Sectors
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Kaberamaido youth abandon tractor over Shs 5m debt
KABERAMAIDO-Kaberamaido youth have abandoned a tractor in the hands of a mechanic after failing to clear a bill of about Shs 5.4 million. The tractor Reg. No. UAW 096V was donated to…
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FAO, dairy agency partner to boost Uganda’s dairy sector
KAMPALA – The Food and Agriculture Organisation of the United Nations (FAO) and Dairy Development Authority (DDA) alongside other key stakeholders have concluded a round of regional and national policy dialogues aimed at…
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Janet Museveni lauds Stanbic Bank for efforts to skill young Ugandans
KAMPALA- The First Lady and Minister of Education Janet Museveni has commended Stanbic Bank Uganda for supporting government’s efforts to skill young Ugandans through its annual National Schools Championship (NSC). Mrs. Museveni…
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Gov’t begins journey of redeveloping Kilembe mines
KASESE – The Government of Uganda through the ministries of Finance and Energy is to start the redevelopment of Kilembe Copper Mines located in the western district of Kasese that borders the…
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BoU keeps CBR at 6.5 percent in April
KAMPALA – The Bank of Uganda [BoU] has maintained the Central Bank Rate [CBR] at 6.5 percent for the month of April 2022, as the economy continues to recover from the Covid-19…
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ILO report sets out discussion agenda ahead of its International Labour Conference
GENEVA – The International Labour Organisation [ILO] days ago released a new report on Decent Work and the Social and Solidarity Economy (SSE), ahead of its International Labour Conference due to be held in…
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Amuru district forms committee to scrutinise eviction of illegal herdsmen
AMURU – Following complaints that the security personnel in Amuru district ask errant herdsmen [Balalo] for bribes to protect them from eviction, the district council has formed an independent committee of councilors to…
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Absa Bank Uganda profit after tax up by 169%
KAMPALA – Absa Bank Uganda had favourable business outcomes in the year 2021, despite covid-19 pandemic that hit the country. The bank on Tuesday announced a sharp profit after tax increment of…
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South African citrus farmers cry as Russian invasion of Ukraine disrupts exports
JOHANNESBURG-Russia’s invasion of Ukraine has left a sour taste for South Africa’s citrus farmers, who are facing millions of dollars in losses due to sanctions that have closed off the Russian market,…
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Public service vehicle operators to form SACCOs after training
KAMPALA – Operators of public service vehicles (PSV) in Uganda will soon begin to establish Savings and Credit Cooperative Societies (SACCOs), having undergone a two-day capacity building training on the formation of…
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