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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The Government of Uganda has revealed new measures and steps being taken to increase coffee production and consequently transform the economy. The new measures were revealed by Vincent Bamulangaki Ssempijja, the Minister for Agriculture, Animal Industry and Fisheries while addressing the press at the Uganda Media Centre yesterday. The Minister
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Having trouble to decide which fruit to plant to generate income? Avocado could be a good bet. It can go on a toast, with pizza, morning katogo and make good juice. The growing demand for fruits both domestically and internationally has forced several farmers to forego other crops like maize to
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The Minister of Agriculture, Animal Industry and Fisheries, Vincent Bamulangaki Ssempijja has said Uganda will soon stop importing rice from other countries. While addressing the media at the new Government supported 16 square mile Rice growing scheme today in Bulambuli District, the Minister said Uganda has been importing Rice worth
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