Financial
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Remove Uganda from Anti-Money Laundering grey list, Tayebwa asks EU Parliament
KAMPALA, February 20, 2025 –– Deputy Speaker of Parliament, Thomas Tayebwa has urged the European Union [EU] Parliament to expedite the process of removing Uganda from its anti-money laundering and terrorism financing…
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AG faults ministry for shortage of agricultural extension workers
KAMPALA, February 20, 2025 – The Auditor General’s latest report has revealed a significant shortfall of over 3,000 agricultural extension workers across Uganda, which is expected to have a detrimental impact on…
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Kasese and Rubirizi women groups receive Shs 300mln for climate adaptation
KASESE, February 19, 2025 — The World-Wide Fund for nature [WWF] in Uganda in partnership with International Institute for Sustainable Development [IISD] from Canada has handed over Shs 300 million to three…
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MPs cite irregularities in Bujagali Hydropower Project tax waiver
KAMPALA, February 19, 2025 — Members of Parliament [MPs] have raised concerns over the Bujagali Hydropower Project’s tax waiver, exposing alleged financial miscalculations and possible overcharging of Ugandans. The legislators sitting on…
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Credit unions in US defend income tax exemption
NEW YORK, February 18, 2025 — Credit Unions in the United States of America [U.S.A] have launched a campaign explaining how they are different from commercial banks so that they can be…
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UBOS tablets enable efficient distribution of PDM funds in Gulu district
GULU, February 18, 2025 – Alfred Ocen, the Gulu District Commercial Officer, has noted that tablets recently provided to technical officers to facilitate the implementation of the Parish Development Model [PDM] have…
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New hostel commissioned at Hoima School of Nursing and Midwifery
HOIMA CITY, February 17, 2025 – Students, staff, and management of Hoima School of Nursing and Midwifery in Hoima City have a reason to celebrate after government handed over a modern hostel…
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SIDA invests US$ 4.1bln to empower rural women in fight against climate change
ADJUMANI, February 17, 2025 — The Swedish International Development Cooperation Agency [SIDA] has allocated US$ 1.12 million [about Shs 4.1 billion] to support a project aimed at addressing inequalities in food systems,…
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Coffee worth Shs 229mln stolen while in transit to Kampala
KIRUHURA, February 17, 2025 – Police in Kiruhura district are investigating the circumstances surrounding the theft of 13.3 tonnes of coffee worth Shs 229 million by unknown individuals. According to Samson Kasasira,…
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New report highlights Africa’s strengthening economic growth amid global challenges
KAMPALA, February 15, 2025 –– Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according to the 2025 Macroeconomic Performance and Outlook [MEO] report released yesterday by…
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