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News
Tayebwa hails BoU decision to keep Anne Juuko as Stanbic Bank CEO
KAMPALA, April 3, 2024 – The Deputy Speaker of Parliament, Thomas Tayebwa has backed the position of the Bank of Uganda [BoU] to reject a foreign national nominated by the Standard Bank…
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News
Local political leaders to get 100 percent pay rise
KAMPALA, March 28, 2024 – Local government leaders will receive a 100 percent pay increment starting the next financial year, according to the Minister of Local Government, Rapheal Magyezi. Magyezi, who underscored…
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Cooperatives & Communities
WSACCO to hit Shs 1trn in assets by 2025, top official says
JINJA, March 27, 2024 – The Chief Executive Officer of UPDF’s Wazalendo Savings and Credit Cooperative Society [WSACCO], Col. Freddy Joseph Onata is confident they will hit a target of Shs 1…
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News
Africa’s wind power holds potential to light up the continent, says IFC report
KAMPALA, March 26, 2024 – Africa has enough wind resources to power its entire electricity demand 250 times over, according to a commissioned study by the World Bank’s International Finance Corporation. The…
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News
Commonwealth Secretary-General to visit Samoa and Tonga
LONDON, March 22, 2024 – The Commonwealth Secretary-General, Patricia Scotland KC, will embark on official visits to Samoa and the Kingdom of Tonga from March 25, 2024. In both countries, she will…
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News
Gorilla permits: UWA admits mistake in contracting firm
KAMPALA, March 19, 2024 – Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises [COSASE] yesterday quizzed officials from Uganda Wildlife Authority [UWA] over the gorilla permit system that was never delivered…
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News
Private sector credit dropped 0.7 percent in January 2024
KAMPALA, March 19, 2024 – The stock of outstanding private sector credit in Uganda reduced by 0.7 percent to Shs 21.54 trillion in January 2024, from Shs 21.70trn in December,2023, mainly explained…
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News
East African Petroleum Conference 2025 preparations commence as Uganda hands over to Tanzania
KAMPALA, March 18, 2024 – The stage is set for the 11th East African Petroleum Conference and Exhibition 2025 [EAPCE’25], scheduled to take place from March 5-7, 2025 in Tanzania. Organised by…
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News
MPs raise queries on land titles of project-affected persons
KAMPALA, March 15, 2024 – Members of Parliament on the Committee for Commissions, Statutory, Authority and State Enterprises [COSASE], have tasked Uganda National Roads Authority [UNRA] to expedite processing of land titles…
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News
Museveni pitches to Italian investors
ENTEBBE, March 15, 2024 – President Yoweri Museveni has urged Italian investors to come and invest in Uganda, saying the country offers many investment opportunities. “What we need from Europe is capital,…
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