Regions
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BOU ramps up CBR again
KAMPALA– Bank of Uganda [ BOU ]raised the indicative Central Bank Rate [CBR] to 8.5 percent for July from 7.5 percent before, as inflation rose – for the second time in a…
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Masaka school temporarily closed over students’ strike
MASAKA– Police in Masaka have arrested 13 students of Kimanya Blessed Sacrament Secondary after they allegedly organised a violent strike that forced the school’s management team to temporarily close the school. The…
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Gender ministry warns Ugandans against unlicensed labour recruiting firms
SOROTI– The Ministry of Gender Labour and Social development [MGLSD] has cautioned the general public, especially the youth seeking employment abroad to beware of fraudulent unauthorised labour recruiting companies whose operations are…
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UPDF kills ADF rebels in DRC , recovers guns and ammunitions
Soldiers of Uganda People’s Defence Forces [UPDF] operating in the Democratic Republic of Congo [DRC] yesterday killed two rebels of the Allied Democratic Forces [ ADF ] and recovered two guns and…
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Govt to boost surveillance as pests and diseases show resistance
KAMPALA – The Ministry of Agriculture Animal Industry and Fisheries [MAAIF] plans to bolster control and surveillance strategies to counter the marked resistance of pests and diseases in crop farms across the…
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Reserves managers face up to tough investment environment
KAMPALA- Most central bank reserves managers are resigned to a period of higher inflation and lower returns, according to a report published today by the global think tank- Official Monetary and Financial…
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ACPCU commissions Shs 1.5bln facility as it prepares to roast coffee
SHEEMA– In a bid to improve the value chain, Ankole Coffee Producer’s Cooperative Union [ ACPCU ] has begun preparations to roast its coffee on a large scale. This was revealed over…
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BoU urges WorldRemit clients to submit claims
KAMPALA– The Bank of Uganda [BoU] on Monday asked WorldRemit customers to submit to it the outstanding claims of monies given for remittance purposes to WorldRemit Money Transfer [U] Limited by July…
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