Business & Economics

State of the art Hotel Africana Moroto underway

State of the art Hotel Africana Moroto underway

Construction of a state of the art Hotel Africana Moroto by the BMK group of Companies headed by Al-hajji Dr. Bulaimu Muwanga Kibirige has kicked off in Moroto District. The First Lady and Minister for Karamoja Affairs Janet Museveni officiated at the ground breaking and kick start of the first phase of Hotel Africana Moroto […]

Fishermen strike over fish maw ban

Fishermen strike over fish maw ban

Fishermen and fish traders at Kasenyi landing site have staged a sit down strike protesting a move by the State Minister for Fisheries to ban the extracting and exportation of fish maw by Ugandan traders. Last month, extraction of fish maw from nile perch by the fishermen was banned saying a number of them extract maw from […]

Reduce foreign dependence in agriculture: Ambassador Irumba

Reduce foreign dependence in agriculture: Ambassador Irumba

The executive director SEATINI-Uganda, Ambassador Nathan Irumba, is cautioning governments of developing countries to desist from subjecting farmers to foreign dependence as this will drastically cause negative effects to agricultural development in these countries with Uganda being among them. According to Ambassador Irumba the continued importation of various agriculture policies from developed countries will not at any time help the […]

Youth call on Government to increase Budget of Agriculture Sector

Youth call on Government to increase Budget of Agriculture Sector

Youth under Civil Society Organizations have asked parliament to prevail over government to consider increasing the Budget of the Agricultural sector claiming that the sector employs most of the youth. Addressing a news conference at the National Theatre in Kampala the youth from Civil Society Organizations like Civil Society Budget Advocacy Group (CSBAG) said that […]

URA reveals that cigarette smuggling reduced in the year 2014/15

URA reveals that cigarette smuggling reduced in the year 2014/15

Uganda Revenue Authority has revealed that there has been a huge decline in cigarette smuggling in the year 2014/15 compared to 2013/14. The Supervisor Customs Enforcement- URA, Armstrong Turyakira, says since 2013 to date a total of 7.1 million sticks were impounded compared to 12.6 seized in 2008/09. Turyakira attributes the reduction to the war in South Sudan and opening of new factory […]

Coffee growing, production and processing to be revamped

Coffee growing, production and processing to be revamped

The parliamentary coffee platform have embarked on the bid to revamp coffee growing, production and processing of the once Uganda’s top-earning export crop to also improve people’s livelihood. Uganda Coffee Development Authority wants the fast tracking of the Coffee Bill 2015 to regulate coffee growing, production, and marketing. In a bid to revamp coffee growing in […]

Return national bank : Gilbert Bukenya

Return national bank : Gilbert Bukenya

The former Vice President, Prof Gilbert Balibaseka Bukenya, called for the return of a national bank to revive the country’s economic growth. Bukenya who is the MP for Busiro North in Wakiso district said that it was wrong for President Yoweri Museveni’s government to privatize the national bank which could have been used to help poor Ugandans […]

Kampala- Entebbe expressway should be fast-tracked: Prime Minister

Kampala- Entebbe expressway should be fast-tracked: Prime Minister

The Prime Minister, Dr Ruhakana Rugunda, has said all obstacles delaying progress on the Kampala- Entebbe expressway should be expeditiously addressed to ensure that the project is completed on time. Dr Rugunda said any delays in the completion of the project will be costly to the country adding that issues such as land compensations and […]

Government set to register fruit and vegetable exporting companies

Government set to register fruit and vegetable exporting companies

The Trade Minister, Hon. Amelia Kyambadde revealed that following the ban on exports to Europe a week ago, government has embarked on the exercise of registering all those engaged in exporting fruits and vegetables to Europe with all those registered being awarded codes for proper identification.   The European Union faulted the quality of fruits […]

The President’s remarks at the 6th EDBI for Eastern and Southern Africa.

The President’s remarks at the 6th EDBI for Eastern and Southern Africa.

In a speech read by the Prime Minister Dr. Ruhakana Rugunda, President Yoweri Kagutta Museveni  said a major element of reforming business operations is to invest in peace so as to guarantee the security of persons and property. This was at the opening of the 6th Ease of Doing Business Initiative (EDBI) Conference for Eastern and […]