Michael Atingi-Ego, the BoU Deputy Governor Uganda’s economic growth is projected to remain below its long-term trend until FY 2025/26, the Bank of Uganda (BoU) has said. While releasing the Monetary Policy Statement for the month of February 2023 at BoU headquarters in Kampala on Monday afternoon, Michael Atingi-Ego, the
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Pension Towers being constructed by NSSF in Kampala/Internet photo By Denis Jjuuko Some years ago, I walked into the wood paneled office of one of my mentors, a Kampala lawyer. I had gone to ask him of his views on becoming a consultant. When I eventually told him what was
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Uganda Airlines staff checking in passengers. Uganda Airlines will save about 60% of operational costs after launching self-handling project On November 1, 2022, Uganda Airlines started a mega US$3 million project of self-handling. Three months down the road, the project (alone) has created 200 jobs with more expected as the project
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Some fuel dealers prioritize petrol over diesel Experts in the petroleum sector have revealed that the current inconsistencies in pump fuel prices are a preserve of individual dealers depending on their in-house issues. Currently, a few dealers like Shell and Total Energies, are still pricing their diesel higher than petrol,
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A Kenyan coffee farmer tending his coffee/courtesy photo The decision by Kenyan Government to merge the country’s coffee body with Agriculture Food Authority has backfired-if recent statistics is anything to go by. In 2013, the Kenyan government took a bold step and merged the Country’s coffee Board with Agriculture Food
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By Jacqueline Kalembe There is a popular saying among people who do not save that goes; “you can’t save what you don’t have” True. The argument is that their income is barely enough to live on. They have dreams and ambitions but no savings or residual income to fuel them. So they live
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By Ali Ssekatawa In October 2022, international oil companies reported record profits because of high crude oil prices. Exxon Mobil broke records with its profits in the third quarter, raking in US$19.7b in net income, a nearly US$2b increase from its second quarter. TotalEnergies SE posted a sharp jump in
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By Livingstone Mukasa If you are still trying to multiply your money, stay away from rentals. But if you're starting to generate excess cash flow, I want you to seriously consider investing in rentals. Here are the 5 key areas to consider before investing in Mizigo: Location, Location, Location. A
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Dan Odongo, the Executive Director UNEB For the first time in recent years, Social Studies and Religious Education recorded a decline in performance in the 2022 Primary Leaving Examination examinations. According to the report by the Uganda National Examinations Board (UNEB), the pass rate for the subject was 88.6% in
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Farming is a good business but one must make enough research before joining the business A fool and his money are soon parted, says the old proverb. I chose to start with this proverb because a number of people are ignorantly and foolishly losing money in farming. This is not
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