The Kenya Shilling has steadily been declining against most currencies, including global leaders like the US Dollar and regional currencies, mainly the Uganda and Tanzania Shilling. For so long, the Uganda Shilling traded at an average of 30 to the Kenya Shilling and one needed just 100 Kenya Shillings for
Read MoreMonth: October 2024
MAAIF PS, Kasura (Left) before the Committee. The April 2022 fire that gutted the stores of Ministry of Agriculture in Wandegeya destroyed property over Shs2.4Bn according to the Auditor General in his June 2022 report to Parliament. The although Section 34(1) of the Public Finance Management Act 2015 states that
Read MoreSome lawmakers on Parliament’s Public Accounts Committee have called on Government to scrap off positions of agriculture extension workers over poor service delivery, saying the group is just bloating Government’s payroll with no services being rendered to farmers. The call was made by Nandala Mafabi (Budadiri West) during an interface
Read MoreURSB Registrar General, Mercy K. Kainobwisho The Uganda Registration Services Bureau (URSB) collected a total of Shs 77.14 Billion in non-tax revenue for the period July 2022 to June 2023, against a target of Shs 69.6 Billion, representing a surplus of Shs 7.54 Billion. URSB’s Registrar General Mercy K. Kainobwisho
Read MoreGodwin Emefiele’s Dramatic Downfall: How Nigeria’s Powerful Central Bank Boss Ended Up In Court
Godwin Emefiele (Right) appeared in court on Tuesday Nigeria's once-powerful central bank chief has been charged with illegally owning a shotgun and hundreds of cartridges, marking a spectacular fall for a man who has long been at the centre of the nation's politics and finances. Godwin Emefiele appeared in court
Read MoreMagode (Right) and Kariisa after the press briefing The East African Business Council (EABC) has reported a notable improvement in the movement of goods among the member states. According to John-Bosco Kariisa, the Executive Director of EABC, the movement of goods among member states has increased from 20 percent, recorded in
Read MoreRobusta coffee accounts for over 80% of Uganda’s coffee production. Coffee Berry Moth is the latest threat to Robusta production A team of researchers have found out that a caterpillar, Coffee Berry Moth, is another threat to Robusta coffee production in Uganda. Robusta coffee is believed to be indigenous to
Read MoreAn oil rig drilling oil wells at CNOOC’s Kingfisher project The start of drilling of oil and gas by the CNOOC and TotalEnergies has reignited suspicion that Uganda’s oil is already being smuggled out of the country. CNOOC Uganda Ltd began spudding or drilling wells at its Kingfisher project in
Read MoreThe Secretary to Treasury, Ramathan Ggoobi (picrured) has issued a three-month ultimatum as the time within which all Accounting Officers in Ministries, Departments and Agencies (MDAs) are supposed to process files for pensioners and retirees, so as to end the misery and anguish that public servants have been accustomed to
Read MoreA net picture of DNA testing The government has approved the Uganda Police Force's forensic laboratory for Deoxyribonucleic Acid (DNA) testing, making it the third lab in the country to be authorized to conduct such examinations. This development comes amid a surge in demand for paternity testing, with men seeking
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