Financial
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Legislators want govt to give tourism sector Shs 4bln for image promotion
KAMPALA, April 12, 2024 – Uganda’s tourism sector is one of the significant sectors with the potential to generate more revenue if adequately funded and marketed, Members of Parliament have re-echoed. The…
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MPs rally behind agriculture ministry despite budget cuts for FY 2024/2025
KAMPALA, April 12, 2024 – The Speaker of Parliament, Anita Among, has urged the Budget Committee to give special importance to Uganda’s agriculture sector as it is the backbone of the country.…
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Sluggish growth delaying economic recovery in emerging Europe and Central Asia
WASHINGTON, April 12, 2024 – Economic activity in the emerging and developing economies of the Europe and Central Asia region is likely to slow this year as a weaker global economy, tight monetary policy, slowdown…
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Lawmakers question income tax exemption for Bujagali Energy Limited
KAMPALA, April 11, 202 – Members of Parliament have questioned a proposal by the Ministry of Finance, Planning and Economic Development [MoFPED] to give Bujagali Energy Limited, a company that runs Bujagali…
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Kwania cooperative to construct Shs 100mln warehouse
KWANIA, April 9, 2024 – Leaders of Inomo Farmers’ Agro Processors Cooperative Society Limited in Kwania district have received a sum of Shs 104 million for the construction of a new warehouse.…
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African economies to grow by 3.4 percent in 2024-report
KAMPALA, April 9, 2024 – Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt…
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Emergency care to be enhanced in Western Uganda
MBARARA CITY, April 6, 2024 – Seed Global Health Uganda in partnership with the Ministry of Health has pledged to continue working with Mbarara University of Science and Technology [MUST] and Mbarara…
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Nandala gets another term as BCU Chairman
MBALE, April 5, 2024 – The Forum for Democratic Change [FDC] Secretary General, Nathan Nandala Mafabi, has been re-elected unopposed as the Chairperson of Bugisu Cooperative Union [BCU] for another term. Nandala,…
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MPs demand timely compensation of war claimants
KAMPALA, April 3, 2024 – Members of Parliament have put government to task over failure to compensate Ugandans affected by conflict and war in Uganda. Jonathan Ebwalu, Soroti West Division legislator alluded…
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Masindi district to prioritise household income enhancement in FY 2024/25
MASINDI, April 3, 2024 – Masindi District Local Government intends to prioritise enhancing household income, increasing agricultural production, and community participation in government programmes in the financial year 2024/2025. This was said…
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