BoU Deputy Governor, Michael Atingi-Ego handing over the award of the best performing PDMM in Uganda Government securities during the period October 2020 to September 2021, to Standard Chartered Bank CEO/Managing Director , Albert Saltson Banks and market players transacted UGX 42.71 trillion in Secondary Market during the Period October 2020 –
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Emmanuel Wawire roasting coffee Emmanuel Wawire is a coffee Roaster and Barista at Kuwait based Earth Roastery. The Middle East company is buying Uganda Coffee ( Bros coffee) which won the recent Uganda-UK Arabica coffee cupping competition. Uganda coffee is Earth Roastery’s fastest selling coffee. Wawire was trained by Uganda
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A photo Montage of some of the CEOs and business personalities to watch in 2022 The last two years have presented serious business, health and personal challenges across the world, worsened by a breakdown in the global supply chains due to COVID-19 related disruptions. It has been a period that
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Uganda Coffee exports in December 2021 amounted to 536,889 60-kilo bags worth US$ 75.25 million (Shs265bn), the Uganda Coffee Development Authority (UCDA) December 2021 report reveals. This comprised 452,55 bags of Robusta valued at US $55.26 million and 84,301 bags of Arabica valued at US$ 19.99 million. This was an
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Hon. Gen. Jeje Odongo, Minister of Foreign Affairs receiving copies of Letters of credence from H.E Park Sung SOO, the Ambassador Designate of the Republic of Korea. Hon. Gen. Jeje Abubakhar ODONGO, the Minister of Foreign Affairs of the Republic of Uganda, received copies of Letters of credence of four (4)
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Kitgum leaders in a recent meeting to evict balaalo. Photo by Caroline Ayugi Residents of Orom Sub County in Kitum district who hired their land to pastoralists popularly known as Balaalo to graze their animals picked up spears, bows, and arrows on Tuesday morning in their defense. Reports indicate
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A photo montage of some of the top CEOs of 2021 Every year, Business Focus unveils the best Chief Executive Officers (CEOs) and Managing Directors of companies basing on milestones published in the media or shared in public spaces. Uganda’s top business/finance journalists make selections of these CEOs basing on the
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Prof. Emmanuel Tumusiime-Mutebile, the BoU Governor Ugandans are increasingly seeking bank loans but interest rates largely remains high in comparison to the Bank of Uganda’s Central Bank Rate (CBR), a benchmark lending rate. However, despite increased loan applications, loan approvals remain low. According to Bank of Uganda’s Monetary Policy Report
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Delegations from Uganda and Kenya in a group photo after Ministers signed a joint Communique Uganda and Kenya on 21st December 2021 held a cordial bilateral meeting in Nairobi to discuss and resolve issues that impede smooth bilateral trade flows. The meeting was held at Cabinet Secretary/Minister level and hosted at
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IMF Managing Director, Kristalina Georgieva The Executive Board of the International Monetary Fund (IMF) approved on December 15, 2021 a fifth and final tranche of debt service relief under the Catastrophe Containment and Relief Trust (CCRT) for 25 member countries with eligible debt service falling due to the IMF from
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