Uganda hopes to attract investments worth 4 billion dollars (15 trillion shillings) from her participation at COP28 in Dubai later this year. COP 28 (the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change) is scheduled for November 30 to December 12 this year. The
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State Minister for ICT, Hon. Joyce Ssebugwawo, flanked by the CEO, HiPipo, Innocent Kawooya, hands over the Banking Innovation Excellence Award to PostBank officials for their Digital Wallet Innovation, Wendi, that is utilizing digital infrastructure to advance banking and address the needs of unbanked Ugandan communities. Hardly 6 months since
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Coffee remains a key foreign exchange earner for Uganda Uganda Coffee Development Authority (UCDA) has revealed that the country’s coffee exports in October 2023, amounted to 470,080 60-kilo bags, worth US$ 78.96 million (Shs298.481Bn). This comprised of 410,113 bags of Robusta valued at US$ 66.87million (Shs252.779Bn) and 59,967 bags of Arabica valued at US$ 12.10 million (Shs45,739bn). This
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Officials from the Ministry of Health have urged the Ministry of Works and Transport to implement compulsory medical check ups for all drivers in order to improve road safety in Uganda. The revelation was made by Maria Nkalubo, Principal Operations Officer at Ministry of Health who made the remarks during
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Energy Minister, Ruth Nankabirwa. The Energy, and Mineral Development Minister, Ruth Nankabirwa, has revealed the Uganda is set to generate at least 1,000 Megawatts of nuclear energy come 2031. Uganda has a nuclear potential of up to 24,000 Megawatts. "We are looking at 50 percent renewable energy use, 40 percent
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Battling Vintage Mezzanine: Patrick Bitature The High Court in Kampala has ruled that businessman Patrick Bitature should not alter shareholding of four of his companies until it determines a loan dispute between him and his South African financiers of Vantage Mezzanine Fund II Partnership and Vantage Mezzanine Fund II Proprietary Limited. In
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Frank Tumwebaze (L), Uganda’s Minister of Agriculture, Animal Industry and Fisheries, thanked AU Member States for voting Uganda Uganda has taken over the chair of the 5th Session of Specialized Technical Committee (STC) on Agriculture, Rural Development, Water and Environment (ARDWE). Giving his acceptance Speech as Chair of the STC (2023-2025) on November
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Robert Mukiza, the Director General of UIA The Uganda Investment Authority (UIA) is scheduled to participate in the 28th Conference of the Parties (COP 28) to the United Nations Framework Convention on Climate Change. This pivotal event, scheduled to take place from the 30th of November to December 12th, 2023, brings together
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Gulu district is facing financial challenges due to a significant drop in local revenue following a presidential directive against the sale of forest products, severely impacting its economy. The District Speaker Phoebe Ayoo highlighted the directive's adverse effects on the economy, coupled with the detachment of the City from the
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The European Union, in collaboration with Germany Cooperation (GiZ), has asked Uganda to expedite the wider adoption of renewable energy within the country. Both entities stand as leading development partners in Uganda's renewable energy sector. Despite Uganda's abundance of natural resources, supportive policy frameworks, and ambitious energy targets, its progress
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