George Galabuzi (Left) is joined by Charles Ssesanga (2nd Left) and ARC officials (in green) as he officially enters his newly built house George Galabuzi,85, never dreamt of sleeping in a decent house. A resident of Kyaliwajjala Zone A in Namugongo, Galabuzi has for a long time lived a miserable life in
Read MoreBusinessFocus Reporter
UCDA says there are no major attacks or outbreaks of tailed caterpillars Uganda Coffee Development Authority (UCDA) has clarified that there are no major attacks or outbreaks of tailed caterpillars reported across coffee growing areas in Uganda. UCDA was responding to The New Vision front page article on April 5, 2022 titled ‘Pests
Read MoreDr. Winifred Mary Tarinyeba Kiryabwire dfcu Bank Limited has announced the appointment of Dr. Winifred Mary Tarinyeba Kiryabwire as the new Chairperson of our Board of Directors with effect from 01st April 2022. Dr. Tarinyeba Kiryabwire is a lawyer with over 20 years’ experience and expertise in corporate law,
Read MoreRonald Muyanja, the Head of Trading, Global Markets at Stanbic Bank Uganda The headline Stanbic Purchasing Managers’ Index (PMI) posted 51.9 in March, down from 55.7 in February, but still signaling an improvement in business conditions as the health of Uganda’s private sector continues to strengthen during the last eight
Read MoreUganda Airlines’ Dubai Route Increasingly Becoming Lucrative As Passengers Embrace National Carrier
Passengers boarding the Airbus on October4, 2021 ahead of Uganda Airlines maiden flight to Dubai Uganda Airlines launched its flights to Dubai on the October04, 2021, a major milestone for the national carrier because it marked the first intercontinental route on the Airline’s network. The Airline is plying
Read MoreVocational education is optional in Uganda Educationists are worried that the government's move to make Vocational occupations optional might kill the spirit of the lower secondary curriculum before it is fully implemented. According to the lower secondary curriculum, learners are supposed to attend vocational studies from which they can
Read MoreHuawei Posts Shs64 Trillion Net Profit As Tech Giant Maintains Solid Operations
Guo Ping, Huawei's Rotating Chairman Huawei released its 2021 Annual Report today, revealing that the company had maintained solid operations throughout the past year. As per the report, Huawei achieved CNY636.8 billion (99,88bn USD) in revenue in 2021, and CNY113.7 billion (UShs64.2 trillion) (17,84bn USD) in net profits, an increase of
Read MoreEnergy losses remain a big challenge to Umeme Uganda’s leading power distributor, Umeme Limited has registered a net profit of Ushs139.15bn in 2021, up from Ushs43.08bn in 2020. According to the company’s audited financial statements for the year ended 31 December 2021 released today, “The main drivers of the financial performance
Read MoreMugamba Coffee: Inside The 320-Acre Agritourism Farm Touching Lives of 100 Families
Kaganda (in red T-Shirt) taking the UCDA team through the process of coffee drying Farming business is not for the faint-hearted; you must be passionate and determined to overcome setbacks if you are to succeed. This is a major lesson from Godfrey Kaganda and his wife Shakira Buhura, the proprietors of
Read MoreHon. John Mulimba, Minister of State for Foreign Affairs in charge of Regional Cooperation of the Republic of Uganda with H.E. Ambassador Albert Shingiro,Minister of Foreign Affairs and Development Cooperation of the Republic of Burundi after signing the Joint Communique at closing of the 3rd Session of the Uganda -
Read More
