News
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Bee farmers advise govt to recruit more entomologists
LIRA – Bee farmers in the Lango sub region have urged the government to recruit more Entomology officers to train farmers on beekeeping as a business for income generation. Professional entomologists contribute…
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FBI warns US farm co-ops of cyber threats in planting and harvest seasons
US – Cyber attacks on agricultural co-ops are higher in the planting and harvest seasons, the FBI has warned. The US crime agency says ransomware actors will choose these crucial seasons because…
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UVCCL coffee deal: Investors want to mortgage govt land at Namanve
KAMPALA– Even though President Yoweri Museveni and NRM caucus Members of Parliament [MPs] have agreed to review the controversial coffee export deal signed between the government and Vinci Coffee Company Limited [UVCCL], the…
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Indian businessman killed in Kikuube lodge
KIKUUBE– Police in the Albertin region are investigating the circumstances under which an Indian businessman based in Hoima Municipality was murdered in Kikuube district by unknown suspects. The deceased, identified as Mike Sultan,…
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KCB suffers 58.3 percent fall in gross profit
KAMPALA– Kenya Commercial Bank [KCB] Uganda saw its gross profit plummet by 58.3 percent in 2021 to about Shs 12.3 billion from about Shs 19 bln recouped in 2020, its financial statements…
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Finance Trust Bank sees gross profit rise of 61.9 percent in 2021
KAMPALA– Finance Trust Bank has released a summary of financial statements for the year ended December 31, 2021, showing its profit before tax curve going up by 61.9 percent to about Shs 13.6…
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Masindi Municipality opens new market, residents to be given priority
MASINDI– Masindi district local government has opened a new market in Kirasa 1 cell in Central Masindi Municipality and will give residents a priority. The market was launched by Emmy Ngaburano, the…
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Oil companies ready to invest 10 billion dollars in oil and gas sector
HOIMA – Sarah Birungi Banage, the Head Corporate Affairs Uganda National Oil Company [UNOC] has explained that oil companies under their joint ventures Total Energies Uganda, China National Offshore Oil Corporation CNOOC…
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Grief engulfs country as three lionesses are electrocuted
RUBIRIZI– Tragedy hit staff at Queen Elizabeth National Park and the country at large after three lionesses died Tuesday morning as they encountered an electric fence of nearby Irungu hotel that hosts tourists.…
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Food and energy price shocks from Ukraine war could last for years
KAMPALA– The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices at historically high levels through…
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