Soroti, Uganda | THE INDEPENDENT | Cassava farmers in Teso are facing a dire situation as prices for their produce have plummeted in the region. This crisis is exacerbated by diseases affecting cassava crops, leading to rotting and further diminishing market value. Augustine Akutu, a renowned farmer and Chairperson of Businessmen …
Read More »Tomato, fresh leaf vegetable prices increase Uganda’s inflation rate
Kampala, Uganda | THE INDEPENDENT | Uganda’s increased headline inflation rate has been attributed to the soaring prices of fresh leaves vegetables and tomatoes. This is according to the Uganda Bureau of Statistics (UBOS) Consumer Price Index (CPI) report for the last 12 months ending May 2024. The report shows that …
Read More »With better performance, prices, Chinese electric cars sell better than U.S. ones: FT
LONDON | Xinhua | Chinese electric cars sell better than U.S. “inferior” ones due to their better performance and affordability, the Financial Times reported, citing the head of a global battery material producer. Chinese vehicles are “simply good cars and people buy them,” Mathias Miedreich, CEO of Umicore headquartered in …
Read More »Busoga premier asks Museveni to ensure stability of sugarcane prices
Jinja, Uganda | THE INDEPENDENT | The Prime Minister of Busoga Kingdom, Joseph Muvawala, who also serves as the Executive Director of the National Planning Authority-NPA, has urged President Yoweri Museveni to take a personal role in ensuring the stability of sugarcane prices, thereby enabling farmers to realize meaningful profits. Addressing …
Read More »MultiChoice cuts decoder prices
Kampala, Uganda | THE INDEPENDENT | MultiChoice Uganda has reduced the price of the DStv decoder- only from Shs95,000 to an unbeatable Shs69,000. This special promotion is valid until March 31, 2024, providing an unparalleled opportunity for individuals and families to enjoy the world-class content offered by DStv. The limited-time offer …
Read More »Sugarcane prices to stablise according to the newly tabled sugar amendment act
Jinja, Uganda | THE INDEPENDENT | The Minister of state for trade, industry and cooperatives, David Bahati has assured farmers of stable prices in the newly tabled sugar amendment act. While addressing journalists in Jinja city on Saturday, Bahati says the existing sugar act had depicted sugarcane prices to be dependent …
Read More »Trade ministry on the spot over plummeting West Nile cotton prices
Kampala, Uganda | THE INDEPENDENT | According to Isaac Otimgiw (NRM, Padyere County), the Cotton Development Organisation (CDO) set the purchasing price for a kilogramme of cotton at Shs2,300 as per the 2023 season, however, it is not being adhered to. “In Nebbi District, farmers are being offered prices as low …
Read More »Sugar, onions and maize flour prices slow down Uganda inflation
Kampala, Uganda | THE INDEPENDENT | Uganda’s year-on-year average inflation rates have steadily decreased, with the reduced price increments of onions, maize flour, and sugar over the past 12 months, ending in October 2023. According to the latest report released by the Uganda Bureau of Statistics (UBOS), the average inflation …
Read More »Fuel prices rise to a new high of sh5,400
Kampala, Uganda | THE INDEPENDENT | Fuel Prices at pump stations around Kampala hit the highest levels since November 2022 on Monday, as the local industry blamed the development on global factors. Prices have been rising since early August, reversing the one-year trend that had seen a liter of Petrol …
Read More »Oil companies protest hiked food prices in Bunyoro
An egg is sold between shillings 300 and 500 in Kampala but some suppliers in Bunyoro region want to sell an egg to the oil companies at between shillings 1,000 and 1,500 Kampala, Uganda | THE INDEPENDENT | Companies working to develop oil and gas in the Albertine region are …
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