News
-
EAC boss to concentrate on regional trade and peace next year
ARUSHA– Deepening economic integration, strengthening regional peace and security mechanisms, and implementing the road map for the attainment of the East African Community [ EAC ] Monetary Union are some of Dr.…
Read More » -
BoU raises CBR to 7.5 percent in June
KAMPALA– The current global inflationary pressures have forced the Bank of Uganda [BoU] to raise the Central Bank Rate [ CBR ] by 1 percentage point to 7.5 percent, from 6.5 percent…
Read More » -
Agago coops to benefit from white sorghum pilot project
AGAGO– Five cooperative societies in Agago district are to be supported to grow white sorghum as the second season sets in. This is after Uganda Breweries Limited said it would buy the…
Read More » -
South Sudanese refugees establish own Sacco
LAMWO– After failing to access loans from commercial banks and other financial institutions, South Sudanese refugees in Lamwo Refugee Settlement have decided to form their own Paluda Farmers’ Sacco to serve them…
Read More » -
Kabarole district approves Shs 27.7bln budget for next financial year
KABAROLE – Kabarole district council has approved a budget of Shs 27.7 billion for the financial year 2022/23, with education taking the biggest share of Shs 8.5bln. The education sector is closely…
Read More » -
Amuru district approves Shs 28bln budget for financial 2022/23
AMURU– Amuru district council on Tuesday approved Shs 28 billion budget for the financial year 2022/23, an increase from Shs 24bln earmarked in the current financial year 2021/22. The district’s next financial…
Read More » -
Global coffee exports decline in April 2022
KAMPALA– Global exports of green beans in April 2022 totalled 9.86 million bags, compared with 10.16mln bags in the same month of the previous year, according to International Coffee Organization [ICO]. ICO…
Read More » -
UPDF, FARDC commanders meet in Fort Portal to review Operation Shujja
FORT PORTAL– Commanders of Uganda People’s Defence Forces [ UPDF ] and their counterparts of the Armed Forces of DR Congo [FARDC] have met in Fort Portal to review the progress of…
Read More » -
Gulu City to spend 50.6 percent of 2022/23 budget on roads
GULU– Gulu City Council has approved a budget of Shs 48.7 billion for the financial year 2022/2023, with Shs 24.6bln or 50.6 percent of the total budget going to the construction of…
Read More » -
Soroti district proposes to spend Shs 32.5bln in financial year 2022/2023
SOROTI– Soroti district council has approved a budget of Shs 32.5 billion to run the district for the financial year 2022/2023, up from Shs 32 bln in the financial year 2021/2022. In…
Read More »