January saw continued growth of the Ugandan private sector with rising new orders supporting increases in business activity as the monthly headline Stanbic Bank Purchasing Managers’ Index (PMI) rose to 53.2 from 52.0 recorded in December. Firms reported expansion in their employment and purchasing activity however, higher fuel, utility, raw
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Richard Byarugaba (pictured), the former Managing Director of the National Social Security Fund (NSSF) has refuted claims of mismanagement of the Fund as alleged by Hon. Betty Amongi, the Minister of Gender Labour and Social Development. Byarugaba was on Friday 3rd February, appearing before the select Parliamentary committee investigating mismanagement claims at the Fund
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Ibrahim Sekagya/Courtesy picture The former Uganda Cranes Captain Ibrahim Sekagya has taken over as the head coach of New York Red Bulls II for their inaugural season in MLS Next Pro. The club management announced the development via its official website on Monday. However, the club failed short of disclosing
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The Ministry of Defence and Veteran Affairs has started the massive salary enhancement plan for members of Uganda People’s Defence Forces (UPDF), in a move that would cost taxpayers Shs2Trn. The details were disclosed in a meeting held last week between officials of Ministry of Defence and Internal Affairs and lawmakers
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Makerere University Chancellor Prof Ezra Suruma (pictured) has advised the different groups pushing for the re-establishment of a cooperative bank to harmonise their efforts. This comes after Dr Suruma, who, according to President Yoweri Museveni, was opposed to the privatization of state banks in the 1990s', learnt that a group
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Minister Asamo Impressed By Projects Of PWDs In Namayingo District Persons with Disabilities (PWDs) in Namayingo district in Eastern Uganda have been commended for putting to proper use Government grants for entrepreneurship. While conducting a monitoring and supervision visit in the district last week, the Minister of State for Disability Affairs,
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Sign post for Nakaseke district At least 21 primary school headteachers in Nakaseke district are in trouble for allegedly forging academic papers to obtain promotions. The headteachers are accused of forging Grade 111 certificates, degrees from universities, and certificates of registration from the Ministry of Education and Sports to gain
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Michael Atingi-Ego, the BoU Deputy Governor Uganda’s economic growth is projected to remain below its long-term trend until FY 2025/26, the Bank of Uganda (BoU) has said. While releasing the Monetary Policy Statement for the month of February 2023 at BoU headquarters in Kampala on Monday afternoon, Michael Atingi-Ego, the
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Prime Minister Robinah Nabbanja The Government of Uganda plans to establish a Technical University that will impart skills among academically challenged students who fail national examinations. Prime Minister Robinah Nabbanja made the revelation while responding to a question raised by Lilian Aber (Kitgum DWR) while reacting to statistics from the Primary
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Market Women in Uganda (photo credit: IST) “Market Women” are the ubiquitous vendors who populate local markets throughout Uganda and sub-Saharan Africa. In many ways, they are the lifeblood of most African economies – in Uganda, the “informal sector” accounts for 75% of the total working population – making sure
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