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REVEALED: Top Crops Earning Uganda Trillions In Foreign Exchange

Coffee remains Uganda’s leading cash crop Uganda’s earnings from exports continue to grow year after year. Despite the COIVD-19 induced lockdowns and restrictions, Bank of Uganda figures obtained by Business Focus show that Uganda earned US$4.494bn (UShs17.1 trillion) in 2021 from her exports, up from US$4.461bn (UShs17.02 trillion) recorded a year

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NSSF Members To Share Shs1.38 Trillion After Minister Announces 9.65% Interest Rate For FY 2021/22

Henry Musasizi (4th Right), the Minister of state for Finance (General Duties), who represented the Minister of Finance, Planning and Economic Development, announced the interest rate for FY 2021/22 Members of the National Social Security Fund (NSSF) will earn an interest of 9.65% on their savings for the financial year 2021/22 translating into

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AgribusinessInternational News

Uganda Earns Shs273bn From August Coffee Exports As Global Consumption Continues To Increase

Uganda earns billions monthly from coffee exports Uganda’s coffee exports in August 2022 amounted to 501,054 60-kilo bags worth US$ 71.15 million (Shs273bn), according to a report from UCDA (Uganda Coffee Development Authority). This comprised 456,271 bags of Robusta valued at US $60.26 million and 44,783 bags of Arabica valued

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NewsReal Estate

NSSF Embarks On A 3,500 Units Affordable Housing Project In Temangalo, Cheapest House To Cost Shs90M

Richard Byarugaba (2nd Left-front row), the NSSF Managing Director, joined by officials from the Fund and the contractor, giving journalists a guided tour of the Temangalo housing project The National Social Security Fund (NSSF) has embarked on the construction of its mixed-use affordable housing project in Temangalo, Wakiso District. The project

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International NewsNews

Entebbe Airport Handled 5,000 Passengers Per Day In August -UCAA

Passenger traffic at Entebbe International Airport is increasing  Uganda Civil Aviation Authority (UCAA) has revealed that Entebbe International Airport handled 156,081 international passengers in August 2022 (73,899 arrivals & 82,182 departures). According to Vianney M. Luggya, the UCAA Spokesperson, this is  an average of 5,034 passengers per day compared to 4,892

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Uganda Airlines Finally Starts Self-Handling Project In A Move To Save Shs953.7m Monthly

MPs on the Committee of Physical Infrastructure and Uganda Airlines officials in a group photo at the national carrier’s self-handling yard during a recent visit Uganda Airlines has started implementing its long awaited self-handling project after getting necessary approvals from Uganda Civil Aviation Authority (UCAA). Uganda’s national carrier started handling

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BankingReal Estate

We Are Determined To Offer Affordable Housing To Ugandans, Housing Finance Bank MD Tells President

A photo montage of President Museveni (Left) and Housing Finance Bank Managing Director, Michael K. Mugabi  President Yoweri Museveni is a witty person. During the launch of NSSF’s US$400m (UShs1.5 trillion) housing project in Lubowa on Thursday, the President sent guests into uncontrolled laughter after he sarcastically questioned the existence

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Museveni Launches NSSF’s Shs1.5 Trillion Housing Project, Each Housing Unit To Cost Over Shs570m

President Museveni officially launching NSSF’s housing project  named Solana Lifestyle & Residences  President Yoweri Museveni Thursday launched the National Social Security Fund’s Housing Project in Lubowa, a Kampala Suburb off Entebbe Road, saying that collective savings can play a big role in the country's economic development. He commended NSSF for

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