Coffee ready for export A total of 572,839 60-kilo bags of coffee valued at US$ 53.52 million were exported in March 2021 at an average weighted price of US$ 1.56 /kilo, 6 cents higher than US$ 1.50 /kilo in February 2021, Uganda Coffee Development Authority (UCDA) monthly report for March
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How URA Is Supporting Businesses With Stimulus Packages During & Post COVID-19
Ian M. Rumanyika, the Ag. Assistant Commissioner Public and Corporate Affairs at URA Uganda Revenue Authority (URA) is walking its mission of “providing an environment that delivers a delightful experience in revenue services and business facilitation.” The tax body has renewed commitment of leading Uganda to economic self-sufficiency status and
Read MoreOne of the Yamaha Speed Boats URA received Uganda Revenue Authority (URA) has received patrol items that will boost cross border trade and improve surveillance on water bodies. These include a two engine Yamaha Speed Boat, two double cabin motor vehicles and an x-ray baggage scanner (that is being installed today at
Read MoreBoU Maintains Key Lending Rate At 7%, Says ‘Economy Recovering & Stronger Than Expected’
BoU Governor Prof.Emmanuel Tumusiime-Mutebile Bank of Uganda’s Monetary Policy Committee (MPC) held on 14th April 2021 maintained the Central Bank Rate (CBR), a benchmark lending rate for commercial banks at 7%. BoU Governor Prof.Emmanuel Tumusiime-Mutebile said the “the economic recovery is proceeding and is stronger than expected at its last meeting
Read MoreINTERVIEW: Nangoli Shares His Journey To Exporting Ugandan Processed Specialty Coffee To UK
Nangoli besides his finished products. Kikobero coffee is now exported to UK Martin Nangoli, 47, was born in a poorly managed coffee garden and isolated family in Kikobero village, Masira Sub-county in present day Bulambuli district. He says his family and village were a laughing stock because his parents were hunters whose future looked
Read MorePresident Samia Suluhu of the United Republic of Tanzania and Uganda's President Yoweri Museveni Museveni at State House Entebbe. They signed oil and gas agreements The recent conclusion of key oil and gas agreements has opened up opportunities for the participation of Ugandans. Speaking at a press conference, Dr. Kitutu
Read MoreOfficials from Uganda and Kenya in a group photo Officials from the Government of the Republic of Uganda and the Republic of Kenya, Monday met at the Ministry of Foreign Affairs Headquarters to discuss ways of advancing Bi-lateral trade between both countries. The Ministry of Foreign Affairs, in line with
Read MoreMigrant workers are on the rise Finance Ministry’s Microeconomic Indicator Dashboard (MIND) for February 2021, shows that active PAYE employees rose from 649,635 in January 2021 to 670,434 in February 2021. MIND is compiled by Economic Development Policy and Research Department (EDP&RD) in the Ministry of Finance, Planning and Economic
Read MoreDr. James Mwangi, Managing Director and CEO of Equity Group Holdings Equity Group Holdings (EGH) has signed a USD $100 million loan (UShs365bn) facility to support its expansion across Eastern and Central Africa, enhancing its ability to serve small and medium enterprises (SMEs as it grows. In addition to operating
Read MorePresident Samia Suluhu of the United Republic of Tanzania and her host Yoweri Museveni Museveni at State House Entebbe The government of Uganda and its Tanzanian counterpart have today signed the East African Crude Oil Pipeline agreement that effectively signals the start of the construction of the pipeline that will
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