Wealthy Kenyans and firms had piled up KSh922 billion (UShs27.3 trillion) in dollars by last November as they sought to preserve the value of their bank deposits amid a depreciating shilling. Wealthy Kenyans and firms had piled up a record KSh922 billion (UShs27.3 trillion) in dollars by last November
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Analysis: Farmers Abandon Sugarcane For More Lucrative Crops As High Sugar Prices Explained
Farmers in some parts of Uganda are abandoning sugarcane growing Sugarcane growers in Uganda are divided on the approach to realizing the best earnings from their sweat, with some calling for the institution of the Sugar Board. This comes as the cost of sugar continues to rise, now going for
Read MoreBudget: Our National Appropriation Is Misplaced, You Can’t Over Spend On Defense Now & Undervalue The Tourism Industry!
President Yoweri Museveni launching the Pearl of Africa Destination Brand at Kololo ceremonial grounds on 21st Jan 2022 By Nabendeh Wamoto S.P Your Excellency, Jambo Sir, and happy new year together with family. Mzee, I don’t intend to offend, displease or disappoint you your Excellency. This morning your Excellency, I
Read MoreDairy cows can give you daily income/Courtesy photo By Micheal Kabenge Mugalaasi Starting a dairy farm is not an easy task. A new dairy farm needs a lot of planning and capital. Planning, however, is the big word here! You cannot wake up one morning, check your bank account, buy
Read MoreA photo montage of top performing CEOs of 2022 Business Focus has since 2017 recognised best performing Chief Executive Officers (CEOs) and Managing Directors of various companies in different fields. Previously, recognised CEOs have been selected based on milestones of companies published in the media or shared in public spaces
Read MoreOp-ED: The Role Of RDCs, MPs In Countering Theft Of Gov’t Medicines in Public Health Facilities
By Mike Ssegawa While President Museveni was launching the NMS pharmaceutical warehouse in Kajjansi, off Entebbe road, in November 2022, he made a statement on drug theft which should have woken us up and worked towards zero theft of government medicines. The President said drugs bought by Ugandan taxpayers were
Read MoreBy Livingstone Mukasa I started getting serious in creating sources of passive income around 2010 and also begun sharing about the need to prepare for retirement every time and everywhere I could get an opportunity. In 2015, one of my students challenged me to write a book on investing and
Read MoreMotivated Farmers Resume Selling Coffee To Bugisu Cooperative Union As Two Million Kilograms Stocked
Bugisu Cooperative Union (BCU) Head Offices in Mbale/ Photo by William Cheptoek Bugisu Cooperative Union (BCU) has stocked 2,000 tons (2 million Kilograms) of Arabica Coffee, which is double the total kilograms of coffee the union bought between 2018 and 2021. Rodgers Wandulo, an official in the BCU marketing department
Read MoreSharp, Long-Lasting Economic Slowdown To Hit Developing Countries Hard -World Bank
Economic growth in emerging markets and developing economies will be hit hard over the next two years, according to the World Bank’s latest Global Economic Prospects report. Globally, growth continues to slow sharply due to rising inflation and interest rates, reduced investment, and supply disruptions caused by Russia’s full-scale invasion
Read MoreGhana’s December announcement that it was suspending debt payments to selected creditors heightened the debate over the sustainability and risk levels of African debts. The announcement took many by surprise, that the economy was so bad it needed such drastic measures. Lest we forget, and specifically for Uganda; Ghana is
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