Uganda’s agriculture sector is headed for tough times after a new report indicated that the shortage of agriculture extension workers stands at 57%) while the recruited staff lack professional certificates to do the job. The revelation is contained in the Auditor General’s report for the Audit Year ended 31st December
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Report Reveals The State of Entrepreneurship In Uganda As Low Business Registration Curtails Growth
The Minister of Trade, Industry, and Cooperatives, Francis Mwebesa launching the state of entrepreneurship report in Uganda Uganda’s micro, small, and medium enterprises (MSMEs) account for an impressive 90% of the private sector, contributing 75% to GDP and employing over 3 million people. Despite this critical role, the MSME sector
Read MoreUganda Bags Shs424bn From December Coffee Exports As Harvesting Season For Fly Crop In Greater Masaka & South-Western Begins
Uganda continues to earn big from coffee exports Uganda’s coffee exports in December 2024 amounted to 413,079 60-kilo bags, worth US$ 115.03 million (Shs424bn), the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has said in the December 2024 Monthly report. This comprised of 365,853 bags of Robusta valued at
Read MoreEC Boss Justice Byabakama Reveals Progress Made On The Ongoing General Update Of The National Voters Register
Justice Byabakama Mugenyi Simon, the Chairperson, Electoral Commission Justice Byabakama Mugenyi Simon, the Chairperson, Electoral Commission, on Friday updated the country on the ongoing general update of The National Voters’ Register, revealing that the exercise is on course as planned. Progress of the Exercise On Monday, 20th January 2025, the
Read MoreUETCL, UEGCL & UCAA Shine As Most Profitable, Loss-Making State Enterprises & Corporations Named
Edward Akol (Left), the Auditor General handing over the report to deputy speaker Thomas Tayebwa The Auditor General has revealed the most profitable and loss-making public corporations and state enterprises. According to the Annual Report of the Auditor General for the Year Ended 31st December 2024 presented to Parliament recently,
Read MoreJulius Mucunguzi, the Head of Public Relations at the EC The Electoral Commission (EC) has today commenced the exercise for the General Update of the National Voters Register, in preparation for the 2025-2026 General Elections. The update exercise will be conducted from 20th January until 10th February 2025, at update
Read MoreStanChart’s Move To Exit Retail Banking: Is Uganda’s Banking Sector Too Small To Accommodate 25 Banks?
Sanjay Rughani, the Managing Director at Standard Chartered Bank Uganda Standard Chartered PLC, the parent company of Standard Chartered (StanChart) Bank Uganda announced a set of actions to concentrate resources where they “have the most distinctive client proposition, in order to better support our clients." Under this arrangement, the bank intends to
Read MoreANALYSIS: Poor Financial Performance & Scandals Defined Kituuka’s Reign At Equity Bank Uganda
Anthony Kituuka, who resigned as Equity Bank Uganda Managing Director Equity Bank Uganda Limited announced the resignation of its Managing Director, Anthony Kituuka. However, to those well versed with Uganda’s financial sector, the resignation may not come as a shocker. Kituuka was appointed as Equity Bank Uganda Managing Director in
Read MoreUganda Airlines Acquires A320-200 On Lease To Enhance Operational Efficiency Ahead Of The Festive Season
The leased A320 - 200 mid-range aircraft at Entebbe Airport Uganda Airlines has signed a short-term lease agreement with DAT, a Lithuanian Airline based in Karmelava, Lithuania, to enhance its operational efficiency for its winter schedule. The A320 - 200 mid-range aircraft, 9.3 years old and acquired on a wet
Read MoreUganda Earns Shs513bn From October Coffee Exports As Dry Conditions In Brazil & Vietnam Continue To Impact Global Prices
Coffee remains Uganda’s leading cash crop and a top foreign exchange earner Uganda’s coffee exports in October 2024, amounted to 496,820 60-kilo bags, worth US$ 139.05 million (Shs512.9bn), Uganda Coffee Development Authority (UCDA) has revealed in its monthly report for October 2024. This comprised of 457,853 bags of Robusta valued
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