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Minister of Works and Transport Launches State-of-the-Art Firefighting Equipment at Entebbe Airport

Gen. Katumba Wamala, Minister of Works and Transport, commissioned two new state-of-the-art fire trucks at Entebbe International Airport. These specialized vehicles enhance the airport’s emergency response capabilities, with water and foam carrying capacities designed to meet international fire safety standards. State-of-the-Art Fire Trucks at Entebbe International Airport. The Minister of Works and Transport, General Katumba […]

Middle East remains top destination for Uganda’s exports

The Middle East has again emerged as the biggest destination of Uganda’s exports, accounting for 33.1% of the total share in August 2024. The finance ministry report for the performance of the economy for September also said within this region, the United Arab Emirates accounted for 97.8% of Uganda’s exports to the region. With 33.1% […]

Uganda Coffee Exports to Italy Top the Market in September

Italy held the largest market share for Uganda’s coffee exports in September at 36.2%, followed by Germany and India. Coffee exports to African countries remained steady at 12%, with Europe accounting for 71% of the total. Italy maintained the highest market share of Uganda’s coffee exports in September, accounting for 36.2%, up from 35.3% in […]

Bankers Root For Data Governance

The first-ever Data Governance Forum for Uganda’s banking sector has been held in Kampala with calls for professionalizing the industry and promoting financial inclusion. On October 17, 2024, Kampala hosted Uganda’s inaugural Data Governance Forum for the banking sector, where there were calls to professionalize the industry and enhance financial inclusion. Uganda Institute of Banking […]

Government committed to addressing challenges in tea industry

The state minister for Agriculture, Hon. Bwino Fred Kyakulaga, has reaffirmed the Government’s commitment to resolving the challenges facing Uganda’s tea industry While speaking at the 6th Africa Tea Convention and Exhibition, held from October 9-11, 2024, at the Kigali Conference and Exhibition Village in Rwanda. Speaking at the 6th Africa Tea Convention and Exhibition, […]

Uganda’s Coffee Industry Reaches New Heights with Consecutive Record-Breaking Earnings

Uganda recorded $221.6 million in coffee export earnings for August 2024, marking the third consecutive month of record-breaking revenue. Over the past three months, Uganda has generated $594 million from coffee exports. The Uganda Coffee Development Authority (UCDA) monthly report for August indicates that Uganda has once again achieved record-breaking earnings of $221.6 million (UGX […]

EAC Experts Unite for Regional Industrial Growth: Two-Day Meeting Kicks Off in Kampala

The East African Community (EAC) Multi Experts Working Group (MEWG) commenced a two-day meeting today, hosted by National Enterprise Corporation (NEC) through Luwero Industries under the leadership of Maj Gen Sabiiti Muzeyi. The meeting is chaired by Brig Gen Thiik Bol Giir, Defence Attaché at the Embassy of South Sudan in Uganda September 26th, 2024. […]

Finance Minister Kasaija Praises NSSF’s Stability, Announces 11.5% Interest Rate

Finance Minister Matia Kasaija praised the NSSF’s stability and growth, which saw the fund grow by 19.2% in the last financial year. At the NSSF Annual Members’ Meeting, an interest rate of 11.5% was declared, exceeding the average inflation rate. The Finance Minister, Hon. Matia Kasaija, expressed the Government’s satisfaction with the stability and growth […]

Uganda Airlines Expands Horizons, New Routes to Harare and Lusaka Launched

Uganda Airlines has launched scheduled services to Harare, Zimbabwe, and Lusaka, Zambia, starting September 25, 2024, with flights operating four times a week. CEO Jenifer Bamuturaki emphasized the cultural ties and the commitment to enhancing connectivity across the continent. Using CRJ 900-LRs, the new routes reduce travel times significantly and offer the most cost-effective travel […]

Equity Bank Urges SMEs to Embrace Tech-Driven Banking Solutions

Small and Medium Enterprises (SMEs) have been urged to take up more Equity Bank technology-based banking and financing solutions from to overcome disruptive business environment at the Sheraton Kampala yesterday 19th September 2024. Yesterday, September 19, 2024, at the Sheraton Kampala, Small and Medium Enterprises (SMEs) were urged to adopt more technology-based banking and finance […]