National
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Wetlands disappearing three times faster than before due to population growth
SOROTI– Wetlands, amongst the world’s most economically valuable ecosystems and essential regulators of the global climate, are disappearing three times faster than forests, experts have warned. Wetlands include some of the most…
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MPs, minister clash over proposal to extend tax holiday for power company
KAMPALA – Parliament’s Committee on Finance, Planning and Economic Development, has started understudying the new Tax Bills for the Financial Year 2022/2023, with the legislators questioning government’s proposal to exempt Bujagali Power…
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BoU boss commends Kabarole district on commercial agriculture
KAMPALA– The Deputy Governor of the Bank of Uganda [BoU] Dr. Michael Atingi-Ego has lauded the people of Kabarole district for engaging in commercial agriculture, emphasising the role the sector plays in the…
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Government earmarks Shs500m for compensation in wildlife conservation areas
MASINDI– The government of Uganda through Uganda Wildlife Authority [UWA] has earmarked Shs500 million for compensation of people in the wildlife conservation areas of Murchison Falls National Park. The wildlife compensation scheme…
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NSSF total assets shoot up 15.3 percent in March 2022
KAMPALA– The National Social Security Fund [NSSF] issued a transparency statement showing that its total assets as at March 31, 2022 increased by 15.3 percent to about Shs 16.86 trillion from Shs…
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Muslims in Uganda urged to form SACCOs
KAMPALA– Muslims in Uganda have been advised to form Saving and Credit Cooperatives [SACCOs] if they are to benefit from government’s poverty eradication programmes such as Emyooga and Parish Development Model [PDM].…
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Revenue share to local governments from Murchison Falls National Park declines
MASINDI– The government through Uganda Wildlife Authority [[UWA] has resumed remitting money to districts that host Murchison Falls National Park as a share of the revenue generated from tourists that come to…
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Lira receives Shs1b for PDM SACCOs
LIRA – The Lira district Commercial Officer, Santos Olade has cautioned people planning to mismanage the government’s programme of Parish Development Model [PDM] saying whoever is found will not be spared. He says,…
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Govt needs Shs 47bln to procure road equipment
SOROTI– There was a lot of excitement among members of the public in 2016, when the 10th Parliament under the stewardship of the former speaker Rebecca Alitwala Kadaga, now the First Deputy…
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Centenary Bank on list of nominees for 2022 edition of the African Banker Awards
KAMPALA– The African Banker magazine has announced the shortlist of over 60 nominees for this year’s edition of the African Banker Awards, with Ugandan Centenary Rural Development Bank and Tugende Global nominated…
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