tourism
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News
House halts Bujagali tax exemption
KAMPALA, May 7, 2024 – A proposal by government to exempt the Bujagali Hydro Power project from income tax has been rejected by the Members of Parliament who instead demanded a report…
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News
Kitgum-Kidepo Road upgrade boosted with Shs 450bln loan approval
KAMPALA, May 1, 2024 – Parliament has approved a government request to borrow about 110.5 million Euros [about Shs 450 billion] from Standard Chartered Bank to finance the tarmacking of Kitgum-Kidepo Road.…
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Cooperatives & Communities
Benefiting from community-based tourism: Conservationist asks Nwoya residents to form cooperatives
NWOYA, April 15, 2024 – The Chief Warden for Murchison Falls National Park, Wilson Kagoro has challenged the communities neighboring the park in Nwoya district to form cooperatives if they are to…
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News
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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Cooperatives & Communities
Somalia finally joins EAC as the bloc’s 8th Partner State
ARUSHA, March 5, 2024 – The Federal Republic of Somalia has finally joined the East African Community [EAC] as the bloc’s 8th Partner State after officially depositing her instrument of ratification of…
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News
UDB’s total assets hit Shs 1.6trn in 2023-report
KAMPALA, March 1, 2024 – The Uganda Development Bank [ UDB ] has released unaudited report for 2023, showing the Bank’s total assets grew by 8 percent to Shs 1.64 trillion from…
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News
Uganda’s economy continued its recovery from multiple external shocks, despite turbulent global environment-report
KAMPALA, February 6, 2024 – Uganda’s real gross domestic product [GDP] growth rate rose from 4.6 percent in the financial year 2022 to 5.2 percent in FY20231, but domestic challenges persist, and…
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Cooperatives & Communities
Angola: Growth of non-petroleum exports and 36,000 new businesses, thanks to AfDB support
LUANDA, February 5, 2024 – The Institutional Capacity Building Project for Private Sector Development, which was implemented in Angola between 2014 and 2023, delivered better-than-expected outcomes as shown in the recent Project…
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International
WBG supports Tuvalu in strengthening fisheries management
WASHINGTON, December 11, 2023 – Tuvalu will gain resources and support to strengthen the management of its fisheries, one of the country’s highest sources of income, and to create new jobs in the…
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