The Minister of Finance, Matia Kasaija (pictured) Thursday afternoon unveiled the national budget for Financial Year 2023/2024 amounting to Shs52.7 trillion. Under the theme ‘Full Monetisation of Uganda’s Economy through Commercial Agriculture, Industrialisation, Expanding and Broadening Services, Digital Transformation and Market Access’, the 2023/24 budget will see Uganda ‘live within
Read MoreYear: 2025
CNOOC Uganda, Contractors Of The Kingfisher Oilfield Donate Shs1.84bn To Entebbe Children Welfare School
Representatives of CNOOC Uganda and contractors of the Kingfisher Oilfield Project handing over the cheque to Entebbe Children Welfare School CNOOC Uganda Limited, in collaboration with contractors of the Kingfisher Oilfield Project, has announced a significant donation to the Entebbe Children Welfare School, an educational institution serving vulnerable and disadvantaged children
Read MoreUganda Airlines Airbus A330 at Entebbe International Airport Uganda Airlines will be operating its inaugural flight for the annual Muslim pilgrimage to Mecca on the 19th June, 2023, departing at 10:00 am EAT. “The operation of this pilgrimage flight is a milestone for the national carrier, being the first Ugandan carrier
Read MoreA woman in Gulu district attending to her maize garden/ Photo by Emmy Daniel Ojara Farmers in the Acholi sub-region are facing significant losses as the first-season yields are affected by a prolonged drought, causing crops to wither in their gardens. Maize, beans, and groundnuts have been particularly severely affected,
Read Moredfcu Bank staff donating blood during the Blood Drived organised at the Head Office, Nakasero In commemoration of World Donor Day, dfcu Bank has launched a two-day blood donation drive in collaboration with the Uganda Red Cross Society (URCS) across its branches. The inaugural drive commenced yesterday morning at dfcu Bank Head
Read MoreIRA Chief Executive Officer, Ibrahim Kaddunabbi Lubega The insurance industry has declared the direct effects of the COVID-19 pandemic on the business behind them, following sustained growth in premiums raises and claims paid. According to the figures, the industry remained on a positive growth path in 2022, with Gross Written
Read MoreThe thought of handcuffed wrists and the penalties that come with smuggling are perhaps the least of worries for most habitual smugglers. They are firm in their “get-rich-quick” missions with smuggling. In Iganga, the URA enforcement team has been gathering information on a notorious smuggler who often used porous routes
Read MoreThe 11th Parliament approved loans to a tune of US$1,259.18 million (Shs4.671Trn) in 2022 that Government moblised through external borrowing. The details are contained in the Report on Public Debt, Grants, Guarantees and Financial Liabilities for 2022/2023 that highlighted that Parliament approved 9 loans by 31st March 2023. The first loan approved by
Read MoreThe International Energy Agency (IEA) has released its latest medium-term market report, signaling a notable deceleration in the growth of global oil demand in the coming years. According to the report, current government policies and market trends indicate a 6% increase in global oil demand between 2022 and 2028, reaching
Read MoreThe war in Ukraine, alongside conflict elsewhere and climate-driven upheaval, meant more people than ever remained uprooted from their homes last year. UNHCR, the UN Refugee Agency said that has heightened the urgency for immediate, collective action to alleviate the causes and impact of displacement. UNHCR’s flagship annual report, Global
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