Twenty-five youth-led agriculture sector companies from 14 African countries have advanced to the finalist round of the African Development Bank Group’s 2022 AgriPitch Competition. The Bank, in collaboration with the implementing lead Private Equity Support and partner organizations Eldohub and the Private Finance Advisory Network, announced the 25 finalists for
Read MoreYear: 2025
Sharp, Long-Lasting Economic Slowdown To Hit Developing Countries Hard -World Bank
Economic growth in emerging markets and developing economies will be hit hard over the next two years, according to the World Bank’s latest Global Economic Prospects report. Globally, growth continues to slow sharply due to rising inflation and interest rates, reduced investment, and supply disruptions caused by Russia’s full-scale invasion
Read MoreThe Uganda Heart Institute has revealed that there are 500 babies struggling with heart complications and require surgery, but all of these have been put on the waiting list until the hospital acquires enough funds to treat the children of their heart conditions. The revelation was made by John Omagino,
Read MoreThe National Medical Stores (NMS) has revealed that it needs 298.5 billion shillings to be able to stock adequate drugs in hospitals across the country. The revelation was made by Moses Kamabare (pictured), the General Manager at National Medical stores while appearing before Parliament’s Health Committee to present the budget framework paper
Read MoreJohn R. Musinguzi, the URA Commissioner General Uganda Revenue Authority (URA) has revealed that tax exemptions are likely to cost the Authority Shs2.88 trillion in revenue in the Financial 2022/2023. The revelation was made by John R. Musinguzi, the URA Commissioner General, while appearing before Parliament’s Finance Committee where the Authority had been summoned over the
Read MoreURA Commissioner Generl, John R. Musinguzi before the Committee on Tuesday. The Uganda Revenue Authority (URA) has appealed to Parliament to avail the Tax Body with Shs1Bn for the treatment of Covid-19 as well as the treatment of staff and their families with HIV/AIDs in FY2023/2024. The request was made
Read MoreHuawei ICT Competition 2022/2023: Gulu, Kabale, Makerere, Kyambogo & Muni Universities To Represent Uganda At Huawei Africa Regional Finals In South Africa
At least five universities will be representing Uganda at the Africa regional finals of the Huawei ICT Competition 2022/2023 in Johannesburg South Africa. The Universities include; Gulu, Kabale, Makerere, Kyambogo which will represent Uganda in Network Track whereas Muni will represent the country in Cloud track. "In total Uganda shall
Read MoreAs Uganda awaits to be officially declared Ebola-free, the World Health Organisation (WHO) says close to 80 million US Dollars has been spent to halt transmission of the viral disease whose outbreak was declared in September. Dr Tegnen Woldermariam, the WHO Uganda representative says that donors including individual countries and
Read MoreDeputy Governor of the Bank of Uganda, Micheal Atingi-Ego The government is set to pay 2.5 trillion Shillings in matured securities to the Bank of Uganda. Micheal Atingi-Ego, the Deputy Governor of the Bank of Uganda told the finance committee of Parliament that the money remained outstanding at the end
Read MoreThe Board of Directors of dfcu Bank Limited has appointed William Sekabebme as the interim Chief Executive Officer. In a notice to the Bank's shareholders, Board Chairman, Jimmy D. Mugerwa and Ligomarc Advocates said: “Mr. Mathias Katamba, Chief Executive Officer and Managing Director of dfcu Bank Limited (a subsidiary of
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