By Ben Sebuguzi NSSF increased the interest rate paid to its members from 3% to 7% for Financial Year 2009/2010 yet the GDP of the economy that time grew and reached an all the time high of 11.70 percent in the second quarter of 2009 with an average growth rate
Read MoreMonth: January 2025
Eskom Uganda Managing Director , Thozama Gangi (C) receives project files from Filbert Kinyanda, Technical Director API Technical Services, the contractor. Looking on is Luvuyo Feni, the Eskom Uganda Technical Director. Nalubaale Power Plant has received an upgraded compressed air governor system which will improve the overall plant operations. The
Read MoreProposed new US immigration measures could leave many African students in the country having to reapply for visas in the middle of their degree courses. A plan issued by the Department for Homeland Security (DHS) that is now up for discussion outlines changes to student visas that have previously been
Read MoreA panel of experts gathered by the World Health Organization (WHO) has listed a number of factors that may be pushing the spread of coronavirus in Africa down. Expertise in epidemic control, a young population and a possible effect of pre-existing immunity were cited as possible factors. The panel of
Read MoreKenya’s candidate to become the next head of the World Trade Organisation pledged on Thursday to integrate climate change issues into the WTO agenda if selected. Amina Mohamed, who is the East African nation’s sports minister, progressed to the second round of selection to become the next director-general of the
Read MoreGovernment's decision to reopen schools after six month has raised a number of questions from many about how the 'new normal' learning will be arranged. Education Minister who is also First Lady, Janet Museveni has responded to some questions. BELOW ARE THE QUESTIONS AND RESPONSES Question: Denis Natukunda: With opening
Read MoreUganda's Speaker of Parliament Rebecca Kadaga has promised to form a team of lawmakers to establish Uganda - Democratic Peoples Republic of Korea (DPRK) friendship with the legislature of the latter. Kadaga made the promise during a meeting with the Democratic Peoples Republic of Korea (DPRK) Ambassador to Uganda, His
Read MoreThe Uganda Shilling slid mid week and remained weak, retreating to a weekly low to trade slightly above the key level of 3700. USD/UGX pair was to a large extent sentiment driven as traders took positions in anticipation of stepped up demand ahead of opening up of the country’s borders
Read MoreURA Intensifies Fight Against Smuggling As Trucks With Illicit Goods Worth Millions Are Confiscated
Some of the confiscated trucks with smuggled goods Uganda Revenue Authority (URA) has warned traders dealing in imports and exports to desist from trading in illegal transactions on Uganda's border points. Traders have been told to stop smuggling cargo through non-gazetted channels including individuals and firms that are not licensed
Read MoreUmeme Managing Director, Selestino Babungi inspecting projects in the Mbale Industrial Park Cities play a very important role in shaping the livelihoods of many people as more than half of the global population lives in urban centres. Every city needs stable and reliable electricity to feed its ever-growing industrial, commercial
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