Coffee ready for export Uganda’s Coffee exports in April 2021 amounted to 537,538 60-kilo bags worth US$ 50.02 million (Shs176.76bn), Uganda Coffee Development Authority (UCDA) report reveals. The April UCDA Report says this comprised 464,544 bags of Robusta valued at US$39.08 million and 72,994 bags of Arabica valued at US$
Read MoreFrancis Otucu
Eskom Uganda Managing Director, Thozama Gangi (center) cuts a tape to represent the handover of 31 streetlights installed on Gabula Street to the Jinja city leadership. The UGX 233 million project is aimed at improving visibility and reducing crime. She’s joined by Jinja deputy mayor Midius Asiimwe and mayor elect,
Read MoreEXCLUSIVE: Uganda’s Largest Banks By Assets Named, Total Industry Assets Hit Shs38 Trillion
A photo montage of some bank CEOs in Uganda Ten (10) commercial banks operating in Uganda control a commanding 74.91% of the total industry market share for assets, an exclusive analysis by Business Focus has revealed. It’s worth noting that this website analyzes the performance of commercial banks every year based
Read MoreMusinguzi Reveals How URA Will Hit Shs22.4 Trillion Revenue Target In 2021/22
URA Commissioner General John Rujoki Musinguzi speaking at the recent launch of the National Budget Month Uganda Revenue Authority (URA) has been given an interim revenue target of Shs22.42 trillion in the Financial Year 2021/22. During the recent launch of National Budget month 2021/22, URA Commissioner General John Rujoki Musinguzi
Read MoreLycamobile Uganda CEO Vinay Choudary (3rd Left) receiving the license from UCC Ag. Executive Director, Irene Kaggwa Sewankambo (3rd Right). Looking on are UCC and LLycamobile officials The Uganda Communications Commission has granted a National Telecommunication Operator (NTO) license to Lycamobile, making the company the Third National Operator. Lycamobile, whose
Read MoreThe intercepted smuggled wheat flour Uganda Revenue Authority (URA) Friday morning at around 4am intercepted a boat with 162 cartons (x12pkt x2kgs) of PEMBE KENYA WHEAT FLOUR . According to Ian M. Rumanyika, the Ag. Assistant Commissioner Public and Corporate Affairs at URA, the tax body had earlier planted its trusted informers at all
Read MoreCarolyne Agudo, Head of Customer Experience (L) at Housing Finance Bank handing over a customized gift hamper to a customer. Looking on is David Muyomba, the bank’s Communications & PR Officer In the spirit of celebration, Housing Finance Bank delivered in person to some of their partners across the country special presents to
Read MoreL-R Uganda Law Society President, Pheona Wall, Gilbert Agaba Director Intellectual Property, Mercy Kainobwisho, Registrar General & Paul Asiimwe of Sipi Law Firm during the launch of URSB's Journal. The Registrar General of the Uganda Registration Services Bureau (URSB), Mercy K. Kainobwisho today hosted a breakfast meeting with media editors and
Read MorePresident Yoweri Kaguta Museveni taking oath President Yoweri Museveni has said that he doesn’t need lectures about democracy. Museveni was on Wednesday speaking at Kololo Independence Grounds after he was sworn in as President of Uganda. “It is quite comic and laughable to hear of some actors in the world
Read MoreANALYSIS: 19 Banks Post Shs817.7bn Profit In 2020, Loss-Making Institutions Revealed
The 2020 financial results for commercial banks operating in Uganda are finally out. Every year, Business Focus exclusively analyses the performance of banks based on their financial statements. In the last one month, banks have been releasing their financial results in newspapers as required by law. Currently, there are 25 banks
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