Fish prices double in the Bunyoro sub-region

Fish prices double in the Bunyoro sub-region

Reports conducted by a reliable source indicated that fish prices have doubled in the Bunyoro sub region. In the districts of Buliisa, Masindi, Hoima, Kikube and Kagadi, small fish that was initially at 3,500 shillings is now being sold at 7,000 shillings while the biggest size that was at 10,000 shillings is now at 20,000 shillings for Tilapia fish. Tilapia…

Minister Vincent Ssempijja credits the private sector for its contribution towards the development of the country

Minister Vincent Ssempijja

Minister of Agriculture, Animal Industry, and Fisheries Vincent Ssempijja has credited the private sector for its contribution towards the development of the country especially oil palm growing on Buvuma Island. He made these remarks while launching the oil palm growing on Buvuma island which he believes has greatly been facilitated by the private sector. Vincent Ssempijja further said the extension…

City tycoon Hamis Kiggundu refutes Courts’ UGX 120 billion decision

Hamis Kiggundu

City tycoon Hamis Kiggundu has appealed against the Court of Appeals’ decision to cancel the refund of more than 120 billion shillings to him. Earlier on, the commercial court had ordered Diamond Trust Bank Uganda and Kenya to refund more than 120 billion shillings to Ugandan businessman Hamis Kiggundu. However, this decision was nullified by the court of appeal. The…

City arcade traders afraid of President Museveni swearing-in related protests

City arcade traders afraid of President Museveni swearing-in related protests

City arcade traders are afraid of the possible impact of President Museveni swearing in related protests on their businesses. The head of state President Yoweri Kaguta Museveni is set to swear in on Wednesday the 12th of this month for his sixth term at the Kololo independence grounds. However, many Opposition parties threaten to sabotage the event since the National…

UTB chairperson encourages entrepreneurs to think out of the box

UTB chairperson encourages entrepreneurs to think out of the box

Uganda Tourism Board (UTB) chairperson Daudi Migereko has encouraged entrepreneurs to get out of their comfort zones, and adapt to new means so as to recover from the impacts of the COVID-19 pandemic. Due to the pandemic, the business can not flow as usual hence entrepreneurs must think out of the box so as to adapt to online means of…

New industries bounced over failure to meet provisions of the law

New industries bounced over failure to meet provisions of the law

Mr. Herbert Lutwama, the Mukono District Engineer says the only way through which new industries and projects can attain a working license is by adhering to the necessary laws and guidelines. This comes after multiple investor proposals have been rejected  by district officials even after they believed to have presented the required qualifications to get into business. Due to pressure…

The Battle Continues as court trashed ruling in Hamis Kiggundu Vs DTB case

Hamis Kiggundu

The battle is far from over as the Court of Appeal has of today nullified a ruling that was earlier on made in regards to the Hamis Kiggundu, Diamond Trust Bank (DTB) case last year. According to the ruling by Justice Henry Peter Adonyo last October, the bank had violated the Financial Act of 2003 resulting in his judgment that…

Why Uganda suspended flights To and From India

Why Uganda suspended flights To and From India

The Ugandan government has with immediate effect terminated flights between Uganda and India due to the latest Covid-19 variant that has crippled India. Minister of Health, Jane Ruth Aceng recently passed the announcement and said that the rush decision was made with an aim of ensuring that citizens of Uganda are protected from being exposed to the new variant. “No…

President Museveni – Uganda has the capacity to employ up to 70 million citizens

President Museveni - Uganda has the capacity to employ up to 70 million citizens

While commemorating the International Labour Day, President Museveni said Uganda has the capacity to create over seventy million jobs as long as we embrace the idea of commercialized agriculture. He further encouraged Ugandans to pay attention to NRM’s principle of socio-economic transformation as it has all the key solutions to our current predicament. “We are going to create the jobs;…

Business almost back to normal in Kenya

Business almost back to normal in Kenya

President Uhuru Kenyatta during his labor day speech eased down on the Covid-19 related restrictions that he instated in March in a bid to cut down on the growing number of people suffering from coronavirus. This, therefore, has brought a cute smile to business owners in Kenya. Machakos, Nairobi, Kajiado, Kiambu, and Nakuru counties which were initially under total lockdown…

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