Traders in Kikuubo, a busy business centre in Kampala Greater customer numbers during December fed through to higher new orders and business activity as the headline monthly Stanbic Purchasing Managers Index (PMI) rose to 54.8 from 53.4 in November. This was the highest reading since June 2023 and above the
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Hass ovacado seedlings production The National Agricultural Research Organisation (NARO) Director General, Dr. Yona Baguma has showcased the release of new crop varieties, saying 2024 will be a year of strengthening cutting-edge research and bolstering sustainable practices in the agriculture sector. The new crop varieties include Maize 63 Vita, Maize 64STR,
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Uganda’s Public debt is growing at a higher rate than the Gross Domestic Product –GDP, according to the latest Auditor General’s report for financial year ended 30th June 2023. The audit report was on Tuesday presented to the Speaker of Parliament, Anita Among by the Auditor General John Muwanga. The
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Auditor General, John Muwanga presents his report to Speaker of Parliament Anita Among as LOP Joel Ssenyonyi looks on. Uganda continues to lose 53 billion Shillings annually in salaries to workers who are either non-existent, dead, retired or absconded from duty. This is according to a special audit of the
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Auditor General John Muwanga At least 5.6 million Covid-19 vaccines, worth 28.15 billion Shillings have expired at the National Medical Stores (NMS). The expired vaccines are out of a total of 12.59 million vaccines in store, according to the latest audit report for the financial year ended June 30, 2023
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Kenyan logistics and shipping companies are facing up to double freight costs, higher premiums and delays following the attacks at the Red Sea channel. Shippers and importers say the disruptions have resulted in expensive changes to them and clients. Freight charges have gone up by between 70 percent to 100
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Dfcu bank headquarters On 8 January 2024, the UK Supreme Court ruled that it had decided not to grant dfcu bank permission to appeal in Claim No. CL-2020-000859 involving Crane Bank Limited (CBL). It should be noted that in December 2020, CBL filed a claim in the English courts challenging the transaction relating
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Luwero Chief Administrative Officer has directed five head teachers to refund over 24 million Shillings allocated under the Universal Primary Education (UPE) program. The implicated head teachers are from Kyampisi Primary School (unaccounted for 6.02 million Shillings), Kaswa Primary School (5.08 million Shillings), Kibanyi Primary School (5 million Shillings), Sambwe
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The Uganda Shilling ended the year 2023 on a stronger note having stabilized against the US Dollar, and did better than its peers in the East African Community, according to analysts. The currency strength has fluctuated between 3,767 and 3,815 to the US dollar over the last month, with the
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Street children in Kampala/Courtesy photo The Minister for Kampala Capital City Authority (KCCA), Minsa Kabanda, has called on Parliament to enact a law banning the public from giving out money to street children saying, Government is wasting a lot of money relocating the vulnerable children, who end up returning to
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