The request by Government for additional Shs66.126Bn as insurance fees for a loan borrowed in 2020 worth Shs621.171Bn for the extension of electricity in industrial parks has raised suspicions among MPs. The legislators wonder how Government just realized after 5years that the loan facility required insurance fees, arguing that this
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By Yusuf Masaba The suspension of funding to the United States Agency for International Development (USAID) by U.S. President Donald Trump administration has sent shockwaves across the globe. Many are left wondering what follows next after activities of the behemoth entity were frozen for 90-days, and its staff around the
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By Aloysious Ssendegeya Uganda, often referred to as the "Pearl of Africa," is renowned for its lush landscapes, diverse wildlife, and rich cultural heritage. However, one of its most valuable yet underutilized resources is its coffee industry. Uganda is the largest coffee exporter in Africa and the 8th largest globally,
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The Ministry of Finance, Planning and Economic Development has revealed that in December 2024, Uganda exported goods worth Shs2.634Trn with coffee, minerals and fish cited as the leading products to bring in the much-needed foreign exchange. The details are contained in the Monthly, Performance of Economy Report of January 2025
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By Christopher Burke-Senior Advisor, WMC Africa Uganda’s fisheries sector is a vital contributor to food security, employment and export earnings accounting for 3 percent of National GDP and 12 percent of the total Agriculture Sector GDP. Fisheries contribute significantly to Uganda’s National Development Plan III and Vision 2040 that aims
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Silvio Kutić, CEO at Infobip Global communications platform Infobip has released a new documentary, distributed with CBS News, showcasing its journey from start-up to the first Croatian company gaining a billion-dollar valuation without external funding. The documentary details Infobip’s exponential growth and how it has helped some of the world’s most
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UAP recently recognized its agents for the good work done in 2024. Qn: Why does Old Mutual Life Assurance consider education a key focus area for its insurance solutions? Ans: Education is one of the most powerful investments a family can make, impacting not just individuals but whole communities. Old
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Uganda is increasingly earning big from coffee exports The Ministry of Agriculture has revealed that Uganda’s coffee exports for twelve months (February 2024-January 2025) totaled 6.44 million bags worth US$ 1.62 billion (Shs5.95 trillion) compared to 6.20 million bags worth US$ 984.60 million (Shs3.62 trillion) in the previous year (February
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Participants in a group photo after the two-day dialogue Annually, Uganda churns over 700,000 graduates into the labor market, but only 90,000 secure formal employment, leaving hundreds of thousands to grapple with uncertainty of unemployment. Last week, the Mastercard Foundation held the Young Africa Works 2025 Dialogue, an event that
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Speaker Anita Among has tasked the Ministry of Education and Sports to explain why Makerere University has operated for eight years without a substantive Deputy Vice Chancellor in charge of Finance and Administration. The demands followed a concern raised by Eddie Kwizera (Bukimbiri County) during the 20th February 2025 plenary
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