The Uganda Shilling continued to appreciate against some major currencies in the region as well as the US Dollar, on Monday, compared to last week. The Bank of Uganda put the official exchange rate for the dollar at 3,529.39 buying and 3,539.39 selling by the close of the day. This
Read MoreMonth: December 2024
Coffee ready for export Uganda’s Coffee exports in April 2021 amounted to 537,538 60-kilo bags worth US$ 50.02 million (Shs176.76bn), Uganda Coffee Development Authority (UCDA) report reveals. The April UCDA Report says this comprised 464,544 bags of Robusta valued at US$39.08 million and 72,994 bags of Arabica valued at US$
Read MoreMPs fighting inside parliamentary chambers in 2017 over age limit bill The 10th Parliament that completed their mandate last week passed and enacted 118 bills, approved 75 loan requests, made 47 resolutions to pay tribute and considered 349 Ministerial statements. Parliament led by Speaker of Parliament Rebecca Kadaga and Deputy Speaker Jacob Oulanya
Read MoreEskom Uganda Managing Director, Thozama Gangi (center) cuts a tape to represent the handover of 31 streetlights installed on Gabula Street to the Jinja city leadership. The UGX 233 million project is aimed at improving visibility and reducing crime. She’s joined by Jinja deputy mayor Midius Asiimwe and mayor elect,
Read MoreEXCLUSIVE: Uganda’s Largest Banks By Assets Named, Total Industry Assets Hit Shs38 Trillion
A photo montage of some bank CEOs in Uganda Ten (10) commercial banks operating in Uganda control a commanding 74.91% of the total industry market share for assets, an exclusive analysis by Business Focus has revealed. It’s worth noting that this website analyzes the performance of commercial banks every year based
Read MoreMusinguzi Reveals How URA Will Hit Shs22.4 Trillion Revenue Target In 2021/22
URA Commissioner General John Rujoki Musinguzi speaking at the recent launch of the National Budget Month Uganda Revenue Authority (URA) has been given an interim revenue target of Shs22.42 trillion in the Financial Year 2021/22. During the recent launch of National Budget month 2021/22, URA Commissioner General John Rujoki Musinguzi
Read MorePolice in Elegu Township in Amuru District are holding a 44-year-old Ugandan who has been on a wanted list of serial child abductors and traffickers in the country. The suspect, Bakaki Yunusu alias Kabbu was arrested early on Saturday morning from his hideout home at Lorikwo West Cell, Elegu Town
Read MoreTelecommunication companies continue to disconnect mobile telephone lines that are assigned to corporate organizations which have failed to comply with the guidelines issued last year. The regulator says they have received complaints alleging failure and/or refusal by operators to adhere to the set SIM card registration processes, especially in respect
Read MoreThe newly appointed Executive Director of the Uganda National Bureau of Standards, David Livingstone Ebiru sees the bringing on board of micro, small and medium enterprises (MSMEs) to embrace standards as one of the major challenges as he takes the mantle. Only if and when all the manufacturers and dealers
Read MoreFarmers in Isingiro District are losing birds to a strange disease Poultry farmers in Isingiro District are counting losses following a reported outbreak of unknown disease that has claimed hundreds of birds. The most affected are poultry farmers in Nyakanoni Parish, Masha Sub County. Vian Ngoga, one of the affected farmers
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