Sectors
-
New cooperative policy: Indian states suggest FDI, age limit for board members
NEW DELHI -Allow foreign direct investment (FDI) in the cooperative sector, particularly in Primary Agricultural Cooperative Societies (PACS) to improve infrastructure; fix an upper age limit of 70 years for board members…
Read More » -
KCCA opens court to receive property rate cases
KAMPALA – Kampala Capital City Authority (KCCA) Council has approved a new Valuation Court. The court will be responsible for receiving complaints from the landlords aggrieved by the property tax valuations. Samuel…
Read More » -
Katakwi RDC directs police to arrest wetland encroachers
KATAKWI– The Katakwi Resident District Commissioner [RDC] Godfrey Katamba has directed the police to arrest and prosecute in courts of law people cultivating in wetlands. This comes as a section of members…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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,…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More »