By Jackie Tahakanizibwa The Euromonitor Illicit Alcohol Trade Report of 2021 found that the trade of licit, also known as regulated alcohol accounts for 35% of all alcohol consumed in Uganda while illicit alcohol accounts for 65%. Illicit alcohol is produced illegally, outside of the approved and regulated production processes
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The Deposit Protection Fund (DPF) has commenced the verification of documents of the company and joint account holders of ECF Uganda, the microfinance that was closed last month. The document verification exercise is aimed at facilitating payment of the deposits. This follows the completion of payment of individual depositors who had
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The late Cecilia Barbara Atim Ogwal The Electoral Commission has released the programme for the by-elections of the District Woman Representative to Parliament for Dokolo District and Councillor on various Local Government Councils in the district where vacancies exist. The by–election programme will commence with an update of the National Voters’
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There are tax incentives on irrigation related equipment Uganda Revenue Authority (URA) has urged farmers to transform their livelihoods through utilisation of the various tax incentives that are applicable to the agricultural sector. This happened at the recently concluded 3-day tax hub on Agri-business and Renewable Expo at the OPM
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Emyooga Leaders in West Nile during regional meeting (File Photo) Authorities in Nebbi Municipality are facing challenges in recouping over Shillings 540 million disbursed under the Emyooga program, a presidential initiative aimed at job and wealth creation, following the disappearance of at least 14 SACCOs without a trace. Local leaders
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Denis Okello is earning big from coffee farming Northern Uganda is increasingly becoming a new centre for coffee farming as more farmers embrace the cash crop. Traditionally, Northern region has not been part of the known coffee growing areas in Uganda. However, in 2014, Government through Uganda Coffee Development Authority
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Ramathan Ggoobi, the Secretary to the Treasury The Ministry of Finance, Planning and Economic Development has tasked banks on the transfer of the Parish Revolving Funds to Parish Development Model SACCOs. In March 2022, Cabinet directed Finance Ministry to disburse revolving funds under the PDM through the government financial institutions.
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The High Court sitting in Hoima has summoned a Swiss businessman David Ferdinand Heimhofer and his Ugandan Girlfriend Mariam Kajumba to file a defense against accusations of putting an illegal caveat on land belonging to Testimony Motors Uganda. The said land worth 5 million Dollars (19.2 billion shillings) is comprised
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The Global Environment Facility’s 186 member governments this week agreed to invest $1.1 billion for international action on biodiversity, climate change, nature renewal, and pollution control. The GEF Council, meeting in Washington, DC, approved $918 million for 45 projects and programs from the Global Environment Facility Trust Fund, including four
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High Assay Low Enriched Uranium (HALEU) is gaining popularity in some of the developed countries as a less costly fuel for putting up nuclear power plants. The current fleet of nuclear reactors runs primarily on uranium fuel enriched up to 5% uranium-235 (U-235). This fuel which comes as Uganda prepares
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