PostBank Uganda, a financial institution that is committed to transforming the lives and livelihoods of Ugandans, has been appointed to disburse the government COVID-19 relief funds to the select Ugandans impacted by the pandemic and the ongoing lockdown. As opposed to distributing food as was in the first lockdown, the
Read MoreTaddewo William Senyonyi
William is a seasoned business and finance journalist. He is also an agripreneur and a coffee enthusiast.
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Agribusiness
Uganda Dairy Exports Grow By 63% In Three Years As Value of Country’s Milk Hits Shs3.1Trn
Uganda’s revenue from export of dairy products has risen from $131.5m (Shs 480bn) in 2018 to $205m (750bn) in 2020 according to records from the Dairy Development Authority (DDA). This was revealed by Dr. Michael Kansiime, the DDA Executive Director during a virtual orientation meeting with Frank Tumwebaze, the new
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Analysis & Opinions
Uganda Registers Sharp Decline In Economic Activity As Business Conditions Deteriorate
There's reduced economic activity in Uganda The monthly Stanbic Purchasing Managers’ Index (PMI) dropped to 34.9 in June from 56.5 in May attributed to government’s lockdown measures that were announced to tame the spread of COVID-19. The reading signalled deterioration in business conditions for the first time in five months,
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Absa Bank Uganda Managing Director, Mr. Mumba Kalifungwa Absa Bank Uganda and MTN Mobile Money Uganda Limited have today announced the introduction of mobile money payment functionality, also known as MTN MoMoPay on Absa Point of Sale (POS) machines/terminals. The service is open to all MTN Uganda mobile money account holders,
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Frank Tumwebaze checks on some of the growing grapes The Minister of Agriculture, Animal Industry and Fisheries, Frank Tumwebaze has said Government is planning to boost grape farming in Uganda as one of the ways to help Ugandans improve their household incomes. Acting on the directive of President Yoweri Museveni,
Read MoreUCDA Managing Director, Dr. Emmanuel Iyamulemye Niyibigira Uganda Coffee Development Authority (UCDA) is doing everything possible to ensure that Uganda’s coffee attracts a premium price globally. This has been revealed by UCDA Managing Director, Dr. Emmanuel Iyamulemye Niyibigira in an interview. Iyamulemye says as Uganda pushes to produce 20m 60kg
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Government through the Minister of Agriculture, Animal Industry and Fisheries, Frank K. Tumwebaze (pictured) has declared the 1st of July 2021 to be the harvest date for the first season of this year. Vanilla is a high value horticulture crop grown and used as a flavoring agent in beverages, confectionaries, and pharmaceuticals.
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URA Commissioner General, John Rujoki Musinguzi Uganda Revenue Authority (URA) has said following a system downtime experienced yesterday afternoon, all its online services have since been restored and taxpayers can access them without any interruptions. “Additionally, we have accorded taxpayers who have been affected an extension of one (1) day to
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UCL officials led by Board Chairman, Martin Kasekende (L) during the AGM today The Board of Directors of Uganda Clays Limited (UCL) has today announced that the company posted good results for the year 2020 with a net profit of Shs4.9 bn which is a turnaround from a loss of Shs88
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UNBS warns manufacturers, importers and stockists against substandard iron bars/Courtesy photo The Uganda National Bureau of Standards (UNBS) has revealed that substandard Iron Bars are flooding the market with many unsuspecting individuals falling victim. “The sale of substandard iron bars deprives the customer of the value for their money, promotes
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