National
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Nigeria to import Uganda’s milk and coffee
MBARARA CITY, September 21, 2024 — Uganda will soon begin exporting milk and coffee to Nigeria, Africa’s biggest economy With a GDP estimated at $477 billion in 2022. This was revealed recently…
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Minister calls for more investment in electricity sector
KAMPALA, September 20, 2024 — The Minister for Energy and Mineral Development, Ruth Nankabirwa has urged Members of Parliament to support more investment in last-mile electricity connections to support Uganda’s value addition…
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Finance Minister clarifies on access to GROW funds
KAMPALA, September 20, 2024 — The Minister of State for Finance, Planning and Economic Development [General Duties], Henry Musasizi has clarified that the women’s project, Generating Growth Opportunities and Productivity for Women…
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MPs irked by closure of Karuma Bridge
KAMPALA, September 18, 2024 — A group of Members of Parliament [MPs] from Northern Uganda have expressed their grievances over the closure of Karuma Bridge for three months by the Minister of…
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Among calls for increased citizen participation in budget processes
KAMPALA, September 17, 2024 — The Speaker of Parliament, Anita Among, has urged the African Network of Parliamentary Budget Offices to foster increased citizens participation in budget processes. Speaker Among made the…
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Hoteliers urge UDB to cut borrowing rate to single digit
KAMPALA, September 16, 2024 – Hoteliers and investors in Uganda’s hospitality sector are calling for a reduction in the borrowing rate charged on loans provided by the Uganda Development Bank [UDB], which…
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URA weighs SACCO tax refund
KAMPALA, September 13, 2024 – There is hope that an interminable tax dispute pitting local Savings and Credit Cooperative Organisations [SACCOs] against the Uganda Revenue Authority [URA] is approaching resolution. The dispute,…
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Interest rates stable as Uganda’s exports surge to US$ 7.5bln
KAMPALA, September 12, 2024 – Commercial bank lending rates for shilling-denominated credit in Uganda averaged 17.89 percent for the year ending June 2024, a decrease from the 18.56 percent average recorded in…
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GM Tumpeco explains scarcity of number plates
KAMPALA, September 12, 2024 – GM Tumpeco, Uganda’s leading manufacturer of vehicle number plates, has attributed the current scarcity of the materials to delays by the government. The company that partners with…
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New entity to oversee Uganda’s coffee and dairy sectors
KAMPALA, September 10, 2024 – As the government advances its agency rationalisation efforts, the Uganda Coffee Development Authority [UCDA] and the Dairy Development Authority [DDA], along with other agricultural semi-autonomous agencies in…
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