The local currency held firm supported by the Central Bank open market operations that creamed off excess liquidity creating a stable short term outlook during the week ending August21, 2020. On the supply side improved inflows mainly from tea and coffee added to the stability stance. The shilling traded at
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Anne Juuko- Chief Executive, Stanbic Bank Uganda Limited Stanbic Bank Uganda (SBU) has recorded Profit after Tax of Shs127.7 Billion as at June 2020 from Shs134.1 Billion the previous year, due to the impact of Covid-19 Pandemic on client businesses. Patrick Mweheire, the Chief Executive, Stanbic Uganda Holdings Limited (SUHL)
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Kyagulanyi Robert of the National Unity Platform (NUP) has picked nomination forms The issuing of nomination forms and nomination guidelines to aspiring candidates for Presidential Elections, 2021, will enter into the third week with ten (58) aspirants so far collecting the documents in the first ten days, the Electoral Commission
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Ronald Kasasa the Head of Business Banking at dfcu Bank The COVID-19 global pandemic has taken a massive hit on all the sectors of our economy. Although for a certain period it might have been easier for some professionals to work from home as a new normal, it has been
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Diana Atwine, permanent secretary at the ministry of health, said the government was already prioritising maternal healthcare in its budget. She was commenting on a court ruling that the government should increase its health budget to ensure women receive decent maternal healthcare services. The ruling is the result of a lawsuit filed
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The just released report by Uganda Coffee Development Authority (UCDA) has revealed that farmers and traders in Coffee exports in July 2020 exported 543,251 bags of coffee each of 60-kilo bags worth US$ 49.78 million equivalent to Shs183.055Bn. According to the breakdown from the Authority, the coffee exports comprised 467,160
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The United States Mission in Uganda has issued a warning to all American citizens in Uganda urging them to seek medical treatment once they get symptoms related to the deadly COVID-19. In an alert posted on the Mission's official Twitter handle on Saturday evening, the Mission also called on Americans
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State-of-the-art Pearl Of Africa Hotel in Kampala, Uganda has introduced a new 'Quarantine Package' that will see guests part with a friendly $99 and enjoy full package at the posh facility. According to the hotel, the fee will come with breakfast, lunch and dinner. Frequent disinfection has been employed at
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By Ben Sebuguzi Around 2018 when the price of maize had dropped by 75% ,Bank of Uganda came up with a nice wonderful stimulus package of Ugx 100bn to foster price stability of maize which had reduced to as low as Ushs200 under the Bank of Uganda Agricultural credit facility.
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Mr Mark Oguma Oguti and his daughter Claudia are thrilled about the launch of the Yellow Fever Vaccination campaign. Asked whether his other family members will be immunized, Mark excitedly says, “they are on the way with their mom. My wife and I always ensure that our family benefits from
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