By Kenneth Egesa The Bank of Uganda's recent state of the economy report offers a snapshot of Uganda's economic health and near-term prospects. The country is having a low and stable inflation environment and a stable exchange rate on account of prudent monetary policy, coupled with robust GDP growth driven
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Activists attending the ongoing International AIDS Conference in Munich Germany have asked the manufacturer of injection Lenacapavir (LEN) which was recently proven to be safe and highly effective at preventing HIV to reduce its prices to make it affordable for all. The drug which is manufactured by a US Company
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UDB Managing Director Ms. Patricia Ojangole The Uganda Development Bank (UDB) has announced a post-tax (net) profit of Shs 49.8 billion, a 17% uplift from Shs 42.6 billion registered in 2022. The results were released during the Annual General Meeting held at the Ministry of Finance, Planning, and Economic Development
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The Uganda National Meteorological Authority (UNMA) is advising farmers to proceed cautiously and avoid being lured by current rain into early planting of seasonal crops. Throughout much of this month (July), the unusual weather patterns have sparked concerns among farming communities. Traditionally, in the southern sector, July—locally referred to as
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By Tamara Rajic The rapid advancement of artificial intelligence (AI) has captured the world's attention, permeating businesses across all sectors at an astonishing pace. Embracing AI technologies is essential for businesses to remain competitive and meet the evolving demands of customers in an increasingly digital age. AI-driven innovation is poised
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Egyptair commenced cargo flights from Entebbe to North America in February 2024/ Courtesy photo The market has positively responded to Egyptair’s cargo services from Entebbe International Airport to North America, with the Ugandan community in the USA now able to easily get access to local food from the East African
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Air pollution is increasing in Kampala/Courtesy photo The EPIC Air Quality Fund, through a gift from Open Philanthropy, will bring air quality monitors and open pollution data to some of the world’s most polluted communities. Air pollution is the number one health risk to humankind, with EPIC’s Air Quality Life Index
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Retirees during sensitization workshop Brig Gen Emmanuel Kanyesigye, the commandant of the Jinja Cantonment has warned retiring Uganda People’s Defence Forces (UPDF) Colonels and Majors have been cautioned against using their military ranks and titles to assert authority in their villages. “Transitioning from command positions can be challenging but you
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Remanded: Charles Basoga The Anti-Corruption Court in Kampala has remanded Charles Basoga, Chairperson of the Busoga Growers Cooperative Union, to Luzira Prison on charges of conspiring with three others to defraud the government of 4.0515 billion shillings intended as compensation for the Busoga Growers Cooperative Union. Basoga appeared before Acting
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All Government agencies have been urged not to recruit new staff in the 2024/25 Financial year, unless if explicit permission has been granted by the Ministry of Finance and Ministry of Public Service. The pronouncement was made by Ramathan Ggoobi, Secretary to Treasury in the 15th July 2024 Budget Execution
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