Coffee is Uganda’s major cash crop, both in terms of foreign exchange earnings and employment creation. Coffee as a commodity has continued to play a leading role in the economy of Uganda, contributing between 20 – 30% of the foreign exchange earnings, despite the vigorous efforts by government to diversify
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291 people affected by the Kingfisher feeder pipeline in Kyangwali sub-county, Kikuube district have received 5,000 chicks A total of 291 people affected by the Kingfisher feeder pipeline in Kyangwali sub-county, Kikuube district, have received 5,000 chicks as part of a livelihood restoration programme implemented by CNOOC Uganda Limited on behalf of
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Ronald Muyanja, the Head of Trading at Stanbic Bank The headline Stanbic Purchasing Managers’ Index (PMI) moved back above the 50.0 mark in August, posting 50.2 from 34.6 in July. Readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration. The growth is attributed to the partial lifting of the 42-day COVID-19 lockdown in Uganda which helped spur a return to growth of both business activity and new orders in August, with companies confident of further growth over the coming year. Ronald Muyanja, the Head of Trading at Stanbic
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Dr Peter Kimbowa, the new Board Chairman of NSSF The Minister of Finance, Planning and Economic Development, Matia Kasaija has appointed Dr Peter Kimbowa (PK) the new Board Chairman of the National Social Security Fund (NSSF) effective September 1, 2021. But who is Dr Peter Kimbowa? He is also a Global Leadership
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Dr. Peter Kimbowa, the new NSSF Board Chairman The Minister of Finance, Planning and Economic Development, Matia Kasaija has appointed a new Board of Directors for the National Social Security Fund (NSSF) for the next three years effective September 01, 2021. The new Board is headed by Dr. Peter Kimbowa, a corporate
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Stanbic Bank Uganda has countered fraudulent activity by a few of its banking agents aimed at defrauding the bank through a process flow error that affected some third party agent banking transactions. In a statement dated September 1, 2021, Stanbic said the incident did not affect customer transactions or balances and agency
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Keith Kalyegira, the CEO at CMA The Capital Markets Authority (CMA) cautions Ugandans against dealing in securities through unlicensed entities or entities that are not approved, some of whom maybe operating through online platforms, as they risk losing their investments. A security means shares, bonds, debentures, options, notes, depository receipts,
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Ramathan Ggoobi, Finance Ministry’s Permanent Secretary/Secretary to the Treasury The Ministry of Finance, Planning and Economic Development has started formulating the Budget Strategy for Fiscal Year 2022/2023 under the Theme: Industrialisation for Inclusive Growth, Employment and Wealth Creation. According to Finance Ministry, Ramathan Ggoobi, the Ministry’s Permanent Secretary/Secretary to the
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Minister of ICT and National Guidance, Hon. Dr. Chris Baryomunsi (Left) and Managing Director Huawei Uganda Mr. Gao Fei (Right) The Minister of ICT and National Guidance and the Managing Director Huawei Uganda, Mr. Gao Fei launched the Huawei ICT Talent Development Report in Kampala on Friday 27th August 2021 at
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Housing Finance Bank Managing Director Mr. Michael K. Mugabi (L) exchanging documents with Chief Executive Officer of Buganda Land Board, Omuk. Simon Kabogoza Housing Finance Bank has strengthened its partnership with Buganda Land Board, (BLB), with strengthened focus on easing the process for Bibanja/kibanja owners to acquire lease-hold certificates of title.
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