Uganda’s President, Yoweri Museveni has promised the already existing commercial farmers lower interest rates in order to expand their operations and up production. The President made the revelation while delivering the State of the Nation Address to Parliament and the entire nation at Kampala Serena Conference Centre on Tuesday evening.
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Many successful entrepreneurs turn challenges into money minting opportunities. For Regina Nakayenga, 59, a former lecturer of Microfinance and Entrepreneurship at Kyambogo University, it was menopause that inspired her into business. She left the University four years ago to start Rena Beverages Limited, a company processing Hibiscus that comprise many
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A latest report indicates that Operation Wealth Creation (OWC) Programme created a few years ago is failing to fulfil its duties. According to a report by Parliament’s Sectoral Committee on Agriculture, Animal Industry and Fisheries on the implementation of OWC obtained by Business Focus, a number of farmers are eating
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The Chinese Ambassador to Uganda Zheng Zhugiang has said his country will do whatever it takes to help Uganda’s efforts of attainment of the middle income status. Speaking during a function to hand over two pickups to Operation Wealth (OWC) Creation on Monday, Zhugiang said they will always be available
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Start small and grow big is one of the major advice given to start-ups by investment gurus. This is true to Zubairi Mukaaya, a resident of Nankandhulo, Kisozi Sub County in Kamuli district, who has grown from 10 chickens to become a millionaire-without using a bank loan. The Primary three
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SAP has announced the launch of its SAP Rural Sourcing Management solution, connecting smallholder farmers and suppliers in rural areas with the supply chain of global agribusinesses and consumer products companies. SAP Rural Sourcing Management is an integrated, cloud-based solution running on SAP Cloud Platform. This solution enables Agribusinesses as
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There are many unexploited business opportunities in Uganda. And for Assad Kisekka, opening up a poultry butcher was the unexploited idea that he decided to venture into. Kisekka aka ‘Owenkoko’ is a popular figure in Bweyogerere town, Wakiso District, thanks to his poultry butcher known for selling Turkey (Ssekoko) meat.
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Uganda’s Shs30trn budget for the Financial Year 2017/18 is set to benefit farmers than ever before. The budget being discussed by Parliament is expected to be passed and approved soon. If passed in its current form, it will see a number of taxes on key agricultural items including irrigation equipment
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The future lies in hands of go getters! Considering the increasing levels of unemployment globally, the need for soft skills is increasingly becoming important than ever before. In Uganda, statistics show that over 400,000 people graduate annually from universities and other tertiary institutions but only 9,000 are able to get
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There’s no doubt that agribusiness is a profitable enterprise considering the fact that the world’s population is increasing at a faster rate. This means that demand for agricultural products is certainly guaranteed yet land remains fixed, giving an opportunity to those with it to make clean money. In this article,
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