Heliochem Pty Ltd, an Australian based firm has partnered with Medcan Uganda Ltd to grow medical cannabis (marijuana) in Uganda, Business Focus exclusively reports. Heliochem is a subsidiary of THC Global Group Limited (ASX: THC), an ASX listed company, operating in the Health Care sector. It has been in business for
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By Katusiime Kellen The Uganda Bureau of Statistics (UBOS) has released a list of ten crops where farmers last year earned a better price than others. The list, contained in the new Producer Price Index (PPI) for agriculture released on Thursday, is first-time of its kind by UBOS and the
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Kenyan farmers under Cereal Growers Association (CGA) have opposed Government plans to allow duty free maize importation into the country from July and the 16 per cent taxation on pest control products, the Standard reports. In a press conference on Wednesday, CGA chair Furries Kluger said importation of duty free
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Agribusiness has been touted as a sector that will produce the next generation of billionaires across the world given the increasing global population amidst fixed land and climate change menace. In Uganda, a number of people are increasingly taking on commercial farming. However, some have jumped on this lucrative business
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The Finance Committee of parliament has recommended the amendment of the Income Tax Act to exempt agricultural supplies from withholding tax. In its report to parliament, a copy of which URN has seen, the committee recommends the amendment of Section 118 of the Income tax Act to exempt agricultural supplies
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The Minister of Agriculture, Animal Industry and Fisheries, Vincent Bamulangaki Ssempijja says Government is soon phasing out distribution of free seedlings to farmers. This was during a two- day visit to farmers in Nebbi and Pakwach Districts in West-Nile under the Agriculture Cluster Development Project (ACDP) arrangement. He told farmers
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John Deere, an American Corporation that manufacturesagricultural, construction, and forestry machinery will tomorrow announce major steps that they are taking to change Uganda and Africa’s agricultural sector in 2019. The announcements will be made at the 11th edition of the Information Communication and Technology for Development Conference (ICT4D) which kicks off tomorrow
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A number of international firms are seeking to grow marijuana in Uganda to cash in on the growing multi-billion dollar business. This site understands that a number of local firms are also willing to venture into the lucrative weed. On March 18, 2019, Uganda Investment Authority (UIA) cleared Together Pharma
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The Deputy Governor, Bank of Uganda (BoU), Dr Louis Kasekende has asked members of Savings and Credit Cooperative Organizations (SACCOs) to turn them into producer cooperatives so as to enjoy more benefits. He made the remarks on April 17, 2019 during Bank of Uganda Town Hall Meeting held at the
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The Minister of Agriculture, Animal Industry and Fisheries, Vincent Bamulangaki Ssempijja has launched Iran Agro-industrial Group in Kisozi-Gomba District. The company which was established by an Iranian Investor, Seyed Muhammed is dealing in silkworm rearing which he {Seyed} says will fetch the country billions of money within few years to
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