The Uganda Shilling was a notch stronger supported by interbank unwinding long positions coupled with improved inflows primarily on account of portfolio flows during the week ending 19th October 2018. Trading was in the range of 3755/3765. In the interbank money market, overnight funds traded at 8% while one week
Read MoreDaloum said the new partnership will assist Uganda in working to achieve key Sustainable Development Goals (SDGs) KAMPALA, Uganda, October 18, 2018,-/African Media Agency (AMA)/- Kampala Capital City Authority (KCCA) and the United Nations World Food Programme (WFP) today entered a partnership to tackle food insecurity and rising levels of
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By Michael Muhangi Uganda discovered commercial volumes of oil in the Albertine and Nile basin more than 10 years ago. At that time the exploration phase, which took 8 years, attracted an expenditure of $3 billion (Shs11 trillion) causing a lot of excitement across the divide with multinationals and big
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The State Minister for Local Government, Jeniffer Namuyangu has revealed that government needs more time to make consultations on the operationalization regional governments commonly referred to as regional tier. Appearing before Parliament’s Committee on public service and Local Government, Namuyangu said that the Ministry of Local Government is still making
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The Ugandan government has failed to find money to operationalise new 203 Town Councils and 198 Sub-Counties created across the country. This raises questions on government’s appetite to create more administrative units that are not only costly to the tax payers, but are also ineffective. Appearing before Parliament’s Committee of
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Uganda’s Vice President, Edward Kiwanuka Ssekandi has said that advising President Yoweri Museveni on how to run the country isn’t part of his constitutional duties. Ssekandi made the remarks Thursday on his Twitter handle during an engagement with his followers. The exchange started when the VP sent out a tweet
Read MoreSpeaking at a retreat of African permanent representatives based in Addis Ababa, Ms. Songwe said most African countries were facing similar issues in an ever-more challenging global context ADDIS ABABA, Ethiopia, October 18, 2018,-/African Media Agency (AMA)/- The Economic Commission for Africa (ECA) is working hard to ensure it becomes
Read MoreThis is consistent with the efforts to introduce and expose learners to coding at High School and develop the requisite skills for the fourth industrial revolution PRETORIA, South Africa, October 18, 2018,-/African Media Agency (AMA)/- Deputy Minister of Communications, Pinky Kekana, will on Friday 19 October 2018 unveil a state
Read MoreAttended by thousands of the general public, the event provided an unprecedented networking opportunity for the youth who had interactive discussions with the leaders of the sector both from the private and the public MOGADISHU, Somalia, October 18, 2018,-/African Media Agency (AMA)/- Somalia’s first Information and Communications (ICT) exhibition came
Read MoreAuthorities were alerted to the 33-year old woman’s abduction after she called her parents to inform them that she was being held for a ransom of 100,000 rands VICTORIA, Seychelles, October 18, 2018,-/African Media Agency (AMA)/- A Seychellois citizen has been safely returned to her family on Tuesday after being
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