Latest data from the Petroleum Authority of Uganda shows that the country has a minimal emission rate of greenhouse gases, accounting for only 0.02% of global greenhouse gas emissions Kampala, Uganda | JULIUS BUSINGE | Uganda’s non-governmental organizations (NGOs) are advocating for sustainable oil and gas development to safeguard the environment, …
Read More »Museveni defends Uganda’s oil project ahead of COP 28 in Dubai
President said Africa should go to this high-level meeting with a common message on developing the continent’s energy needs Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni has advocated for a collective African voice at the upcoming climate change meeting in the United Arab Emirates, emphasizing the importance of articulating …
Read More »NSSF upgrades whistleblower portal to protect employees
This move is expected to increase compliance by 3% in the next few months as executives race to grow assets by Shs2tn towards 2025 Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund has upgraded its web-based whistleblower portal to enable members to report defaulting employers in a seamless …
Read More »Stanbic PMI: Companies report higher output due to rising customer demand
Kampala, Uganda | JULIUS BUSINGE | During October, Uganda’s private sector reported that improving customer demand fed through to increases in output and new orders, with employment and purchasing activity raised accordingly. However, higher building material and fuel costs added to inflationary pressures, in turn feeding through to an increase in …
Read More »Uganda urged to invest in mineral data to attract investments and create jobs
EU has recently supported the Directorate of Geological Survey and Mines (DGSM) with over Shs3 billion to conduct evaluations of iron ore prospects in Southwestern Uganda Kampala, Uganda | JULIUS BUSINGE | Stakeholders in Uganda’s mining sector have called on the government to make substantial investments in determining the quantities of …
Read More »Prudential Uganda, Red Cross to take 8000 boda boda riders through SAFE STEPS to road safety
Kampala, Uganda | JULIUS BUSINGE | Prudential Uganda, in partnership with Prudence Foundation and the Uganda Red Cross Society, has announced the return of the SAFE STEPS Road Safety Campaign in Uganda that is targeting to impact 8,000 boda boda riders. This campaign, which started in 2022, is focusses on …
Read More »Uganda Breweries Limited aims for 100% local agricultural sourcing by 2030
The company targets to increase farmer payouts from Shs52bn to Shs80 billion in the next 5 years Kampala, Uganda | JULIUS BUSINGE | Uganda Breweries Limited has unveiled ambitious plans to expand its Farm for Success program from the existing 35,000 farmers to a remarkable 50,000 farmers. This strategic move is …
Read More »Region’s capital market regulators seek expansion with inclusion of DRC and South Sudan
This would to foster the development of an integrated East African capital market to drive advocacy, innovation, capacity building, and harmonization of regulations and laws Kampala, Uganda | JULIUS BUSINGE | The East African Securities Regulatory Authorities (EASRA), comprising regulators from Uganda, Kenya, Rwanda, and Tanzania, have underscored the importance of …
Read More »President Museveni to grace the 30-year construction sector activities
The construction and infrastructure sector contribute significantly to Uganda’s Gross Domestic Product (GDP), accounting for 12% Kampala, Uganda | JULIUS BUSINGE | The Uganda National Association of Building and Civil Engineering Contractors (UNABCEC), in collaboration with the Ministry of Works and Transport, is set to commemorate three decades of excellence in …
Read More »Uganda achieves record coffee export revenues, generates $940.3 million
Pests and diseases, including root mealy bugs and coffee berry disease, remains a big challenge to the farmers Kampala, Uganda | JULIUS BUSINGE | Uganda has achieved a historic milestone in its coffee exports, generating an impressive $940.3 million in revenues for the 2022/2023 coffee year that concluded on September 30. …
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