Market Information
latest market news and reviews
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Govt to set seasonal harvesting date as farmers decry vanilla theft
RUBIRIZI – The Ministry of Agriculture, Animal Industry and Fisheries [MAAIF] is traversing the country consulting farmers and making assessments to ensure uniform harvest of vanilla beans. According to Sedrack Mugisha, Chairperson Rubirizi…
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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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Post Bank posts 15.8 percent growth in gross profit
KAMPALA – As Post Bank continues to celebrate the milestone of getting a Tier One License from Bank of Uganda [BoU] to operate as a fully-fledged commercial bank, latest financial statistics show the…
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Kenyan coffee farmers fetch Kshs 105.1 million
KERICHO – 9582 smallholder coffee farmers under Kipkelion District Co-operative Union Ltd (KDCU) in Kericho days ago received payment amounting to Kshs 105.1 million for the sale of 134.4 metric tonnes of…
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Energy Association opposes increased funding for ERA
KAMPALA – The Energy Generators and Distributors Association of Uganda has rejected a proposal to increase funding to the Electricity Regulatory Authority (ERA) from 0.3% to 0.7% of the electricity sold. The…
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DFCU’s pre-tax profits fall by 67.8% in 2021
KAMPALA – Business for DFCU was mild last year as the institution’s gross profits curve fell by a hefty 67.8%, blamed on rolling lockdowns brought on by the global pandemic. In a…
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UNDP, KOICA launch construction of three markets in refugee hosting districts
ADJUMANI – The United Nations Development Programme [UNDP] in partnership with the Korean International Cooperation Agency-KOICA launched the construction of markets in each of the three refugee hosting districts in Northern Uganda. The…
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Lira based Indian investor losses sunflower worth Shs100m
LIRA – An Indian investor in Lira City has lost 54 tons of sunflower seeds worth Shs100m to suspected thieves. The grains according to sources, started disappearing in January but the proprietor…
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Putting Principle Six in action makes co-ops thrive
US -The sixth cooperative principle (Cooperation amongst cooperatives) provides cooperatives a crucial advantage, enabling them to work together on joint projects, lower costs and exchange knowledge. This is the case at the…
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UNBS launches standard to facilitate commercialisation of edible insects
KAMPALA -Ugandans who enjoy eating edible insects like grasshoppers (Nsenene) now stand a better chance of enjoying better quality as a standard of safe production, handling and consumption has been released by…
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