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Uganda Clays marks 20 years on stock market

The company plans to rely on innovation to come up with new products Kampala, Uganda | JULIUS BUSINGE | Uganda Clays Limited, a clay building materials manufacturer located at Kajjansi, approximately 20kilometres from Kampala City Centre, along Entebbe Road, celebrated its 20 years of trading at the Nakawa based bourse …

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Majid Al Futtaim opens Carrefour store in Kampala

This development will stir competition in the country’s retail business Kampala, Uganda | ISAAC KHISA | Carrefour franchisee in the Middle East, Asia and Africa, Majid Al-Futtaim, has opened a store in Kampala, stepping up competition for shoppers in the country’s lucrative and less developed retail chain industry. Majid Al-Futtaim, …

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Farmers want UCDA to stop distribution of coffee seedlings

Luweero, Uganda  | THE INDEPENDENT |  Farmers and local leaders in Luweero district have asked Uganda Coffee Development Authority to distributing coffee seedlings and prioritise other farm inputs so as to boost production. This follows a value for money audit report on production and productivity of the coffee sub sector for …

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Budget committee summons Mutebile over BOU recapitalisation

Kampala, Uganda | THE INDEPENDENT  |  The Central Bank Governor, Prof.  Emmanuel Tumusiime Mutebile is expected to appear before the Budget Committee of parliament today to explain their persistent requests for recapitalisation. The central bank has been pushing for recapitalisation for the past three financial years.  According to the 202/2021 financial year …

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Lato milk row; Museveni opposes vengeance against Kenya

Kampala, Uganda | THE INDEPENDENT  |  President Yoweri Museveni has opposed plans by some of his officials to reiterate against Kenya for confiscating Lato Milk, a Ugandan brand, produced by Mbarara-based Pearl Dairies Limited.   His position comes at the height of a trade war between the two countries, following the confiscation …

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Kigezi region farmers stuck as milk prices drop

Kigezi, Uganda | THE INDEPENDENT  |  Dairy Farmers in Kabale and Rubanda districts are stranded following a drop of milk prices.  The price of milk has dropped to 600 Shillings from between 1,300 and 14,00 Shillings per liter at major dairies across the Kigezi region. The farm gate price of milk …

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Nwoya district auctions 300 bags of impounded charcoal

Nwoya, Uganda | THE INDEPENDENT  |  More than 300 bags of impounded charcoal have been auctioned in Nwoya district. The auctioned charcoal was impounded from various places within the district about two weeks ago.  Nwoya District Chairperson Patrick Okello Oryema told URN that each charcoal bag was sold between 10,000 and …

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