Trending Stories

  • Uganda’s Coffee Revival: New Bill Brews Hope for Farmers

    Uganda’s Coffee Revival: New Bill Brews Hope for Farmers0

    In a landmark move, Uganda’s Parliament has passed the National Coffee (Amendment) Bill, 2024, aimed at revitalizing the country’s coffee industry. This development has injected new optimism among coffee farmers, processors, and exporters. Uganda is Africa’s second-largest coffee producer, with over 1.7 million households relying on coffee as their primary source of income. However, the

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  • Uganda’s Finance Ministry Absorbs Three Agencies

    Uganda’s Finance Ministry Absorbs Three Agencies0

    • NEWS
    • November 11, 2024

    In a move aimed at streamlining government operations and enhancing efficiency, Uganda’s Finance Ministry has absorbed three key agencies: the Uganda Microfinance Regulatory Authority (UMRA), the Privatization Unit, and the Non-Performing Assets Recovery Trust. This consolidation, announced in August 2024, marks a significant shift in the country’s financial landscape. Established in the early 2000s, UMRA

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