Browsing by Author "Nakaweesi, Dorothy"

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    10 years later, SchoolPay ends long banking queues.
    (Daily Monitor, 2026-03-10) Nakaweesi, Dorothy
    Over the past decade, SchoolPay has steadily grown to simplify the lives of millions of parents, students, and schools across Africa. This reflects our commitment to improving lives through universal financial inclusion.
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    $300m bet : will URC this time deliver the long-promised railways revival?
    (Daily Monitor, 2026-04-30) Nakaweesi, Dorothy
    For decades Uganda's railway system has stood as a quiet reminder of missed opportunity tracks disappearing under encroachment, locomotives rusting in yards and freight that once moved efficiently by rail diverted to trucks grinding down highways.
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    Africa loses revenue in poor border procedures- report.
    (Daily Monitor, 2017-10-03) Nakaweesi, Dorothy
    Revenue losses from inefficient border procedures in some African countries are estimated to exceed 5 per cent of the Gross Domestic product. According to the 2013 Organisation for Economic Cooperation and Development (OECD) study, reducing global trade costs by 1 per cent would increase worldwide income by more than $40 billion (shs144 trillion), with developing countries being the biggest beneficiaries.
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    Borrow and protect works: Why business formalisation is rising
    (Daily Monitor, 2026-02-20) Nakaweesi, Dorothy
    The economy is recalibrating, and data from Uganda Registration Services Bureau (URSB) suggest the change is happening on multiple fronts. The URSB Annual Report 2024/25 shows a sharp rise in borrowing, explosive growth in creative sector registrations, a surge in copyright filings, and, at the same time, a slowdown in small business name registrations and foreign trademark applications. The data tells a story of an economy that is becoming more formal and credit-driven, but also placing pressure on smaller enterprises.
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    BoU signs contracts with two companies to supply gold.
    (Daily Monitor, 2026-04-08) Nakaweesi, Dorothy
    The Bank of Uganda (BoU) has finalised the signing of contracts with two companies, EuroGold Refinery Ltd and Feldstein Trading Limited, to start supplying gold.
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    Bou to purchase gold worth Shs574b between March and June
    (Daily Monitor, 2026-02-26) Nakaweesi, Dorothy
    Bank of Uganda (BoU) will purchase at least 100 kilogrammes of gold between March and June this year, valued at approximately $160m (shs547.1b).
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    Brazil coffee volumes fall, Africa expected to fill gap.
    (Daily Monitor, 2018-05-15) Nakaweesi, Dorothy
    Increasing coffee production in Africa and other countries will offset the declining output from Brazil, the World's leading producer. Report says, the deficit left by Brazil is likely to be offset by coffee exports from other regions, especially Africa.
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    Brazil's low yields push up coffee price
    (Daily Monitor, 2017-08-15) Nakaweesi, Dorothy
    Brazil's low yields for its 2017/18 crop have pushed up global coffee prices, allowing producer countries like Uganda to enjoy the harvest.
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    Business leaders want EAC governments to own digital tax stamp systems
    (Daily Monitor, 2026-02-27) Nakaweesi, Dorothy
    Business leaders under the East African Business Council (EABC) have called on East African Community (EAC) governments to rethink the structure and management of digital tax stamp systems across the region.
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    Businesses face tougher penalties over EFRIS.
    (Daily Monitor, 2026-04-28) Nakaweesi, Dorothy
    Businesses that fail to use an electronic fiscal device or issue e-receipts will attract a penalty of double tax or Shs200,000.
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    Buy local, hold global, BoU’s three-year gold test begins.
    (Daily Monitor, 2026-04-22) Nakaweesi, Dorothy
    The Bank of Uganda has begun buying gold dug from Ugandan soil and plans to stack it alongside dollars, euros and Treasury bills as part of the country’s official foreign exchange reserves. This is the first time Uganda will systematically convert domestically mined bullion into a sovereign reserve asset, shifting part of the national safety net from paper issued abroad to metal produced at home.
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    China’s strong, but falling role in Uganda’s public debt space
    (Daily Monitor, 2026-02-18) Nakaweesi, Dorothy
    The growing debt burden is drawing renewed attention to the role of China as one of Uganda's key debt sources. The Ministry of Finance’s Debt Sustainability Analysis for 2024/25 indicates that public debt rose from $25.59b (8hs94.8 trillion) in June 2024 to $32.24b (Shs115 8 trillion) in June 2025, with the share of debt to gross domestic product rising to 50.9 percent. This places Uganda at the upper edge of the East African Monetary Union’s 50 percent convergence benchmark. While the report maintains that the overall risk of debt distress remains “moderate”, it highlights mounting fiscal pressures and vulnerabilities.
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    Coffee prices hit four-month high.
    (Daily Monitor, 2017-09-19) Nakaweesi, Dorothy
    Global coffee prices have climbed to a four-month high rallying at above 135 cents of a dollar it last traded in June. This is good news for producing countries including Uganda whole production has increased to take advantage of the price shift.
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    Could life insurance be the next thing?
    (Daily Monitor, 2026-04-13) Nakaweesi, Dorothy
    For years, non-life insurance looked like the steady giant of the market. As of December 2023, it held 58.37 percent of total industry premiums, with gross written premiums of about Shs934.49b. For years, non-life insurance looked like the steady giant of the market.
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    Dried fruits, vegetables can earn you money.
    (Daily Monitor, 2017-10-03) Nakaweesi, Dorothy
    Have you ever thought about the plentiful fruits and vegetables you throw during the peak season? These fruits can be dried to earn you an income. This article shows how you can make money by drying fruits such as pineapple, apples, bananas, papaya and mangoes which are largely grown in Uganda.
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    EAC leaders to discuss vehicle assembly plan.
    (Daily Monitor, 2016-02-29) Nakaweesi, Dorothy
    East African heads of State will this meet in Arusha to draw a master plan that will see the regional bloc start a vehicle assembling strategy. The plan seeks to scale down on the bloc's import bill, especially spent on the importation of second-hand vehicles.
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    Electricity exports rise 34 percent to Shs267b.
    (Daily Monitor, 2026-04-13) Nakaweesi, Dorothy
    Uganda's electricity sector is sizzling with growth, with export earnings jumping 34 percent to $72m(shs267b) in a remarkable display of the country's power potential.
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    Export-led growth is reshaping real estate investment decisions
    (Daily Monitor, 2026-02-27) Nakaweesi, Dorothy
    Uganda has experienced one of the most solid growth periods in over five years since the Covid-19 episodes. The country entered 2026 on the back of strong macro fundamentals in 2025, in which the economy grew by 6.3 percent, inflation eased to 3.1 percent, and $2.37b balance payments surplus, the highest on over 15 years.
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    Exporting fruits is profitable.
    (Daily Monitor, 2018-04-03) Nakaweesi, Dorothy
    The global organic food and beverages market is expected to reach shs 1,020 trillion by 2022. You can be part of those that will earn from the market by starting a fruit export business.
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    Foreign investors importing inputs instead of local sourcing – govt report
    (Daily Monitor, 2026-05-18) Nakaweesi, Dorothy
    A report by the Ministry of Finance's Tax Policy Department reveals that while Uganda’s generous tax holidays are helping some foreign investors expand rapidly, many beneficiary firms still rely heavily on imported machinery and intermediate goods rather than buying from Ugandan suppliers.