Caesar Mukasa
-
News
Ministers asked to present statement on Entebbe Airport extortions
KAMPALA-The Ministers for Works and Internal Affairs have been directed to present a joint statement to the House on allegations of extortions taking place at Entebbe International Airport. The directive by Deputy…
Read More » -
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…
Read More » -
Environment
New initiative to help unlock US$ 3trn needed a year for climate and nature
DAVO-KLOSTERS-The World Economic Forum, supported by more than 45 partners today launched the Giving to Amplify Earth Action [GAEA], a global initiative to fund and grow new and existing public, private and…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
Cooperatives & Communities
Bukwo maize farmers aim at value addition
BUKWO – Maize farmers in Bukwo district are struggling to pool resources together to buy machinery that would enable them add value to their maize. The farmers under Kapsukwar Farmers’ SACCO, totaling…
Read More »