BoU Governor Prof.Emmanuel Tumusiime-Mutebile Bank of Uganda’s Monetary Policy Committee (MPC) held on 14th April 2021 maintained the Central Bank Rate (CBR), a benchmark lending rate for commercial banks at 7%. BoU Governor Prof.Emmanuel Tumusiime-Mutebile said the “the economic recovery is proceeding and is stronger than expected at its last meeting
Read More
Solar testing equipment. There are many fake solar products on market Uganda National Bureau of Standards (UNBS) has rolled out regional awareness campaigns targeting solar energy consumers and dealers ahead of their proposed crackdown on substandard products in the next financial year.On Tuesday, UNBS held an intense civic discourse with
Read More
UNRA boss, Allen Kagina The Uganda National Roads Authority (UNRA) has blamed the poor state of roads being experienced across the country to underfunding of the Authority’s maintenance unit . The revelation was made by Allen Kagina, the UNRA Executive Director while appearing before the Parliament’s Physical Infrastructure Committee chaired Nakifuma county mp Eng.Robert
Read More
Jacob Zuma has been facing corruption allegations, which he denies Former South African president Jacob Zuma has up to Wednesday to suggest the penalty the country's highest court should impose if he were to be found guilty of contempt. The penalty relates to his ignoring of summons to appear before
Read More
Martin Tiffen, the Manager East Africa Crude Oil Project says it is logical that the construction begins from Tanzania which has a largest land area to cover The Ministry of Energy and Mineral Development has reiterated that no construction project in the oil and gas industry will take place until
Read More
St. Francis Hospital Nsambya A mother has sued St. Francis Hospital Nsambya for alleged professional negligence. In a suit filed before Civil Division of High Court in Kampala through her lawyers of Kirunda and Wasige Advocates, Rose Namara contends that she was admitted at St Francis Nsambya Hospital on April 12, 2018
Read More
Nangoli besides his finished products. Kikobero coffee is now exported to UK Martin Nangoli, 47, was born in a poorly managed coffee garden and isolated family in Kikobero village, Masira Sub-county in present day Bulambuli district. He says his family and village were a laughing stock because his parents were hunters whose future looked
Read More
President Samia Suluhu of the United Republic of Tanzania and Uganda's President Yoweri Museveni Museveni at State House Entebbe. They signed oil and gas agreements The recent conclusion of key oil and gas agreements has opened up opportunities for the participation of Ugandans. Speaking at a press conference, Dr. Kitutu
Read More
According to the recently released SNG Grant Thornton’s Sub-Saharan Fraud survey, 60% of respondents cited that employees are currently the biggest threat to their businesses when it comes to fraud, with 77% expecting this to increase in 2021. As such, it is vital for companies to implement ways to safeguard
Read More
Uganda’s Finance Minister, Matia Kasaija (pictured) Tuesday tabled before Parliament a Shs41.2 trillion budget for 2021/22 Financial Year. The proposed budget tabled before Parliament’s Budget Committee shows that governance and security will take the highest share with Shs7.7 trillion. These will be followed by human capital development with Shs6.8 trillion ,
Read More
