Finance
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Opinions & Commentary
Unlocking Africa’s AI potential
CAPE TOWN, February 22, 2024 – In 2024, Africa stands at the precipice of an Artificial Intelligence [ AI ] revolution. With a projected market size of US$ 18.33 billion by 2030,…
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News
Industrial parks require over Shs 160bln for direct access to electricity
KAMPALA, February 17, 2024 – Parliament’s Committee on Government Assurance and Implementation has urged the Ministry of Finance to allocate a subsidy worth Shs 160.34 billion to the Ministry of Energy and…
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Cooperatives & Communities
WFCU to host key annual events during GAC
MADISON, Wis., February 17, 2024 — Worldwide Foundation for Credit Unions [ WFCU ] and their two major networks, Global Women’s Leadership Network [GWLN] and World Young Credit Union Professionals Network [WYCUP],…
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News
LoP urges govt to increase capitation grant for primary schools
KAMPALA, February 7, 2024 – The Leader of the Opposition in Parliament [LoP], Joel Ssenyonyi has urged the Finance ministry to increase the capitation grant for government-aided primary schools, arguing that the…
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News
Parliament to assess country’s debt
KAMPALA, January 31, 2024 – Deputy Speaker of Parliament, Thomas Tayebwa has directed the Committee on National Economy to assess the country’s huge public debt, which continues to raise eyebrows among citizens.…
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National
Civil society urges govt to clear domestic arrears
KAMPALA January 23, 2024 – The Civil Society Budget Advocacy Group [ CSBAG ] wants government to enforce mechanisms aimed at controlling the increasing domestic arrears. The CSBAG officials expressed concern that…
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International
Commonwealth boss commends Museveni on assuming NAM chairmanship
KAMPALA, January 22, 2024 – The Commonwealth Secretary-General, Patricia Scotland KC, addressed leaders from 121 countries at the Non-Aligned Movement [NAM] Heads of State and Government Summit in Kampala yesterday. In her…
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National
MPs reject Shs 10bln for construction of NPA offices
KAMPALA, January 18, 2024 – Parliament’s Budget Committee has rejected a request of Shs 10 billion to construct the National Planning Authority [ NPA ] House in Kampala, saying government must first…
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Development
Foreign Affairs Ministry seeks Shs 6bln for post-NAM and G77+China summit activities
KAMPALA, January 17, 2024 – Parliament’s Committee on Foreign Affairs has recommended the provision of a budget line worth Shs 4 billion and Shs 2bln to the Ministry of Foreign Affairs, to…
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Africa
Multilateral development banks commit to boost collaboration on climate and development
DUBAI, December 5, 2023 – Multilateral development banks [MDBs] attending the 2023 UN Climate Change Conference [COP 28] have affirmed their commitment to a concerted, global action, including increasing co-financing and private…
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