The best way to plan ahead is often to look back to see the patterns emerge. Today’s article offers a recap of key patterns and trends that shaped the coffee industry throughout 2024, to help craft a strategy for 2025. Once buoyed by low coffee prices, low interest rates, and
Read More
Christopher Legilisho, Economist at Stanbic Bank The monthly Stanbic Purchasing Managers’ Index (PMI), which provides a measure of prevailing private sector outlook, dropped to 53.1 during December compared to the 55.7 reading posted in November. Christopher Legilisho, Economist at Stanbic Bank said, “Stanbic Bank Uganda PMI data for December reveals
Read More
A polling official assist a voter to cast a ballot. By Denis Jjuuko Just like that, we are in 2025. It was just the other day when politicians were all over the place, crisscrossing our beautiful country telling stories and endearing themselves to the voters. The season for political
Read More
President Yoweri Museveni officially launched the Parish Development Model (PDM) at Kibuku Primary School, Kibuku District in Bukedi Sub-region in 2022 In a bid to reduce on the number of households still gripped in subsistence economic activities and way of survival (mainly through rudimentary agriculture, gathering & hunting), President Museveni
Read More
For many years, President Museveni has been very passionate about diminishing the levels of poverty and material deprivation among the people of Uganda. The 2024 census final report shows that Uganda, as of May 2024, had 10.7m households of which 3.5m (or 33%) were living under very depriving poverty
Read More
Henry Musasizi, the Minister of State for Finance (General Duties) Uganda’s economic outlook is positive and optimistic, the Ministry of Finance, Planning and Economic Development. has said. Henry Ariganyira Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties) made the revelation recently while updating the country
Read More
Sanjay Rughani, the Managing Director at Standard Chartered Bank Uganda Standard Chartered PLC, the parent company of Standard Chartered (StanChart) Bank Uganda announced a set of actions to concentrate resources where they “have the most distinctive client proposition, in order to better support our clients." Under this arrangement, the bank intends to
Read More
MPs in a group photo with the trainers on IFFs A team of experts have raised concerns about the institutional capacities within Government agencies charged with fighting Illicit Financial Flows (IFFs) in Uganda, despite the various laws enacted to fight the vice. The concern was raised by Joseph Ahaisibwe, Senior
Read More
Raphael Magyezi, the Minister for Local Government The government through the Ministry of Local Government has pledged to continue releasing Shs 100 million every year to the parishes under the Parish Development Model (PDM) Program. Local Government Minister Raphael Magyezi made the revelation on last Wednesday while updating the nation on the
Read More
Anthony Kituuka, who resigned as Equity Bank Uganda Managing Director Equity Bank Uganda Limited announced the resignation of its Managing Director, Anthony Kituuka. However, to those well versed with Uganda’s financial sector, the resignation may not come as a shocker. Kituuka was appointed as Equity Bank Uganda Managing Director in
Read More
