The Bank of Uganda (BoU) has informed the public that WorldRemit Money Transfer (U) Limited voluntarily ceased to carry on money remittance business in Uganda. “The public is notified that the closure of WorldRemit Money Transfer (U) Limited as a company will not affect WorldRemit money remittance product offered by several supervised financial
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One of the demolished houses Hundreds of residents of Kireka Zone B are spending sleepless nights over their pending eviction as the UPDF Engineering Brigade nears the completion of the construction of the perimeter wall around Mandela National stadium aka Namboole. The government kicked off the renovation of
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Filbert Baguma, the Secretary General UNATU President Yoweri Kaguta Museveni is expected to meet the leadership of the Uganda National Teacher's Union-UNATU later today in an effort to end the nationwide teacher's strike. The meeting follows the teachers’ rejection of a "new deal" proposed by the Ministry of Public
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A bird watching tower inside the Kaazi camping site at Busaabala The Uganda Wild Life Authority (UWA) has registered a reduction in bird species in Pian Upe, Matheniko and Bokora game reserves due to the persistent drought that has dried up all water sources in the reserve. Speaking to our reporter on
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Imported second-hand cars at the port of Mombasa on April 8, 2022. PHOTO | WACHIRA MWANGI | NMG Used car prices in Kenya have jumped by up to 30 percent over the past three months on weak shilling, scarcity of vehicles and rising shipping costs, pushing low-range types such as
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Left - Right: Emmanuel Mukusike ,the General Manager Goldmine Finance, Allan Tayebwa - CEO Goldmine Finance(Centre) and Lugi Koni,the Marketing Advisor during the launch of the mobile loan product at their head office in Nakawa,Kampala. Financial insinuations are increasingly launching mobile loan products so as to bring financial services
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The persistent drought in the Karamoja region is affecting the cattle trade. In some of the cattle markets visited by Uganda Radio Network, the animals have become emaciated as a result of lack of grass and also persisting raids. At Nadunget Market in Moroto District, a bull of 90 kilograms
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The increase in food prices in the country has been attributed to the change in weather and high fuel prices. Several consumer commodities like maize flour, rice, and ground nuts are experiencing a sharp price increase since May. Currently, a kilogram of maize flour costs 3,600 shillings, up from 2,000,
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Adongo Mariya and her colleagues stand by their bar soap making machine in Kamdini Oyam District. With soaring global palm kernel prices, the women have found lard as a cheaper alternative. Some women in Northern Uganda are using pork lard as one of the raw materials for making laundry soap
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Savings and Cooperative organizations have expressed concern over multiple regulations. The savings and cooperative Organizations currently are regulated by the registrar of Cooperatives, Uganda Microfinance Regulatory Authority, and Bank of Uganda. Speaking at the International Cooperative Day in Sheema Municipality on Saturday, John Njoki Rugeimukamu, the Board Secretary of Greater
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