The government has tasked the new Uganda Wildlife Authority (UWA) board of trustees to double the Authority's revenue collections to Shillings 200 billion. Comprising ten dedicated individuals, this board not only plays a pivotal role in advancing the development of the Authority but also oversees and supervises its activities. The
Read MoreMonth: January 2025
The Uganda government has been hailed on the progress made on transparency in the oil and gas sector, though some challenges remain, according to the Extractive Industries Transparency Initiative (EITI). EITI is the global standard for the prudent management of natural resources, which currently targets the oil gas, and mineral
Read MoreMr. Micheal Mugabi (Managing Director, Housing Finance Bank) speaking to the bank’s customers during the forum. Business enterprises, constituting over 90% of Uganda's private sector and contributing at least 20% to the GDP while employing millions of Ugandans, are pivotal drivers of the country's socioeconomic development. Nevertheless, these indispensable entities
Read MoreSome of the recovered phones A month-long sustained operation against the concealment of smart phones by returning Ugandans and visitors at Entebbe Airport has led to the recovery of 575 pieces of assorted concealed mobile phones. The operation–dubbed ‘unearth smart phones’ kicked off on 17th August 2023 following the gathering
Read MoreMedard Sseggona, the PAC Chairperson Parliament has asked the Ministry of Public Service to review the service agreement between the Government and Uganda Consumer Lenders' Association/Uganda Bankers' Association on extension of loans to public servants after numerous reports of unlawful salary deductions. The directive followed a report by Public Accounts Committee
Read MoreGov’t Asked To Fix Revenue Leakages As Uganda Earns A Paltry Shs241bn From Extractive Industry In 2020/21
CSCO members addressing the press The Civil Society fraternity under the umbrella organisation, the Civil Society Coalition on Oil and Gas in Uganda (CSCO) has called for more government commitment to the Extractive Industries Transparency Initiative (EITI). Addressing the press in Kampala on Thursday ahead of the launch of the
Read MoreMaize millers and exporters at the sensitization meeting at the UNBS headquarters in Wakiso Grain processors and traders have accused government agencies of not doing enough in the fight for quality grain and other agricultural products and exports. It comes as the government intensifies efforts to restore the market stability following the
Read MoreTilenga Oil Project Reaches New Milestone With 20 Million Man-Hours Achieved Without Lost Time Incidents
TotalEnergies EP Uganda celebrating the new milestone TotalEnergies EP Uganda has reached another key milestone on the Tilenga project - the achievement of 20 million man-hours without Lost Time Incidents (LTI). This significant industry milestone was achieved on August 10, 2023, exactly 226 days since the 10 million man-hour mark that
Read MoreWhy Islamic Banking Which Prohibits The Charging Of Interest Will Succeed In Uganda
BoU Deputy Governor, Michael Atingi-Ego (Left) and Permanent Secretary/Secretary to the Treasury, Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi at the launch of Islamic banking in Uganda The Bank of Uganda (BoU) Deputy Governor, Michael Atingi-Ego is confident that Islamic banking will succeed in Uganda. Speaking at the
Read MoreMathias Schauers said putting up a nuclear power plant costs between between 15-20 billion dollars. The Ambassador of the Federal Republic of Germany, Matthias Schauer, has advised against plans by Uganda to invest in nuclear power plants. Ambassador Schauer joins a number of local and international experts who have
Read More