Government has paid all the salaries of civil servants, the State Minister of Finance -General Duties, Henry Musasizi, has said. The Minister made the remarks while appearing before the parliamentary committee on National Economy today to table a loan request of Shs1.7 trillion to be acquired from the standard chartered bank of
Read MoreMonth: October 2024
Uganda’s State Minister of Finance-General Duties, Henry Musasizi (pictured) has told MPs on Parliament's committee on National Economy that they should expect more loan requests from Government until the budget is fully financed. Parliament in May passed a budget of Shs48.1 trillion for the financial year 2022/2023 and was supposed to be financed through
Read MoreKenyan Food Distribution Giant, Twiga Foods Opens Shop In Uganda. Fresh produce and fast-moving-consumer-goods aggregator Twiga Foods, has officially commenced business operations in Uganda. This will officially mark the company’s first pan-African expansion drive into Africa’s online retail market. The move is great news for Ugandan consumers and Ugandan farmers.
Read MoreEdward Munaaba (R) trains community members and youth on good agronomic practices in coffee production. Edward Munaaba, the founder of Edwards Hamlet, is a retired climate change practitioner who is using the principles of regenerative agriculture to grow coffee on 8 acres in Busoga sub region. His coffee is doing very
Read MoreUganda’s Annual headline Inflation for October 2022 increased to 10.7%, from 10.0% of September 2022, the Uganda Bureau of Statistics (UBOS) has said in its Consumer Price Index for October 2022. Headline inflation is inflation-related to all the economy's commodities, goods, and services. On the other hand, UBOS says the Annual
Read MoreAlthough they have neither engineering knowledge nor strong and appropriate construction materials, residents of Bukwo district have decided to risk drowning than being cut off from neighbours and embarked on constructing bridges on their own using locally available materials. On Saturday, residents of the two sub-counties came together and started
Read MoreCommunities bordering Queen Elizabeth National Park are turning to apiary projects to safeguard their gardens from wildlife invasions. Mobilised under Kataara Women’s Poverty Alleviation Group-KWPAG in Kicwamba Sub County of Rubirizi district, the farmers now have over 200 beehives spread along the boundary of the park and their agricultural fields.
Read MoreSome of the Congolese refugees at Bunagana border trekking to Rutshuru. Thousands of refugees have on Saturday trekked back to the war-troubled territory of Rutshuru in North Kivu Province, eastern Democratic Republic of Congo (DRC) after the official shutdown of Nyakabande refugees holding centre in Kisoro district. Early this month,
Read MoreFarmers in Acholi Sub-region have been warned against cheaply selling farm produce to middlemen. Every dry season, middlemen infiltrate villages in all eight districts in the Acholi sub-region with trucks and their own weighing scales in search of grains and other cash crops. Others book the crops before they are
Read MoreI&M Bank CFO Andrew Ssekamwa (L) receives an award from Ibrahim Kule, Debt Manager at Nation Media Group On Thursday October 27, I&M Bank Chief Finance Officer (CFO) Andrew Ssekamwa, was named the Young CFO of the year at the sixth Edition of the annual Chief Finance Officer (CFO) awards
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