Thursday , November 14 2024

Business

Business news

Uganda lost Sh25 billion to vandalism, power theft in 2020

Gulu, Uganda | THE INDEPENDENT |  Government through the Uganda Electricity Distribution Company Limited -UEDCL made a loss of sh25.5billion in 2019/2020 financial year due to vandalism and power theft.  UEDCL operates various businesses like leasing out electricity distribution infrastructure to UMEME, electricity pole plant operations and electricity distribution in eight …

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“Toxi-Scrub”, a solution for Uganda’s aflatoxin problem

Kampala, Uganda | THE INDEPENDENT |  A Danish-based biochemical company, Eye-Grain ApS has developed a solution that is aimed at removing aflatoxins and related toxins from maize and other grain in Uganda.  Aflatoxins result from moulding on grain caused by poor storage of foodstuffs in warm and humid conditions, and to …

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DRC militiamen abduct 16 Ugandan fishermen in Hoima

Hoima, Uganda | THE INDEPENDENT |  Suspected Congolese Militiamen have raided the Lake Albert waters yet again, abducting 16 Ugandan Fishermen. The militiamen also robbed four fishing boats, four boat engines and several sets of fishing nets from the fishermen. The attack occurred on Sunday near the Kaiso landing site in …

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Flipflopi plastic boat expedition excites Jinja residents

Jinja, Uganda |  THE INDEPENDENT  |  Dozens of residents have thronged the Jinja city based sailing club beach to view the 100% plastic made dhow called the Flipflopi. The Kenyan made plastic dhow is being showcased on selected beaches across Lake Victoria in the countries of Kenya, Tanzania and Uganda with …

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Kanungu solar irrigation scheme repaired after media exposure

Kanungu, Uganda |THE INDEPENDENT |  The Water and Environment Ministry has repaired the Ntungwa river solar irrigation scheme in Kanungu district a few days after URN reported about it. The solar irrigation scheme, which commissioned in January 2019, is found in Kameme village in Kibimbiri parish in Kihihi sub-county.   It was built …

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SEATINI suggests ways of improving Uganda-Kenya trade relations

Kampala,, Uganda | Julius Businge  |  As players in maize trading between Uganda and Kenya workout modalities for improving trade relations, questions remain on whether authorities can walk-the talk.    On March 11, Kenya announced the lifting of a ban on imports of maize grain from Uganda and Tanzania with strict …

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Gov’t faulted as Ugandan farmers battle food export bans

Kampala, Uganda |  THE INDEPENDENT  | Maize farmers have blamed the government for the current trade standoff between Uganda and the export markets, over alleged poor quality.  The farmers say that the government has either mishandled or neglected its mandate in the value chain, which has seen the food production, processing …

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