Across Africa, the majority of the population depend on agriculture as the main source of livelihood and there is an increasing interest in agricultural investment for improving agricultural productivity and rural incomes. In Uganda alone, the Agriculture sector contributes to over 70% of employment. Technology has greatly contributed in fostering
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The Minister of Information and Communications Technology and National Guidance, Frank Tumwebaze, has challenged ICT industry players to solve people’s day-to-day problems through modern and unique innovations. Addressing the 5th National Conference on Communications (NCC) at Makerere University on Thursday as the guest of honour, the minister gave an example
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The Electoral Commission has revealed that the verification of the National Voters’ Register (NVR) and identification of Persons with Disability (PWDs) at the Village level will start on 21st and run through 28th October 2019. Addressing journalists today at the Commission’s head offices in Kampala, Justice Simon Byabakama Mugenyi, the
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Uganda’s efforts to export 20 million bags of coffee and earn millions of dollars in the near future hang in balance due to intrigue and ego-driven job fights that have rocked Uganda Development Authority (UCDA). UCDA is the topmost agency in the country mandated to promote and oversee the coffee
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A number of Ugandans don’t know that one can accumulate wealth through investing in various asset classes regulated by the Capital Markets Authority. In fact, low and middle income earners as well as Small and Medium Enterprises (SMEs) wrongly believe that Capital Markets are designed for wealthy individuals and giant
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Crispin Kaheru, the Coordinator of Citizens’ Coalition for Electoral Democracy in Uganda (CCEDU) has resigned his position to begin a new phase in his professional life. Launched on August 19th, 2009, CCEDU is a broad coalition that brings together over 800 like-minded civil society organizations and over eight thousand individuals
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Bank of Uganda (BoU) has reduced the Central Bank Rate (CBR) to 9 percent in October 2019 from 10 percent in August 2019 in response to the expected path of macroeconomic indicators and the international economic environment. CBR is a benchmark lending rate for commercial banks. Issuing the Monetary Policy
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The Bank of Uganda (BoU) has revealed the biggest challenge the Central Bank faces today. “The biggest challenge for Bank of Uganda (BoU) is how to accumulate foreign exchange reserves to service external debt. The forex reserves have to be purchased from the domestic market, without causing sharp exchange rate
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Equity Group Holdings Plc has launched a new brand identity that reflects a streamlined financial services provider positioned as a catalyst for the development of the region. The Group has unveiled a new unified brand identity, signalling its next frontier in delivering a seamless customer experience across markets and across
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Prof. Emmanuel Tumusiime-Mutebile, the Governor, Bank of Uganda (BoU) has revealed that infrastructure investment without corresponding human capital development will not transform Uganda’s economy. “…Public investment in infrastructure at the cost of human capital development will not support Uganda’s economic transformation. Uganda’s prosperity in the years ahead will largely depend
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