National
-
Staffing woes at NAGRC& DB irk MPs
KAMPALA – Legislators on the Committee on Commissions, Statutory Authorities, and State Enterprises [COSASE] are perturbed by the staffing woes at the National Animal Genetic Resources Centre and Data Bank [ NAGRC&DB…
Read More » -
Private sector credit declined 0.2 percent in June 2023
KAMPALA – The total value of private sector credit [PSC] approved in June 2023 for disbursement by local commercial banks declined by 0.2 percent to about Shs 1.2 trillion, from about Shs…
Read More » -
NDA bans importation of L’ Power Coffee
MBARARA – The National drug authority [NDA] has imposed a total ban on the importation of L’ Power Coffee into the Ugandan market. This is after 75 boxes of the product were…
Read More » -
Capital for microfinance institutions set at Shs 5 billion
KAMPALA– Microfinance Deposit Taking Institutions [MDIs] be required to have minimum capital of Shs 5 billion in order to operate in Uganda. The is contained in a statutory instrument on revision of…
Read More » -
MPs summon Kampala lawyer over Shs 39bln tea farmers’ compensation
KAMPALA – Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises [COSASE] has summoned lawyer Patrick Kiconco Katabaazi, a partner with Pathways Advocates over failure to account for Shs 39 billion meant…
Read More » -
Holders Vipers visit BUL As SC Villa face Maroons in FUFA Super 8
KAMPALA– The third edition of the FUFA Super 8 tournament unfolds this Thursday, with interesting matches lined up to officially welcome the return of the pre-season competition following a four-year hiatus due…
Read More » -
UNMA releases rainfall outlook for August, warns of flash floods and malaria
KAMPALA – The Rainfall Outlook for August 2023 indicates that northern region, parts of eastern Uganda, and mid-western Uganda are expected to receive near-normal or slightly enhanced rainfall likely to cause flash…
Read More » -
Netball World Cup 2023: How Uganda She Cranes tamed South Africa to become Africa’s best
CAPE TOWN – Hosts South Africa played Uganda in an all-African showdown for 5th place on the final day at the Netball World Cup. While the Proteas secured a two-goal victory over…
Read More » -
Journey to revive Cooperative Bank begins as gov’t inaugurates steering committee
KAMPALA– Cooperators in Uganda could soon have access to cheap and appropriate financing after the government on Tuesday inaugurated a steering committee to revive the defunct Cooperative Bank whose assets were taken over…
Read More » -
MPs to engage all stakeholders on new Shs 10bln minimum capital requirement for MDIs
KAMPALA – The Committee on Finance, Planning and Economic Development will engage all stakeholders in regard to the new minimum paid-up capital requirement for Microfinance Deposit Taking Institutions [MDIs] in Uganda. Speaker…
Read More »