Caesar Mukasa
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Agriculture
Inside government plans to boost food security
KAMPALA-Food insecurity is one of the major challenges Uganda is still grappling with, according to Uganda Food Security Outlook Report for June 2022 to January 2023. The report says season bimodal harvests…
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News
Resurgence of cattle rustling worries Karimojong
KAMPALA-The resurgence of cattle rustling in Karamoja is threatening the re-opening of schools in the region, according to Agago County Member of Parliament, David Lagen. Lagen raised the concern during the plenary…
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Cooperatives & Communities
BoU tasked to explain sale of Cooperative Bank assets
KAMPALA-The Office of the Solicitor General has asked the Bank of Uganda [ BoU ] to explain the process regarding the sale of assets belonging to the defunct Cooperative Bank established in…
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Environment
Lack of climate adaptation investment could cost emerging markets hundreds of billions by 2030
KAMPALA – Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets hundreds of billions in climate damages and lost GDP growth this decade, according to…
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Health
NMS seeks Shs 298bln to counter decline in donor funding
KAMPALA-The National Medical Stores [NMS] is seeking Shs 298 billion to offset the projected funding gaps arising from the declining donor funding. NMS General Manager, Moses Kamabare said that since donor agencies…
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Finance & Banking
Gov’t starts payment of Shs 2.5 trn matured securities
KAMPALA– Government is to pay Shs2.5 trillion to the Bank of Uganda [BoU)]in matured securities after its repayment was disrupted by the advent of COVID-19. The money is a domestic loan acquired…
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Finance & Banking
Commercial banks continue to raise lending rates
In line with the tight monetary policy stance, lending rates in Uganda have exhibited an upward trend with commercial banks raising their prime lending rates by one percentage point on average, according…
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News
Ugandan coffee ranked high as Museveni seeks to bolster European and American markets
KAMPALA – Ugandan coffee will soon find its way to the European Balkan States market following a concerted effort by President Yoweri Museveni to bolster Uganda’s trade links beyond Africa, a continent…
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Cooperatives & Communities
Mayuge RDC gives money lenders ultimatum to return clients’ IDs
MAYUGE – The deputy resident district commissioner Mayuge, Trevor Solomon Baleke has issued an ultimatum to all money lenders in the district to return all national identification cards [ IDs ] confiscated…
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