Report
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Agriculture
Let us work together, factory boss tells tea farmers
KABAROLE- Methuselah Kasukaali, the chairperson board of directors of Mpanga Growers’ Tea Factory has appealed to cooperate with the factory’s management, saying the good relationship will sustain the tea business. Kasukaali said…
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Cooperatives & Communities
MPs urge gov’t to give farmers electricity for value addition
HOIMA -The Parliamentary Committee on Agriculture has expressed concern about the value addition processing facilities, which were constructed by the government, but are not connected to the electricity grid, making it hard…
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News
Banks post 26.9 percent profit as sector remains resilient to potential shocks
KAMPALA– Year on year, commercial banks’ aggregate net profits after tax (NPAT) increased by 26.9 percent to Shs 1,073.9 billion in the year ending December 2021 from Shs 846.2bln in the previous…
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News
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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News
Police urge Lira investors to sue business partners over loss of Shs9b
LIRA – After losing produce worth Shs 9 billion to Oyam district based company, Agri-exim, the police have advised the Asian investors in Lira City to pursue civil remedies to recover their…
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Development
House urges gov’t to cancel illegal leases on Uganda Railways land
KAMPALA– Parliament’s Committee on Commissions Statutory Authority and State Enterprises (COSASE) has advised government to cancel illegal leases on Uganda Railway Corporation (URC) land with immediate effect since the right procedures were…
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News
Amuru district forms committee to scrutinise eviction of illegal herdsmen
AMURU – Following complaints that the security personnel in Amuru district ask errant herdsmen [Balalo] for bribes to protect them from eviction, the district council has formed an independent committee of councilors to…
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