Sectors
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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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Ramadan: Lira Pakistani community donate to the vulnerable
LIRA – The Pakistani Association in the Lango sub-region have given food staff and sanitary materials to 250 members of the Muslim community, vulnerable people and inmates in Lira City as they…
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Teso farmers panic as fall armyworms ravage crops
SOROTI– Farmers in the Teso sub-region are counting losses following an invasion of fall armyworms (FAW) pest, which is scientifically known as (Spodoptera Exempta) ravaging thousands of acres of crop fields across…
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UNBS, UCU sign MoU to promote quality standards in institutions of higher learning
KAMPALA – The Uganda National Bureau of Standards (UNBS) has signed a Memorandum of Understanding (MoU) with Uganda Christian University (UCU) to promote standardisation and quality assurance in institutions of higher learning.…
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Over 500 youth leaders to receive heifers
MBARARA – Preparations are in high gear for the youth leaders across Uganda to receive in-calf heifers as part of the government’s efforts to make the young people participate in the country’s…
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