National
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BoU appoints eight commercial banks as Primary Dealer Market Makers
KAMPALA, September 28, 2023 -The Bank of Uganda [BoU] has appointed eight commercial banks as Primary Dealer Market Makers [PDMM] effective October 1, 2023. According to Kenneth Egesa, Director Communications at BoU,…
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BoU awaits court decision on regulation of large SACCOs
KAMPALA, September 26, 2023 – The Bank of Uganda [BoU] will not continue with its plans to regulate large SACCOs until court rules on the case lodged by Uganda Cooperative Savings and…
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Oil and gas sector activities boost tax revenue in August 2023
KAMAPALA, September 22, 2023 – Tax revenue collections in August amounted to about Shs 1,990.91 billion, which was Shs 6.98 billion above the target, according to the Performance of the Economy Report…
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Uhuru, partners launch Coop360 Network Innovations Awards 2023
KAMPALA, September 21, 2023 – The Uhuru Institute for Social Development [TUI], a social business enterprise, in partnership with other stakeholders, has launched the Coop360 Network Innovations Awards 2023 in which deserving…
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Standard Chartered employees to access minimum 20-week parental leave benefit
KAMPALA, September 20, 2023 – Standard Chartered Bank recently announced the rollout of enhanced global parental leave benefits that will also benefit its employees in Uganda, effective September 1, 2023. According to…
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We have sunk Shs 2.3trn in PDM, says Kasaija
LIRA, September 19, 2023 – The Minister of Finance, Matia Kasaija has said the government is committed to the implementation of the Parish Development model [PDM] to help 3.5 million households in…
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Deo Nsereko, former Cooperative Bank boss and senior cooperator dead
KAMPALA, September 18, 2023 – The former board chairman of the defunct Cooperative Bank, Deo Nsereko is dead, according to Milly Babalanda, the Minister for the Presidency. According to Babalanda, Nsereko who…
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Uganda’s coffee exports surge in August 2023
KAMAPALA, September 18, 2023 – Uganda’s coffee exports in August 2023, the highest ever, hit 743,517 60-kilo bags, worth US$ 121.64 million, a rise of 48.19 percent and 70.73 percent in quantity…
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PDM money is being spent on marriages and household items, says Ofwono
KAMPALA, September 16, 2023 – Some of the Ugandans who received the money under the Parish Development Model [PDM] are spending it on marriages and household items like mattresses, and food, according…
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Gov’t signs historic charter with RUFORUM
KAMPALA, September 12, 2023 – In a momentous development for the agricultural sector in Uganda, the Government of Uganda recently signed the Regional Universities Forum for Capacity Building in Agriculture [ RUFORUM…
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