Simon Kabayo
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News
UEDCL to spend over Shs 40 billion in nine months after UMEME exit
KAMPALA, April 18, 2025 — The Uganda Electricity Distribution Company Limited [ UEDCL ] will utilise up to Shs 43.3 billion over the next nine months to fund its operations, marking a…
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Parliament finally passes Sugarcane Bill
KAMPALA, April 16, 2025 –– Parliament has passed the Sugarcane [Amendment] Bill, 2023 providing for self-regulation of the sugarcane industry by a stakeholder council. The Sugarcane [Amendment] Bill, 2023 was passed during…
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Karamoja farmers empowered with 55 walking tractors to boost food production
WAKISO, April 16, 2025 –– Farmers from Uganda’s Karamoja Sub-region have received a significant boost after the Food and Agriculture Organization [FAO)]of the United Nations, in partnership with the Ministry of Agriculture,…
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Absa Bank Uganda earns Shs 546bln revenue in 2024
KAMPALA, April 15, 2025 –– Absa Bank Uganda has posted a robust set of financial results for the year ended December 31, 2024, with profit after tax rising by 22 percent to…
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EAGC launches farmer-owned G-Hubs to boost grain trade in East Africa
MUKONO, April 14, 2025 – The Eastern Africa Grain Council [EAGC] has launched farmer-owned and operated Grain Trade Business Hubs [ G-Hubs ], an innovative initiative aimed at transforming grain commerce for…
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Traceability of Ugandan migrant workers to improve, says Gender Ministry
KAMPALA, April 13, 2025 –– Traceability of Ugandan migrant workers in the Middle East is expected to improve following the establishment of a data base to track them, according to the Ministry…
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Gov’t to clear Shs 13.8 trillion domestic debt in 12 years
KAMPALA, April 10, 2025 — A report of Parliament’s Committee on Finance, Planning and Economic Development indicates that it will take government 12 years to be to clear domestic arrears of over Shs…
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Finance Ministry releases over Shs 500bln for PDM
KAMPALA, April 9, 2025 — The Ministry of Finance, Planning and Economic Development [MOFPED] has released Shs 529 billion for the Parish Development Model [PDM], taking a big step in Uganda’s wealth…
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MPs call for compensation of cooperatives for war loss
KAMPALA, April 8, 2025 –– Members of Parliament [MPs] recently expressed dissatisfaction over the lack of budgetary allocation and delay in compensation of cooperative societies and unions for the losses suffered during…
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Uganda, Ethiopia push Africa’s coffee exports up 20 percent
KAMPALA, April 7, 2025 — Exports of all forms of coffee from Africa increased by 20.6 percent in February 2025 to 1.33 million bags from 1.1 million bags in February 2024, according…
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