Ugandans engaged in the agricultural sector are poised to receive stimulus packages following the approval of a request authorising government to guarantee Uganda Development Bank (UDB) to borrow US$65 million (Shs234.6bn). Parliament approved a request to authorize government to guarantee UDB to borrow US$15 million from the European Investment
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Members of Parliament have deferred a proposal by the government to borrow 282.4 billion Shillings from the World Bank to invest in forests and protected areas in the country.Hajjati Syda Bbumba, the chairperson of the National Economy Committee had presented a report endorsing the investment part of which will be
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Dr Josephat Jombwe addressing journalists A big percentage of people who end up presenting with cancer of the stomach and digestive system complications have been wrongly treated for ulcers, according to experts.They revealed this while launching a medical camp scheduled to take place at Mulago Specialised National Referral hospital next
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Rhinos at Ziwa Rhino sanctuary Tourism sector players have called for the reopening of the country’s only wild rhino sanctuary (Ziwa Rhino Sanctuary), amidst a conflict between the managers of the sanctuary, the Rhino Fund Uganda and the owners of the land hosting the facility, Ziwa Rhino and Wildlife Ranches. On
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A Umeme Officer removes cabling used in a Direct supply serving a number of shops Leading power distributor Umeme has picked up the threads of the anti–power theft operation it launched in March. It has fanned out from Central Uganda, Jinja, 80 kilometres East of Kampala, and now to Mbale
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CiplaQCIL’s Chief Executive Officer, Nevin Bradford Cipla Quality Chemical Industries Limited (CiplaQCIL) recently acquired approval to manufacture and distribute lifesaving medicines to the ECOWAS and ZAZIBONA regions in Africa. The company was approved to market antiretrovirals and malaria medicines such as efavirenz 600 mg; lamivudine 300 mg; tenofovir 300 mg Artemether 20
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By Sam Evidence Orikunda We should not pretend, the U.S had its own interests in the recent concluded general elections in Uganda. Through civil society organizations, they injected a lot of dollars in opposition activities in Uganda. Maybe because they were trading weak and unpopular candidates their mega plan to
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Uganda exports eggs to Kenya Kenya has renewed its push for a review of the 18 per cent value added tax (VAT), a six per cent withholding tax and a one per cent railway levy charged on its poultry product exports to Uganda, terming it irregular. A Kenyan delegation led
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The Leader of the Opposition, Hon Aol Ocan Legislators are opposed to the merger of the Uganda Women Entrepreneurship Programme (UWEP) with other wealth creation funds saying it will cause financial disenfranchisement of women in the communities. On Tuesday, 20 April 2021, the Leader of the Opposition, Hon. Betty Aol
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African Export-Import Bank (Afreximbank), in collaboration with the United Nations Economic Commission for Africa (ECA), the African Development Bank (AfDB) and Making Finance Work for Africa Partnership (MFW4A) released on 15 April 2021 the African Trade Finance Survey Report which provides a better understanding of the trade finance landscape across
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