Finance
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International
Investments of 1.4 percent of GDP could cut GHG emissions by 70 percent
WASHINGTON-Investing an average of 1.4 percent of Gross Domestic Product [GDP] annually could reduce greenhouse gas [GHG] emissions in developing countries by as much as 70 percent by 2050 and boost resilience,…
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Africa
Scaling up agriculture: Continental lenders pledge to mobilise credit for women
ABIDJAN-Development lenders in Africa can seize the current global crises as an impetus to help the continent significantly increase food production, especially by supporting women. This was a common conclusion of panelists…
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News
Lira City extends Shs 35bln road contract
LIRA-The authorities in Lira City have given the contractor more seven months to tarmac five major roads under Uganda Support to Municipal Infrastructures Development [USMID] Programme financed by the World Bank. The…
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News
Kasaija urges local gov’t officials to enforce laws on environmental protection
MASAKA-The Minister of Finance, Matia Kasaija has called upon local government officials to enforce laws on conservation of the environment to mitigate the effects of climate change in the country. The minister…
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Cooperatives & Communities
Misuse of PDM cash: Nwoya RDC orders arrest of officials
NWOYA-Nwoya district officials are in panic after they failed to account for some of the Parish Development Model [PDM] funds disbursed to the district by government and now face arrest. Christopher Omara,…
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Finance & Banking
Govt has no debt with us, Bank of Uganda says
KAMPALA-The Bank of Uganda [ BoU ] in the latest media statement has come out to refute claims that government excessively borrowed money from the institution and failed to pay it back.…
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News
Tayebwa asks Vietnam to help Uganda in coffee processing
KAMPALA– Deputy Speaker, Thomas Tayebwa has called for cooperation with Vietnam to develop the country’s coffee value chain for the benefit of farmers. In a meeting with Vietnam’s Ambassador-Designate to Uganda, Nguyen…
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News
MPs call for more money to fund road maintenance in districts
KAMPALA-Members of Parliament are not happy with the delay by government to release money to the Road Fund for the maintenance of roads in various districts of Uganda. MPs were concerned that…
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Cooperatives & Communities
Minister says some parishes will receive more PDM cash than others
KAMPALA– The Minister of State for Finance, Planning and Economic Development (Planning) Amos Lugoloobi, has revealed that some parishes will, in the current financial year, receive more money than others under the…
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Health
Climate Change: Experts urge government to prioritise investing in irrigation systems
KAMPALA-Climate Change and Environmental experts have urged government to prioritise and invest more resources in the establishment of irrigation systems across the country. This comes at a time when several parts of…
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