The Ministry of Finance and the Japanese Government signed a grant agreement worth JPY 941,000,000 (Shs24.158Bn) that is intended for the improvement of Medical Equipment at Jinja and Soroti Regional Referral Hospitals Project. The Agreement was signed by Inoue Yoichi, the Chief Representative of JICA in Uganda and Yoshimura Tomotaka,
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Uganda Revenue Authority (URA) enforcement officers have continuously encountered traders that were out rightly smuggling goods into the country in an attempt to skip the taxes and duties that accrue to their goods of choice. The Iganga enforcement team carried out a 5-hour joint-focused operation on fast-moving products, Unilever
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Stanbic Holdings Uganda Limited (SHUL) Senior Management Officers pose for a photo during Financial results release event at Serena Hotel in Kampala. Shareholders of Stanbic Uganda Holdings are set to receive up to 280 billion shillings in total dividends payout for the year ending December 2023. This is a record-high
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Ranchers Finest staff preparing meat for processing A number of districts across Uganda have been put under quarantine for several months following the outbreak of Foot and Mouth Disease (FMD) in those areas. This means that animal products from the affected areas are not safe for consumption. However, some companies
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Housing Finance Bank Senior Management and staff with stakeholders from the vehicle and asset financing sector during the Forum Uganda’s economic growth is projected to perform at ranges of 5.5%-6.5% in the short-to-medium term premised on the projected activity in agriculture, the extractives sector, and infrastructure development, according to the recently released
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There’s need for improved water security in Africa/ Courtesy photo By Tshidi Ramogase Africa’s vulnerability to climate change was once again demonstrated in late 2023, when torrential rains swept across much of East Africa, bringing devastating floods just six months after a record-breaking five-season drought in the region. Vast areas
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Martin Tiffen, the Managing Director, EACOP Company leads a tour of the coating plant facility Uganda and Tanzania have registered yet another key milestone following the commissioning of the East African Crude Oil Pipeline (EACOP) Coating plant, nestled at Sojo , Nzege – Tabora Region in Tanzania. Ruth Nankabirwa, the Minister
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The government programs continue to be impacted by financial pressures this year, amidst dwindling low-cost financial sources and plans to reduce commercial borrowing. This is a spillover from the large (5.5 percent of GDP) fiscal deficit in 2022/2023 was larger than planned, due to a supplementary budget approved late in
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Col. Freddy Joseph Onata, the Chief Executive Officer of the UPDF's Savings and Credit Cooperative -Wazalendo, has expressed confidence to achieve their target of being a One trillion asset institution by next year. He said said the SACCO boasts a membership of over 100,000, share capital of 240bn, savings of
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Prof Samwiri Lwanga Lunyiigo Kabaka Ronald Muwenda Mutebi II has extended appreciation to author and historian, Professor Samwiri Lwanga-Lunyiigo, for his book that redefines the legacy of Kabaka Mwanga II. In a letter addressed to Lunyiigo on the occasion of his 80th birthday, Kabaka Mutebi commended him for employing exemplary
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