Gone are the days when the only means of getting fish was by catching it in rivers, lakes and wetlands. Uganda’s aquaculture industry is rapidly growing largely because of the huge demand for fish on the market. The fishery industry in Uganda provides a vital source of food and about
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Vivo Energy plc (“Vivo Energy”) Friday announced the completion of the transaction with Engen Holdings (Pty) Limited (“Engen” or “EHL”), previously announced on 18 September 2018. The transaction adds operations in eight new countries and 230 Engen-branded service stations to Vivo Energy’s network, taking its total presence to over 2,000
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The Uganda shilling was on the back foot, weakening as demand rebounded mainly from market players building positions in anticipation of dividend payments during the week ending March1, 2019. Trading was in the range of 3665/3675. In interbank money market, overnight funds traded at 7% while on week funds traded
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Ugandan traders are counting losses after Rwandan authorities at Katuna Border ‘restricted’ Ugandan goods from entering the neigbouring country. According to a journalist based in Kigezi region, this practice has been ongoing for the last two weeks, but authorities from both countries have kept silent. He says the situation is
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The Mastercard Foundation in partnership with BFA on February 27, 2019 released Digital Commerce and Youth Employment in Africa, new research that shows 80 million young people will benefit from the rise of digital commerce in Africa by 2030. These findings indicate that the digital commerce sector has the potential
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The Uganda National Meteorological Authority (UNMA) has released the March To May 2019 seasonal rainfall for Uganda indicating that most parts of the country will have heavy rains. In a statement dated Febraury22, 2019, Dr. Festus Luboyera, the UMNA Executive Director says overall, there is an increased likelihood of near
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Officials implicated in the controversial closure and sale of seven banks are in trouble after the Parliamentary Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) report advised the Inspector General of Government (IGP) and Uganda Revenue Authority (URA) to take action on them. COSASE investigations into BoU followed the
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President Yoweri Museveni has called on farmers in the country to stop harvesting immature coffee beans, saying that processors of the crop should reject premature coffee beans and strive to ensure total eradication of the vice. “Stop harvesting immature coffee beans. It compromises the quality of the finished product. This
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The Minister of Agriculture, Animal Industry and Fisheries, Vincent Bamulangaki Ssempijja has said government will soon consider Soybean as a country`s strategic crop that will earn farmers good money. He made the remarks while launching a new soybean variety (Maksoy 6N) and state-of-the-art soybean storage facilities yesterday in Kabanyolo-Wakiso District.
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The Minister of Trade, Industry and Cooperatives, Amelia Kyambadde, has appointed ten members of the 8th National Standards Council (NSC) for a period of three years. The NSC is the supreme governing body of UNBS that is responsible for providing oversight and policy guidance to management to ensure effective service
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