Sectors
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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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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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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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Cooperators attend TUI’s Youth Leadership and Entrepreneurship Camp 2022, urged to create wealth
KAMPALA– About 40 youth from several cooperatives on the Coop360° Network are attending a four-day annual Kyoto Youth Leadership and Entrepreneurship Camp 2022, organised by The Uhuru Institute for Social Development [TUI].…
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Premier urges the public to plant palm trees to increase palm oil production
KABAROLE – The Ugandan Prime Minister Robbinah Nabbanja has urged the general public to plant more palm trees to increase on the production of palm oil in the country. Nabbanja said prices…
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Lira LC5 turns down minister’s letter to suspend land board
LIRA -The Lira district LC5 Chairperson, Richard Cox Okello Orik has turned down a directive by the Minister of Lands, Housing and Urban Development, Judith Nabakooba to suspend six members of the…
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Kiruhura farmers fear for their animals over invasion of African armyworms
MBARARA – African armyworms that have terribly affected districts of Bukedea, Luwero and Namutumba have so far crossed to western Uganda in Kiruhura district where the insects have eaten all the animal…
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Rwandan Sandra Uwera now global CEO of Fairtrade International
BONN – Fairtrade International, the global label for social justice and sustainability, has appointed Rwandan Sandra Uwera as its global Chief Executive Officer [CEO]. Ms Uwera succeeds Dr Nyagoy Nyong’o, who served as…
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Luo communities form coalition to fight poverty
GULU – The Luo speaking communities in the different parts of Uganda have formed a coalition to fight poverty and improve livelihoods of the vulnerable communities across the country. The coalition which…
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