Matia Kasaija (L), together with the Korean Minister of Foreign Affairs, Cho Tae-yul after signing the deal Ugandan Minister of Finance, Matia Kasaija, together with the Korean Minister of Foreign Affairs, Cho Tae-yul, have signed the Framework Agreement for a US$500 million (Shs1.89 trillion) loan from Korea EXIM Bank. The ceremony
Read MoreMonth: November 2024
Joyce Tibaijuka and Moses Bindeeba persons Living With HIV addressing Journalists in Mbarara City during the Media training by UAC Health experts in Mbarara City have expressed concern that people living with HIV in care are dropping out. The HIV focal person in Mbarara City, Dorcus Twinabaitu, says that many young
Read MoreLake Kyoga Papyrus in Eastern Uganda are part of heavily degraded wetlands According to the United Nations Convention to Combat Desertification, up to 40% of the Earth’s land is degraded, affecting half of the world’s population. Vital ecosystems are under threat because of severe droughts and rising temperatures. That’s why
Read MoreThe first batch of Muslim pilgrims left Entebbe International Airport aboard Uganda Airlines aircraft today Uganda Airlines is operating special flights this week for the annual Muslim pilgrimage to Mecca. The flights will be operated on 5th June 2024 and on 6th June 2024. This year, Uganda Airlines will transport 514 Muslim Pilgrims
Read MoreWorld Environment Day Highlights Our Ongoing Commitment to Sustainability—CCBA
Coca-Cola Beverages Africa has put in place systems that are environmentally friendly “At Coca-Cola Beverages Africa (CCBA), our sustainability strategy is centred around people—consumers and our employees—and driving sustainable solutions that build resilience into our business to respond to current and future challenges, while creating positive change for the planet,” said
Read MoreMakerere Ordered To Pay Shs 100 Million For Denying Prof. Jean Barya A Post-Retirement Contract
The Makerere University Staff Appeals Tribunal has overturned a decision by the University’s Appointments Board to deny law Professor, John Jean Barya, a post-retirement contract. The Tribunal, chaired by the newly appointed chairperson, Dr Henry Onoria also awarded Prof. Barya 100 million Shillings in general damages and directed the board
Read MoreMike Mugarura who had duped several civil servants including police officers/ UPF picture "Fear is the key that opens the wallets of the rich," said a thriller writer. But the reality version is now unfolding in Uganda, as an arrested conman has started revealing identities of very important persons who have
Read MoreL-R: UBA CEOWilbrod Owor, aBi CEO Mona Muguma, Deputy Governor Atingi-Ego and UBA Chairman Julius Kakeeto after launching the ESG Framework The banking industry has launched an Environmental, Social and Governance -ESG Framework, a step towards making sustainability operations mandatory. The ESG is a set of aspects, including environmental issues, social issues
Read MoreBoU Maintains Key Lending Rate High As Economy Struggles With Several Challenges
BoU Deputy Governor, Micheal Atingi-Ego (Centre) addressing the press Bank of Uganda’s Monetary Policy Committee (MPC) on Tuesday maintained the Central Bank Rate (CBR) at 10.25% for the month of June 2024. CBR is a key lending rate for commercial banks. BoU maintained the CBR at 10.25% on grounds that
Read More41 African Countries Set For Stronger Growth In 2024, Keeping Continent Second Fastest Growing Region In The World—African Dev’t Bank’s Economic Outlook
African economies remain resilient, despite challenges that are testing economies worldwide. According to the latest African Development Bank Group’s African Economic Outlook (https://apo-opa.co/3KrFNjn), 41 countries on the continent are projected to experience stronger growth rates in 2024 than they did in 2023. The report unveiled at the Bank’s Annual Meetings
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