Private Sector Credit (PSC) grew by 6.5% in June 2023 down from 9.0% in May 2023 and 10.7% in April 2023, the Bank of Uganda has said in its Monetary Policy Report for August 2023. The report says PSC declined across major sectors except for personal, trade, and agriculture. “Total credit extensions
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Parliament has asked the Government to present efforts to combat the rising prices of fuel that have rocked the country in the past week. Speaker, Anita Among, said whereas inflation had been contained, there are worrying signs with the escalation of fuel prices, which she said has the effect of
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Mobile phone-based payments for goods and services in Uganda remain low relative to subscriber numbers, a situation service providers say must be tackled to drive the cashless economy. While the country boasts more than 30 million mobile phone subscriptions, just about 20 million subscribe to mobile money platforms, and a
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A demonstration of a resuscitation procedure in an emergency room at the Centre Makerere University College of Health Sciences has received the largest high-fidelity simulation centre for training in Sub-Saharan Africa, positioning itself as a major medical centre on the continent. According to experts, only South Africa has a larger
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Nutritionists have asked farmers to revive cassava growing to alleviate poverty and fight food insecurity in Napak district. Although cassava remains the staple food for many communities in Northern Uganda, Karimojong has not yet adopted cassava growing as a food crop and the majority perceive it as a wild plant.
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Geoffrey Turyamusiima together with Saloome Aturinde the mother of the newborn baby at High Court The High Court Civil Division has ordered Rosewell Women and Children Hospital to bring to court a four-month-old baby who was retained over unpaid bills. Last month Bridgers Alinda Mugenyi and Saloome Aturinde dragged Rosewell
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A 16-year-old boy in Kisoro district is detained at St. Francis Hospital Mutolere over failure to clear 6.25 million Shillings in medical bills. Jonas Mfitumukiza, a primary six pupil at Gakenke Primary School and a resident of Mburabuturo village in Nyakabande sub-county was admitted to the hospital on February 15,
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Hon. Dominic Gidudu, State Minister for the elderly (3rd from left), Patrick Ayota NSSF MD and Faith Achieng (ISSA regional Liason officer ) receive the ISSA flag from Marcelo Abia - Ramia Caetano (center) at the launch of the EA regional liaison office The National Social Security Fund has been
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National carrier Kenya Airways (KQ) has reported its biggest half-year loss, weighed down by heavy forex losses and a pile-up of debt that have upset its turnaround plan. Despite a 56 percent growth in revenues to KSh75 billion, a 43 percent jump in passenger numbers to 2.3 million and its
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Parliament has recommended for the sacking of Geraldine Ssali (pictured), the Permanent Secretary for Ministry of Trade, Industry and Cooperatives over allegations of inflating the price for the renovation works at the Ministry Head Quarters at Farmers House in Kampala. The decision was part of the 16 recommendations contained in the report
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