Business

The President of Uganda National Farmers’ Federation (UNFF), Dick Kamuganga, has applauded their partnership with Operation Wealth Creation (OWC) that has promoted market-oriented production, which is set to be a key driver of the Parish Development Model's success to different households with the aim of eradicating poverty. According to Kamuganga, the lessons learnt from the 11-year partnership with OWC include proper identification, mobilization, organization, and empowerment of Ugandan farmers, which has transformed them from subsistence farming to commercialized agriculture. “We are...

President Yoweri Museveni has called upon Ugandans in the diaspora to invest at home in order to drive socio-economic growth and harness diaspora resources for investment and trade opportunities. The president was represented by the Vice President, Jessica Alupo, at an inaugural Diaspora Convention organized by Uganda’s Ministry of Foreign Affairs that took place from December 18-19, 2024, at Speke Resort Munyonyo. He called upon the Ugandan diaspora to engage in Uganda’s transformation journey. "While partners play a role, Uganda’s development...

Ugandans are currently witnessing a significant drop in the prices of fuel across the country, which have reached their lowest level in six months, with the Uganda National Oil Company (UNOC) hoping the trend will continue. As of December 18, 2024, the average price of a litre of petrol within Kampala city was UGX 4,800, with some fuel stations selling at as low as UGX 4,700, while that of diesel was Shs 4,600. The price range is also true in...

The National Unity Platform (NUP) party spokesperson and Leader of Opposition (LOP) in parliament Joel Ssenyonyi has expressed satisfaction with the progress of works at the Africa coffee park in Ntungamo. While speaking to the media on December 12, 2024 Ssenyonyi noted that their visit to Ntungamo showed progress of the coffee park project and unlike other projects, the progress was visible. “Unlike other projects where the government has injected billions of tax payer’s money, the coffee project in Ntungamo shows...

In a significant breakthrough for Uganda Revenue Authority (URA) enforcement alert team a notorious Nile Perch smuggler has been apprehended with a staggering haul of over 3,800 unaccustomed mobile phones valued at UGX 1.9 billion in tax. The operation led by Team One of URA took place in a warehouse in Old Kampala following a tip-off from a newly recruited confidential informant. According to the URA enforcement alert team in a statement on December 12,2024, this seizure highlights the ongoing challenges...

The Deputy Director General of the Internal Security Organization (ISO), Colonel Emmy Katabazi, has implored the Mbale ghetto youth to involve themselves in income-generating activities that will help them eradicate poverty and improve their economic well-being. Col Katabazi was meeting the ghetto youth of Mbale city at Mbale Secondary School in Mbale city on Wednesday, December 11, 2024. He assured the ghetto youth that Uganda is their country, where they should serve with dignity and that peace and security will continue...