Business

With climate models predicting a dramatic drop in the availability of coffee as temperatures rise, farmers are preparing themselves for an uncertain future | JACK DUTTON | On Mount Elgon, an extinct volcano on the Ugandan-Kenyan border, Kenneth Barigye grows Arabica beans on his coffee farms. He also grows them …

Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s National Social Security Fund plans to unveil the first 550 housing units at its Temangalo housing project for sale in 2024 as it seeks to tap into the growing demand for accommodation in the Kampala Metropolitan Area. NSSF Managing Director Richard Byarugaba said …

  Kampala, Uganda | THE INDEPENDENT |  Today, Housing Finance Bank officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go” at Mestil Hotel and Residences, Kampala. The online portal, which is housed on the Bank’s website allows customers to buy Treasury Bills and Bonds from …

Cane shortage amidst increased exports complicates the equation for local consumption Kampala, Ugnada | JULIUS BUSINGE | Local sugar consumers should brace themselves for further increases in price for the sweet commodity owing to a fall in production volumes amidst an increase in export volumes, according to industry players and …

COMMENT | Lydia Mirembe | There was a time when the retirement benefits sector in Uganda was defined by gross mismanagement, lack of transparency and accountability, outright corruption and brazen embezzlement of savers’ money. The establishment of a Sector Regulator since 2011, has provided a foundation for continued improvement in scheme …

Mbarara, Uganda | THE INDEPENDENT | Mbarara University of Science and Technology has developed a new organic fertilizer. The Organic Fertilizer, I-Soft Organic Fertilizer was innovated and developed by students of the Faculty of Agriculture and Livelihood in collaboration with the Mbarara Grapes Farmers Association, and Mbarara Agricultural Research Development …

New York, US | THE INDEPENDENT | The Ugandan government has taken the fight about the construction of the East African Crude Oil Pipeline-EACOP to the United Nations following last week’s resolution by the European Union-EU parliament. Vice President Jessica Alupo who represented President Museveni at the UN General Assembly …

Africa’s two wealthiest cities are in South Africa. Johannesburg is the wealthiest, with a total private wealth of US$239 billion, while Cape Town in second place has a total private wealth of US$131 billion Nairobi, Kenya | BIRD | Africa’s stock of private wealth is forecast to jump 38 per …

New York, US | Xinhua |  Botswana should diversify its economy to reduce its heavy dependence on diamonds, President Mokgweetsi Masisi on Thursday told world leaders attending the general debate of the 77th session of the UN General Assembly. Botswana is facing “an uphill battle” to attract investors to diversify …

Masaka, Uganda | THE INDEPENDENT | Over 328 million Shillings have been recovered through the Small Claims Procedure conducted by grade one Magistrate courts in Masaka over the last year. Mastulah Mulondo, the Chief Registrar in Charge of Small Claim Procured in the Judiciary, said that the money had been …