Part of the land where Pioneer Buses were kept, they have since been removed. Photo by Fahad Muganga All Pioneer buses that had occupied part of the Mandela National Stadium grounds in Namboole have been removed in preparation for the 2026 World Cup qualifying games. Uganda Cranes was recently cleared
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The Ministry of Finance, Planning and Economic has revealed that in March 2024, Uganda imported merchandise worth US$1,037.84Bn (Shs3.946Trn) from US$909.54 million (Shs3.458Trn) in February 2024, indicating an increase of 14.1% of goods imported into the country. The details are contained in the Performance of the Economy Monthly Report for
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The Egyptian delegation visiting NARO facilities for vaccine production The Ministry of Agriculture, Animal Industry, and Fisheries will today receive 3 million doses of Foot and Mouth Disease (FMD) vaccines from Egypt to bolster efforts to curb the current outbreak affecting some parts of the country. This was confirmed today in
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As digitalization connects the world, cybersecurity is becoming more important than ever before. In the news, we’ve seen an increase in cyberattacks aimed at critical infrastructure such as energy, healthcare, and transportation. These attacks have affected the lives of millions of people around the world. Meanwhile, as a result of the
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dfcu Bank MD, Charles Mudiwa dfcu Limited is celebrating 60 years of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses in Uganda’. dfcu was established in 1964 as a development finance institution and since then, has contributed to national socioeconomic transformation, growing together with Uganda since
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The UBA Executive Committee 2024/2025; L-R: Wilbrod Owor (ED, UBA Secretariat), Sanjay Rughani (CEO, Standard Chartered), Micheal Mugabi (MD/CEO, Housing Finance Bank), Julius Kakeeto (MD, Post Bank), Patricia Ojangole (MD, Uganda Development Bank), Edgar Byamah (MD/CEO, KCB Bank), Shafi Nambobi( CEO, UGAFODE) and Mumba Kalifungwa (MD/CEO, Absa Bank). Micheal Mugabi,
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Moody's Ratings (Moody's) has downgraded the Government of Uganda's long-term foreign-currency and local-currency issuer ratings to B3 from B2 and changed the outlook to stable from negative. The downgrade of the ratings reflects diminished debt affordability and increasingly constrained financing options, amid greater reliance than in the past on comparatively
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Geraldine Ssali (Left) and officials from trade ministry appearing before PAC The Permanent Secretary of Ministry of Trade, Industry and Cooperatives, Geraldine Ssali has clashed with MPs on the Public Accounts Committee (PAC) over the December 2023 Auditor General’s report. MPs halted the consideration of the Ministry of Trade’s December 2023
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Last week, URA ‘s team one commenced a two-week long joint operation with Uganda Traffic Police and the Military. The operation targeted foreign registered motor vehicles, those with red plates (tax exempted vehicles), duplicate number plates and forged ones. Following intelligence reports, a number of check points were staged around
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Finance Minister Matia Kasaija will formally read the budget for FY 2024/25 in June Parliament last Thursday approved the Shs72.13 trillion budget for Financial Year 2024/2025, up from Shs52.736 trillion budget in FY 2023/24. The theme for FY 2024/25 remains “Full monetization of Uganda's Economy through Commercial Agriculture, Industrialization, Expanding
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