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Uganda Earns Shs477bn From Coffee Exports In May On Higher Harvest From Masaka & South Western Regions

Uganda is increasingly earning big from coffee exports Uganda’s coffee exports in May 2024, amounted to 553,529 60-kilo bags, worth US$ 127.30 million (UShs477 billion), Uganda Coffee Development Authority (UCDA) has revealed in its monthly report for May 2024. This was comprised of 473,693 bags of Robusta valued at US

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Analysis & OpinionsNews

Agricultural Research As A Trigger For Economic Transformation

By Frank Mugabi In the 2024/2025 budget speech, Minister of Finance, Planning, and Economic Development, Hon. Matia Kasaija, severally underscored the critical role of agriculture in driving Uganda’s economic transformation. The Agricultural Sector continues to be the mainstay of Uganda’s economic growth; employing approximately 70% of the population, and contributed 23.8%

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Analysis & OpinionsNews

A Simple Breakdown Of Uganda’s Shs72.13 Trillion Budget For FY 2024/25

Finance Minister, Matia Kasaija (Centre) with his junior Ministers before he left Ministry of Finance headquarters for Kololo independence grounds to read the budget for FY 2024/25 on behalf of the President/ Ministry of Finance Photo Uganda’s  total resource envelope for Financial Year 2024/25 amounts to Shillings Seventy-Two Trillion, One

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Analysis & Opinions

“Africa Will Be The Pivotal Continent In The World, Given Its Economic Prospects”—African Development Bank Group President

Dr Akinwumi Adesina delivered an inspiring address to a diverse audience of diplomats, investors, academics, politicians, and media, emphasizing Africa’s untapped potential and abundant opportunities Financing is key to unlocking Africa’s development opportunities; Dr Adesina tells Chatham House: “Africa can no longer be ignored.” In a packed auditorium at the

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Analysis & Opinions

SONA2024: President Museveni To ‘Crush’ Corrupt Political Leaders & Civil Servants, Calls For Full Free Trade In EAC

Museveni arriving at Kololo Ceremonial Grounds President Yoweri Kaguta Museveni on 6th  June, 2024 delivered the State Of The Nation Address  at Kololo Ceremonial Grounds in which he vowed to crush the corrupt politicians and civil servants. Below is the President’s full speech; In fulfillment of the Constitutional requirement under

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Analysis & OpinionsBanking

Uganda’s Top 10 Banks By Assets Revealed As Total Industry Assets Increase To Shs49.5 Trillion

A pie chart showing banks with largest and smallest assets Total assets for Uganda’s 25 banks increased by 342% to Shs49.51 trillion in 2023, up from Shs45.45 trillion recorded in 2022, Business Focus exclusively reports. According to results exclusively analyzed by Business Focus,  the top 10 banks control 80.98% of

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