On September 23-24, 2019, a group of journalists including myself visited Asili Farms located in Masindi and Kiryandongo districts (Kiryandongo was curved out of Masindi district a few years ago), approximately 217 kilometres (by road), North-West of Kampala, Uganda's capital city. Asili Farms is an initiative of American investors and
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Uganda, fertile and sun-drenched, is harboring dreams of becoming the next cannabis (marijuana) hotshot of the African continent. Foreign capital has been flowing in to launch the new industry. So, much hangs in the balance as the country’s cabinet weighs changes to the criminal code allowing cultivation to proceed. There
Read MoreOver 100 Contractors and stakeholders in the Construction sector gathered on Tuesday for a dialogue on,‘Building strategic partnerships to foster sustainable growth in the Construction sector’. The event hosted by dfcu Bank presented a platform to discuss challenges, opportunities and prospects for key players in the sector. The construction sector
Read Moredfcu Bank in partnership with Monitor Publications Limited’s (MPL) flagship brand Monitor and Uganda Investment Authority (UIA) completed a two-day training in Gulu district, Northern Uganda as the initiative continues in its efforts to equip and empower and female entrepreneurs across the country. Over 300 women attended the two-day sessions
Read MoreTwo Ugandans Named Among Top 20 Young African Entrepreneurs For 2019
After months of searching the African continent, The Anzisha Prize has unveiled its top twenty finalists for 2019. The winner will be announced at the ninth Anzisha Prize Forum on 22 October in Johannesburg, South Africa. The Anzisha Prize, an African Leadership Academy and Mastercard Foundation partnership, is dedicated to
Read MoreMuseveni Woos Investors: “Uganda Safest Place To Invest Your Money”
Uganda is the safest place for any investor to inject their money and offers immense business opportunities, President Museveni has said. “If there is a place where you can easily make money, it is Uganda. The place is secure. That is why we host 1.4 million refugees from the neighbouring
Read MoreAfrica’s CEOs Continue To Look For Growth Opportunities amid Economic & Socio-Political Uncertainties – Report
African business leaders are less optimistic about the strength of the global economy and their organisations’ ability to grow revenues in both the short and medium term than they were a year ago. A quarter of African CEOs (25%) believe that the global economy will decline over the next 12
Read MoreUganda Revenue Authority (URA) Tuesday 3rd September, 2019 launched this year’s Taxpayers Appreciation Month (TPAM) that will focus on the Small and Medium Enterprises (SMEs). TPAM involves a series of serialized activities to appreciate and recognize taxpayers. The theme for this year is “Every Taxpayer Counts”. Addressing journalists at URA
Read MoreUgandan Small and Medium Enterprises (SMEs) have been advised to exploit the regional markets and opportunities in order to grow their companies. Speaking at the celebrations to mark 11 years of the Daily Monitor organised Top 100 Mid-sized Companies at Sheraton Hotel on Wednesday morning, Uganda Investment Authority (UIA) Acting Director
Read MoreJapan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the resource-rich continent. “Let me make a promise,” Abe told the Tokyo International Conference on African Development (TICAD) attended by
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