The Prosecution has lined up seven witnesses to testify against State Minister for Finance and Economic Planning Amos Lugoloobi who is implicated in the diversion of iron sheets meant for the vulnerable people of Karamoja. The Prosecution alleges that while at the office of the Prime Minister Stores in Namanve,
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Bank of Uganda has revealed that in 2022/2023, the volume of mobile money transactions carried out on this National Payments System amounted to Shs191.1Trn. The details are contained in the 2022/2023 annual report for Bank of Uganda that was recently released, indicating that by 30th June 2023, mobile money transaction
Read MoreUganda Registration Services Bureau (URSB) is in the process of protecting shea butter and its unique products from Northern Uganda with Geographical Indications (GI). A geographical Indication is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that
Read MoreDouble Q is now constructing a bigger assembly plant in Mpigi as regional demand grows Double Q Company Ltd has commenced construction of a new assembling plant to increase its output of mainly Sinotruk heavy goods trucks in Uganda. Currently, the company with its operations at Busega along the Northern
Read MoreJamie Dimon, the chief executive of JP Morgan Chase The world may be facing "the most dangerous time... in decades", bank boss Jamie Dimon has warned. The chief executive of JP Morgan Chase told investors that he was concerned about the risks to the economy from rising geo-political tensions. He
Read MoreOil drilling is ongoing at the Kingfisher project area The Petroleum Authority of Uganda (PAU) has lifted the suspension of works at the Kingfisher Development Area (KFDA) in Kikuube District, paving the way for the resumption of operations. This is after a fatal incident within the Kingfisher project area occurred
Read MoreAs science and technology evolve, so does the motor industry, and this is mainly driven by convenience in terms of comfort, speed, safety, and maintenance, according to Vivo Energy and private experts. While the Engine runs the vehicle, it can also contribute to all the aspects of convenience above, hence the
Read MoreUCDA encourages farmers to pick only ripe cherries Uganda Coffee Development Authority (UCDA) has announced the reopening of all primary coffee factories in the Greater Mukono, Greater Luwero, and Busoga regions, effective Wednesday, 11th October 2023. These factories had been temporarily sealed to facilitate the natural ripening of coffee cherries at the
Read MoreFarmers should watch out for pests and diseases Weather experts say that there is a likelihood of above normal (enhanced) rainfall over several parts of the country, especially over the Lake Victoria Basin and the hilly areas of Rwenzori and Eastern Region. In a September-December 2023 seasonal rainfall outlook over
Read MoreImpounded charcoal rotting away at National Forestry Authority Offices in Gulu City. Thousands of sacks of charcoal impounded by law enforcement officers in the Acholi Sub-region are rotting away, three months after the Gulu Chief Magistrates Court ordered their disposal through public auctioning. On July 12, Gulu Chief Magistrate Said
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