Late MP Cecilia Barbara Atim Ogwal Legendary long-reigning Member of Parliament and Dokolo District Woman Representative, Cecilia Barbara Atim Ogwal has died aged 77. Ogwal, passed away on Thursday in a hospital in India where she was reportedly undergoing treatment for a cancer-related illness. News about her sudden demise was
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African countries are increasingly importing Uganda coffee Uganda is Africa’s leading coffee exporter. It’s also the second leading coffee producer in Africa after Ethiopia. Uganda Coffee Development Authority’s monthly reports indicate that over 60% of Uganda’s coffee exports go to Europe and the rest is shared by Africa, Asia and
Read MoreUganda’s Coffee Earnings Increase By 8.58% To Shs3.67Trn In 2023-Report
Coffee remains Uganda’s leading cash crop and a top foreign exchange earner Uganda’s coffee exports for the twelve months (Calendar year 2023) totaled 6.12 million bags worth US$ 965.14 million (UShs3.67 Trillion) compared to 5.63 million bags worth US$ 860.45 million in the previous period (Calendar year 2022). The revelation
Read MoreTraders in Kikuubo, a busy business centre in Kampala Greater customer numbers during December fed through to higher new orders and business activity as the headline monthly Stanbic Purchasing Managers Index (PMI) rose to 54.8 from 53.4 in November. This was the highest reading since June 2023 and above the
Read MoreFacts: What UK Supreme Court Decision In Crane Bank Vs dfcu Bank Case Means
Dfcu bank headquarters On 8 January 2024, the UK Supreme Court ruled that it had decided not to grant dfcu bank permission to appeal in Claim No. CL-2020-000859 involving Crane Bank Limited (CBL). It should be noted that in December 2020, CBL filed a claim in the English courts challenging the transaction relating
Read MoreThe Uganda Shilling ended the year 2023 on a stronger note having stabilized against the US Dollar, and did better than its peers in the East African Community, according to analysts. The currency strength has fluctuated between 3,767 and 3,815 to the US dollar over the last month, with the
Read MoreThe Balance Sheet Equation: Why Electricity Tariffs In Uganda Will Remain High
The Electricity Regulatory Authority on Friday announced the electricity tariffs for the first quarter of 2024. As expected, the new tariffs did not reflect a big change from the ones announced at the end of 2022, April 2023, and what existed at the close of 2023. The 2024 tariffs announced
Read MoreCoffee has always been a dynamic beverage, evolving throughout history and adapting to changing tastes and lifestyles. In this fast-paced world, staying ahead of the curve is vital, especially when it comes to coffee trends. So, what's brewing on the horizon? Let's delve into the most popular coffee trends on
Read MoreJapan Jet Crash: How Crew Pulled Off Flawless Evacuation From Plane Inferno
Japan Airlines Flight 516 in flames at Haneda Airport Passengers dashed to the emergency exits of a burning Japan Airlines jet without their hand luggage, in compliance with the flight crew's instructions. Leaving their valuables behind was a "major factor" behind the swift evacuation of all 379 people on board,
Read MoreGov’t To Increasingly Resort To Domestic Borrowing As Foreign Debt Sources Dwindle
Uganda is set to borrow more from domestic sources to finance its budget The government is expected to increasingly finance its budget shortfalls from domestic borrowing as international financing options decline further. This, according to analyses of the fiscal performance at the beginning of this financial year, will continue until,
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