing Director The National Social Security Fund (NSSF) has spoken out on the ongoing process to appoint a substantive Managing Director of the Fund. This is after a series of media reports highlighting alleged corruption and mismanagement at the Fund. In a statement dated January
Read MoreWhy Coffee Stakeholders Want Gov’t To Rescind Decision To Merge UCDA With MAAIF
Prof. Ezra Suruma says the existence of UCDA as an institution has been indispensable to the orderly expansion of the coffee sub sector. Coffee stakeholders have unanimously urged Government to consider rescinding a decision to merge Uganda Coffee Development Authority (UCDA) with the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF),
Read MoreL-R: Robert Wanok, the Head of Personal and Business Banking, Bageine Musoke, the Head Personal Banking, Diana Akebo, Product Manager and Ronald Kasasa, the Head of Business Banking at dfcu bank dfcu Bank has launched 12-week campaign inspiring customers to ‘Reach for More’ by taking advantage of its special financial
Read MoreIMF Approves Immediate Lending Of Shs885bn To Uganda As Fund Hails Country’s Banking System
The Executive Board of the International Monetary Fund (IMF) concluded the combined second and third reviews under the ECF Arrangement for Uganda. Further, the Executive Board granted a waiver of nonobservance of a performance criterion on the stock of net international reserves of the Bank of Uganda. The completion of
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