Kikuubo business centre/Courtesy photo During September, Uganda’s private sector saw an increases in employment and purchasing activity as demand conditions remained favourable, resulting from the continued growth of new orders and enhanced business activity. The monthly headline Stanbic Purchasing Managers Index (PMI) rose to 52.9 in September, up from 51.6
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Leisure tourists tracking gorillas in Mgahinga National Park Tour operators in Uganda are in fear of losing business because of the scandal involving the illicit sale of gorilla tracking permits. The scandal, which recently came to light, has resulted in significant losses for the Uganda Wildlife Authority (UWA), exceeding 11.2
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Johan Grobbelaar , Vivo Energy Uganda’s Managing Director gives his remarks. This was during the re - launch of the Shell Club Loyalty programme in Muyenga Kampala. Vivo Energy Uganda, the leading distributor and marketer of Shell-branded fuels and lubricants in Uganda, is excited to announce the grand relaunch of
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Key officials that participated in the Uganda - Nigeria Trade and Business Summit in a group photo Uganda Airlines will make its maiden flight to Lagos, Nigeria on October 19, 2023 and the excitement about this new strategic route is building up. Lagos is just one of the new routes
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Kalungu district authorities are under fire to explain the circumstances under, which a ghost teacher has been picking salary for the past sixteen years. The Public Accounts Committee on Local Governments in Parliament has tasked Prosy Nalumansi, the Chief Administrative Officer (CAO) to provide a detailed report on this irregularity,
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The Uganda Microfinance Regulatory Authority (UMRA) has backed the decision to ban the use of national Identity cards as collateral to secure loans from money lenders, and asked the players in the industry to look for other forms of collateral. In September 2023, Uganda Police arrested two suspects after they
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Peter Ogwang, Minister of State for Sports The Confederation of African Football (CAF) has set up six stringent conditions for Uganda to co-host the 2027 African Cup of Nations (AFCON) among which includes payment of US$ 30M (Shs112.407Bn) as hosting fees. The revelation was made by Peter Ogwang, Minister of State for
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Uganda had lower gold exports in July The Performance of the Economy Macroeconomic Policy Department Monthly Report for August 2023 published by the Ministry of Finance has revealed that Uganda’s exports dropped by over Shs300Bn. According to the report in July 2023, Uganda exported merchandise worth US$ 569.78 million (Shs2.130Trn), thus representing a
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Internal Affairs Ministry Spokesperson, Simon Peter Mundeyi Labor exporters are illegally withholding more than 8,000 passports, the Directorate of Citizenship and Immigration Control (DCIC) has revealed. Simon Peter Mundeyi, the Internal Affairs Ministry Spokesperson, says that they have been receiving complaints from mostly women whose passports have been confiscated by labour export firms.
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The Uganda Microfinance Regulatory Authority (UMRA) has backed the directive by President Yoweri Museveni to curb the exorbitant interest rates charged by money lenders by imposing cap on the rates, saying the Authority had initially left the players to impose any rates so as to let self-regulation work in the
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