Dr. Michael Atingi-Ego, the Deputy Governor, Bank of Uganda MPs on Parliaments National Economy Committee have cast doubt on the figures submitted by Bank of Uganda (BoU) showing that Uganda’s economy grew by 6.8% in the year ending June 2023, questioning why this purported growth isn’t reflected in the lives of average Ugandans whose
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L-R: Hon. Richard Kaijuka, the Chairman Board of Trustees of Uganda Chamber of Mines and Petroleum, and Humphrey Asiimwe, CEO of UCMP addressed a news conference at Kampala Serena Hotel on Oct.24 The 12th Annual Mineral Wealth Conference is set to take place next week from October 30th to 31st at Kampala Serena Hotel.
Read MoreUganda wants to produce 20 million bags of coffee by 2030 with focus on value addition Uganda is determined to achieve 20m 60kg bags of coffee by 2030 as the country employs different measures to ramp up production and productivity. This target is contained in the National Coffee Roadmap that
Read MoreEFC Uganda will starting from October 24rd, 2023 embark on the process of closing down five of its business service centers to help streamline business processes while leveraging on partnerships in the banking sector. A statement from the microfinance institution says “This strategic decision will only affect EFC’s Non-deposit taking facilities, with
Read MoreSarah Babirye Kityo, the embattled Uganda Netball Federation President Parliament has recommended for the change in leadership at both the Uganda netball Federation and Uganda Boxing Federation as a condition for these two bodies to ever receive any additional funding from Government. The details are contained in the report by Parliament’s
Read MoreCourt Of Appeal Can’t Save Aya: Pearl Of Africa Hotel To Be Auctioned Over Shs1.12 Trillion Loans
Aya Investments Limited which belongs to businessman Muhammad Hamid Aya Investment Limited, which owns Pearl of Africa Hotel Kampala has again lost a bid to stay the execution of an order to auction the hotel for non-payment of loans amounting to over US$ 300 million (Shs1.12 trillion). Three Court of
Read MoreLawmakers have raised concern over the failure by Uganda Revenue Authority to collect Shs240.628Bn in Value Added Tax (VAT) on rice imported into Uganda from other East African Community (EAC) countries due to prolonged legal battle playing out in courts of law. The concerns were highlighted in the report by Parliament’s Committee
Read MoreAgroecological Week Of Action Kicks Off In Kampala, Traditional Foods & Indigenous Seeds To Be Showcased
Organizers addressing the media today PELUM Uganda in collaboration with the Government of Uganda (the Ministry of Agriculture, Animal Industry and Fisheries and the Ministry of Trade, Industry and Cooperatives) and on behalf of the National Agroecology Actors on Monday October 23, 2023 announced that the National Agroecology Week of
Read MoreThe hospital was officially opened by David Bahati (Centre), the state Minister for Trade The Government of Uganda has been called to uniformly implement tax exemptions on medical equipment being imported into the country. The call was made on Saturday by Dr Henry K. Lukwago at the launch of the George
Read MoreHead of Legal I&M Bank Uganda, Natalie Kironde (Right) was part of the top female legal personnel at the awards and dinner ceremony. The Fifth edition of the Uganda Law Society Female Lawyers Conference & Awards took place last Friday at the Rwenzori Ballroom, Sheraton Kampala Hotel. Organised under the
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