On November 10, 2018, a group of coffee players and I visited Kaweri Coffee Plantation Limited located in Mubende district, about 200 kilometers (by road), west of Uganda’s Capital City, Kampala. The study trip was organized by a popular ‘Coffee WhatsApp Group’, further highlighting how beneficial social media can be
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By AFP Uganda and Guinea are among 15 countries who could secure places at the 2019 Africa Cup of Nations tournament this weekend provided they do not lose at home. Uganda share with South Africa the record of not having conceded a goal in 2019 qualifying and goalkeeper Denis Onyango
Read MoreMutebile’s Full Response To Parliament On 7 Controversially Closed Banks
Bank of Uganda Governor, Prof. Emmanuel Tumusiime-Mutebile on Monday appeared before Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) to respond to queries raised in the special Auditor General’s report on seven controversially closed banks. Below is his full statement. Honourable Members: The Management of the Bank of
Read MoreDebt-Distressed African Countries Again Look To International Monetary Fund
By Akani Chauke By the International Monetary Fund (IMF’s) own admission, there are circumstances where African governments’ debt levels are so high they become unsustainable, such that the scheduled debt service exceeds the capacity of the member to service it. This rings true for a number of countries in the
Read MoreA groundbreaking international report released Monday shows the use of modern methods of contraception has increased dramatically in Uganda, as the country pursues ambitious family planning goals for 2020. The report also shows modern contraception prevented over 1 million unintended pregnancies and 228,000 unsafe abortions between July 2017 and July
Read MoreAfrica as a continent has reported a significant rate in agriculture; Agriculture is one of the sectors on the continents with a reasonably high level of revenue from export activities. Export commodities such as Cocoa, coffee, Timber, cashew and maize are some widely known produce that earn the continent much
Read MoreAs a country, we have and continue to unleash to staggering numbers unspeakable, unmonitored armed groups (Iraqi, Afghanistan, Crime Preventers e.t.c.), putting our national security in danger. Here below are two cases to explain the country’s security situation. We have all probably heard the story of the Frog and the
Read MoreCurrency Weekly Update: Shilling Trades Relatively Stable
The Uganda shilling was relatively stable, trading within range as market demand was evenly matched by the inflows during the week ending 9th November 2018. Trading was in the range of 3747/57. In the interbank money market, overnight funds traded at 6.50% while one week traded at 10% In the
Read MoreBy H.E Ambassador Alexander Polyakov US President Donald Trump announced the intention to withdraw from the Treaty on the Elimination of Intermediate-Range and Shorter-Range Missiles (INF Treaty) accusing Russia of violating the document by testing and deploying an allegedly prohibited intermediate‑range ground-based cruise missile “Novator 9M729” (SSC-8). However, no supporting
Read MoreThe Stanbic Bank Purchasing Managers’ Index (PMI) has posted 56.6 in October, up from 54.2 in September recording above the 50.0 no-change mark for the twenty-first successive month. The latest reading is the highest since the survey began in June 2016. Four of the five monitored sectors saw business conditions
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