Uganda’s expanding public debt, partly inflated by non-concessional borrowing, will make East Africa’s third-biggest economy more vulnerable to external shocks, the World Bank said. Taking commercial loans amid a widening budget deficit could lead to higher principal and interest payments and deprive the state of money to fight poverty, the
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Uganda's President Yoweri Museveni has reportedly allowed telecom giant MTN Uganda's deported CEO Wim Vanhelleputte to return to the country. The telecom company confirmed this development on their social media platforms. "MTN confirms that the President of the Republic of Uganda, His Excellency, Yoweri Kaguta Museveni has exercised executive discretion
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The report into investigations the Senior State Attorney, by Samantha Mwesigye, accusing the Deputy Solicitor General, Christopher Gashirabake of sexual harassment will be ready in a month’s time. This was revealed today by Attorney General, William Byaruhanga, noting that a team has been set up to investigate the allegations. The
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Members of the Uganda Women Entrepreneurs Association Limited (UWEAL) have been urged to position their businesses in line with Uganda’s tourism in order to fully harness the opportunities presented by the sector. Lilly Ajarova, the Uganda Tourism Board (UTB), Chief Executive Officer, highlighted the above while speaking to participants during
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President Yoweri Museveni has warned leaders in Acholi sub region against blowing the Apaa land saga out of proportion. Museveni sounded the warning on Wednesday during the 6th phase of the nation-wide wealth creation campaign where he addressed leaders of Acholi sub-region at National Teachers College Unyama grounds, in Gulu
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Money-savvy businessmen and women have stocked up piles of merchandise at Namugongo in anticipation of blissful sales in the run-up to the Martyr's day on Monday June 3. Heaps of water boxes, soda cartons, bunches of matooke and frantic movements to set up tents on road side and inside the
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Three suspects have been arrested in connection to an armed robbery at Cheap Hardware in Nansana Municipality in Wakiso district. Two people including Jimmy Atikuru, the Assistant Manager of the Hardware shop and Frank Aruho were gunned down during the Wednesday afternoon raid. Three other employees sustained gunshot wounds. However,
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By Aloysious Kasoma In their effort to find resources to take care of the innocent children, Sanyu Babies Home is planning to erect a commercial building worth $3m (Approximately Shs10bn). The funds are expected to be raised from donations. Speaking to the press on Wednesday at their home in Mengo
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Anne Wangui Mbogo (in featured photo), 24 is a passionate baker based in Kimbo, Ruiru, Kenya. She shares her story below; I’m in this line of business for two reasons: I’m passionate about baking and it’s my source of livelihood. I learnt the art of baking from my mum, and
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Ruparelia Foundation has offered 300 Victoria University Scholarships to Kampala based students joining the fast-growing University. The Scholarships were handed over to Kampala Minister Betty Kamya at her office on Wednesday, May 29 by Rajiv Ruparelia, who represented Ruparelia Foundation and Naiya Ruparelia, a Director at Victoria University. This follows
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