Kampala, Uganda | Julius Businge | A total of 4,000 farmers/people will benefit from Pearl Dairy Farms Limited’s new line of business, honey keeping/processing in the next four years. The company will plant a total of 20, 000 beehives at the farmers’ farms in addition to training them (farmers) on how …
Read More »UEDCL takes over Bundibugyo Electricity Generation Company
What lies ahead as government agency takes over electricity distribution in the Rwenzori territory Kampala, Uganda | JULIUS BUSINGE | Bundibugyo District and its neighbourhoods have had frequent electricity outages for many years, leaving Bundibugyo Energy Cooperative Society’s (BECS) staff running up and about to fix the problem. For that, …
Read More »MTN partners with IMG to provide telemedicine services
Kampala, Uganda | Julius Businge | MTN Uganda and International Medical Group and International Medical Center have signed a memorandum of understanding to provide digital health services across the country. Telemedicine is a situation where a medical doctor interacts or offers medical services to a patient through internet enabled devices like …
Read More »Fruits and vegetables exports jump to $45m
But dealers are crying for government support amidst COVID-19 crisis Kampala, Uganda | JULIUS BUSINGE | Uganda’s fruits and vegetable exports maintained a growth trend amidst the coronavirus pandemic in 2020, but dealers insist they are loss making and need tangible support from government. Latest data from Bank of Uganda …
Read More »Uganda’s Economy: No celebrations yet
Can government respond to private sector needs amidst pressures related to COVID-19? Kampala, Uganda | JULIUS BUSINGE | KK Foods, exporters of fresh foods and vegetables, enjoyed market opportunities in Europe, US and Canada until Covid-19 restrictions struck in March last year. Export volumes dropped from 63 tonnes to 40 …
Read More »UETCL boosts electricity supply to industries at Namanve
But manufacturers want power to come at cheaper price to enhance their competitiveness Kampala, Uganda | JULIUS BUSINGE | Industries operating within Kampala Industrial and Business Park, Namanve, are now receiving reliable, stable, quality and adequate electricity following Uganda Electricity Transmission Company Limited’s bold step to install 189MVA, 132/33kv Namanve …
Read More »Uganda Baati unveils new product on the market
This comes at the time construction activities are slow due to sluggish economic growth Kampala, Uganda | JULIUS BUSINGE | The construction sector seems to be picking up as coronavirus slows down, with the sector-players now rolling out new products to the market. Uganda Baati Limited, the maker of building …
Read More »Uganda maintains 10th spot in ABSA’s Africa Financial Markets Index
However, the financial services sector is not out of the woods yet Kampala, Uganda | JULIUS BUSINGE | Uganda has for the fourth consecutive year maintained the 10th position in the Absa Africa Financial Market Index 2020, signalling a stagnation in performance. The report, released by Absa Bank shows …
Read More »Umeme promises Gulu customers reliable power supply
Gulu, Uganda | JULIUS BUSINGE | Power distributor, Umeme has embarked on stakeholder engagement meetings across the country, starting with Northern Uganda to explain the company’s planned projects aimed at improving power reliability in the communities. The Gulu meetings were held last week. The main objective of the meetings was to inform …
Read More »Absa Bank unveils mobile solution for business clients
Kampala, Uganda | THE INDEPENDENT | Julius Businge | Absa Bank Uganda has today (Feb.15) launched Business Banking capabilities on their Mobile Banking App aimed at empowering business owners to perform multiple business-related transactions on their smartphones. Without having to visit a branch, users can approve transactions, view statements and complete …
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