Maize is one of Uganda's big exports to EAC member states The cost of doing business in the East African Community (EAC) has significantly reduced in recent years thanks to the various interventions by member states. The EAC has a membership of Uganda, Kenya, Rwanda, Burundi, South Sudan, United Republic of
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The decline was mainly attributed to lower export earnings from coffee and mineral products The Ministry of Finance has revealed that Uganda registered a drop in the value of its exports in September 2024 by Shs410.4bn, attributing the changes in the decline in coffee exports within that period. The details are
Read MoreManifesto Week: How Trade Ministry Facilitated Creation Of 2 Million Jobs In Manufacturing Sector, Collection Of Shs5 Trillion In Taxes Between 2021 & 2024
David Bahati, the Minister of State for Trade The Ministry of Trade says trade, Industry, and Cooperatives contribute an estimated 26.0% to the GDP. David Bahati, the Minister of State for Trade, made the revelation on Wednesday at the Office of the President Auditorium, while updating the public about the
Read MoreCOP29: Exploring Africa’s Untapped Energy Potential Amid Global Energy Insecurity
By Yusuf Masaba in Baku World leaders and more than 70,000 delegates from 170 countries descended on the Azerbaijan capital, Baku, for the 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) that kicked off on November 11, running till next week on Friday. With
Read MoreCorporate Entities Should Seek Beyond Profits, Must Become Anchors in Communities
By George Mubiru In today’s rapidly evolving business landscape, companies have the opportunity and responsibility to impact more than just the bottom line. Corporations now play an integral role in shaping a nation’s socio-economic health, transcending profit margins to foster resilience and well-being in the communities around them. This shift
Read MoreBy Christopher Burke- Senior Advisor, WMC Africa With Donald Trump’s re-election on 6 November 2024 coupled with a strengthened Republican majority in the Senate and additional seats in the House of Representatives there is renewed curiosity and speculation over how U.S. foreign policy, particularly towards Africa, might shift. Trump’s previous
Read MoreUganda’s Private Sector Records Increase In Business Activity For 7th Consecutive Month-Survey
Mulalo Madula, Senior Analyst at Stanbic Bank The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue to rise. The headline PMI for October recorded a value of 52.9, slightly down from
Read MoreAndrew Mukwaya is earning big from coffee farming. Coffee remains Uganda’s leading cash crop/Business Focus photo By Denis Jjuuko Whether on coffee tables, bar tables, parliamentary tables, or presidential tables, the talk has been about coffee following the contentious coffee bill that seeks to amend the National Coffee Act 2021.
Read MoreThere are fears that the factors and developments that led to the collapse of the first East African Community in the 1970s are increasingly evident in the current bloc. While the first EAC existed for only 10 years, the revived version is marking 25 years this month, albeit amid challenges
Read Moredfcu Bank: Banking On A Legacy Of Empowering Women Entrepreneurs To Implement The GROW Project
By Helena Mayanja, Head – Corporate Affairs and PR, dfcu Bank The launch and execution of the GROW Initiative, a program which offers a monumental opportunity for women entrepreneurs across the country, to receive funding, business advisory and networking opportunities, in a bid to grow profitable businesses has been
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