Finance Minister Matia Kasaija Parliament’s Budget Committee has queried the conflicting public debt figures submitted to the House by two government entities. In the committee report on the proposed National Budget Framework paper for the next financial year 2023/2024, Members of Parliament queried the variance in figures submitted by the
Read MoreYear: 2025
Global Coffee Consumption To Rise By 800,000 Bags As Uganda Earns Shs219bn From December Exports
Bros Coffee takes post harvest-handling seriously Uganda’s coffee exports in December 2022 amounted to 418,829 60-kilo bags worth US$ 59.54 million (Shs219bn), Uganda Coffee Development Authority (UCDA) has revealed in its recently released monthly report for December 2022. This comprised 331,476 bags of Robusta valued at US $40.55 million and
Read MoreKenya gets the bulk of eggs from Uganda Kenyan consumers are paying more for eggs as the price of the commodity shoots to a high of KSh450 (about UShs13,000) a tray from KSh380 (UShs11,000) in November, amid scarcity and expensive imports from Uganda. The sharp rise in cost has been attributed to
Read MorePresident Museveni launched the commencement of drilling of the oil wells for the Kingfisher oil field Uganda’s oil industry registered another key milestone on January 24, 2022, with the launch of the spudding (commencement of drilling of the oil wells) for the Kingfisher oil field. CNOOC Uganda Limited operates the Kingfisher
Read MoreFlavia Kabahenda (DWR Kyegegwa) is chairperson Parliament's Committee of Gender, Labour and Social Development Uganda Parliamentary Forum on social protection has decried the budget cuts on Social Assistance Grants for Empowerment (SAGE) and has asked the government to allocate Shs121 billion in the 2023/24 FY to facilitate older persons . The chairperson of
Read MoreThe late Prof. Emmanuel Tumusiime-Mutebile President Yoweri Museveni is yet to appoint a Governor for Bank of Uganda to replace the fallen Prof. Emmanuel Tumusiime-Mutebile, but he has assured the leadership of Parliament that he is still thinking about his choice and action will be taken. The revelation was made by Deputy
Read MoreCarrefour To Reward Customers With Free Shopping Worth Shs150m To Celebrate Its Third Anniversary
Carrefour celebrates 3 years in Uganda with many rewards for their customers Ugandan shoppers are set to win free shopping and enjoy massive daily discounts as Carrefour celebrates three years in Uganda from 25th January, until 12th February 2023. To mark the occasion and growth, the retailer will check out 1,000 shopping
Read MorePesapal has today launched a new Forecourt Management Solution in Uganda, Kenya and Tanzania. It is the first solution developed specifically for Africa that delivers integrated payments alongside monitoring and data tools. The Pesapal Forecourt Management Solution drives the automation of fuel and retail management processes. It seamlessly connects distribution
Read More92 Contracts Worth Shs3.7 Trillion Awarded At CNOOC’s Kingfisher Project In Less Than A Year As Ugandan Companies Share Shs995.6bn
Ernest N.T. Rubondo, the Executive Director at Petroleum Authority of Uganda says about $580 Million (Shs2.13 trillion) is expected to be invested in KFDA in 2023 Ugandans are increasingly benefiting from the ongoing oil activities . Speaking at the commissioning of spudding(Commencement of Drilling) of Kingfisher Oilfield wells on Tuesday in Buhuka,
Read MoreNSSF Posts Shs1.1 Trillion In Realized Income In Half-Year Performance, Targets Shs1.9 Trillion By End Of 2022/2023 FY
NSSF Acting Managing Director, Patrick Ayota The National Social Security Fund – NSSF Uganda is on track to achieve its key performance targets for the Financial Year 2022/2023 after its contributions collections and realized income grew by 22% and 17% respectively for half year as at the end of December
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