Business

Uganda has taken a significant dive forward to enhance export logistics capabilities following the completion of a multi-modal logistics hub in Gulu. This was announced during the National Export Logistics Dialogue held at Four Points by Sheraton in Kampala on Thursday 14 November 2024. Speaking at the dialogue, Katushabe Winston, Commissioner for Transport Regulation and Safety at the Ministry of Works and Transport, highlighted the impact of the new Gulu hub. “The multi-modal logistics hub in Gulu is now fully operational, significantly...

A 54-year-old retired teacher in Kibuku district is currently raising pigs and poultry, a project he started after receiving shillings one million from the Parish Development Model program in 2023. Benedict Loda, a father of four and a resident of Bukoda Zone, Kasasira town council, in Kibuku district, retired from teaching after 30 years. “When I got my retirement package, I used it to erect a permanent residential house, which exhausted all my benefits, and I didn’t have any more funds...

During his visit to Rukungiri in 2018, at Nyakagyeme grounds, President Yoweri Kaguta Museveni introduced an unknown female adult to the audience who would later be known as Peace Rugambwa, born of Ntungamo in Southwestern Uganda. The President, as with most of his messages on rallies, was teaching about poverty alleviation from the area when he introduced Rugambwa, who had convinced him that onion farming was a quick and effective plan to get the people of Rukungiri out of poverty,...

Operation Wealth Creation (OWC) has demystified rumors being spread by opposition Members of Parliament that Buganda region farmers have been sidelined in the development of coffee production and that government is intentionally sabotaging Baganda to make them poor. During the presidential address on November 7, 2024, the OWC coordinator for the Greater Masaka region, Colonel Nsamba, clarified that they have managed to distribute over 107 million free coffee seedlings to Buganda farmers in the ten (10) districts that make the...

President Yoweri Kaguta Museveni has expressed commitment to add value in coffee so that, instead of earning USD 2.5 per kilogram, Uganda will achieve USD 25-40 per kilogram and also create more jobs for our people in the process. During the State of the Nation address on Thursday, November 7, 2024, President Museveni condemned people criticizing the merger of Uganda Coffee Development Authority (UCDA) with the Ministry of Agriculture. The President said that research scientists at Kawanda, Kituza, and Serere and...

The government has given importers up to January 2025 to procure marine insurance for their imports from locally licensed insurance companies. This was announced by Ramathan Ggoobi, the Permanent Secretary, Ministry of Finance, Planning, and Economic Development, and Secretary to Treasury, on Thursday, November 7th, 2024, while launching the Local Marine Cargo Insurance Portal at the Uganda Revenue Authority (URA) in Nakawa. Ggoobi said using marine insurance will lower commodity prices, which have been preventing Ugandans from purchasing goods in bulk. He...