Trade, Industry and Cooperatives Minister, Hon Amelia Kyambadde has applauded Rosebud Flower Company among the fresh flower companies involved in international flower market, saying that the accolades from such sophisticated sector by the international community should be maintained by all actors in the same business. She noted in an interview...
Uganda is one of several countries in Sub-Saharan Africa that stands to benefit from a new World Bank financing facility that aims to support private sector access more affordable capital for investment. Speaking  during a workshop to brief private sector companies and Government of Uganda held at the Kampala Serena...
Uganda’s Gross Domestic Product (GDP), in nominal terms, Uganda needs to meet a per capita income threshold of $1,033 to graduate to middle income status by 2020. Bank of Uganda economist Thomas Bwire looks at two key requirements to accelerate income growth in the country. The 2014 population census puts...
In the past, if you happened to live far from the grid you had to make do with candles and kerosene lamps. Some of the kerosene lamps had negative side effects due to the fumes emitted as wick burned to emit light. The Head Of Sales, George Kawemba, says that...
The introduction of improved upland rice varieties has vastly expanded rice production in Uganda – reducing imports by a third. For many women farmers, the change is not only bringing a valuable new crop, but also more bargaining power with their husbands, said a study published in the Journal...
It is an undoubted fact that agriculture has the potential to contribute to sustainable and broad based economic growth in Africa. However, this promise is thwarted by the incessant reliance on nature’s rain, which unfortunately, has become precarious because of the changing pattern of the global climatic conditions.  To...
All eyes are shifted to Bank of Uganda (BoU) as the day approaches for the latest assessment for the Central Bank Rate (CBR) by the Monetary Policy Committee. The concern will be whether BoU will support and stand firm the ground lower borrowing costs by the business sector. At present...
Uganda was last Monday 12th June 2017, overwhelmingly voted to the Governing Body of International Labour Organisation by the 106th International Labour Conference in Geneva for the period 2017-2020. This election follows Uganda’s earlier nomination by the Africa Group at the African Union meeting held in April 2017 in...
The World Bank has announced the resumption of more than Shs5 trillion ($1.5bn) in new lending to the government of Uganda. Last Tuesday, the bank wrote to Keith Muhakanizi, the secretary to the treasury, communicating its decision to fund key road projects. The roads are the 100km Kyenjojo-Kabwoya road under...