Henry Musasizi. The Minister of State for Finance, Henry Musasizi, has defended the government’s request to borrow over UGX 1.004 trillion for the capitalization of Uganda Development Bank Limited (UDBL), citing the need to provide affordable long-term capital to Uganda’s business community. Musasizi made the remarks while appearing before
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A brand-new Suzuki Grand Vitara After years of hard work and careful planning, you're now ready to make an important purchase: a vehicle that matches your success. As you explore your options, SUVs naturally catch your eye, and the temptation of a slightly used, "premium" model is hard to ignore.
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Shan Nakanjako, the Manager Transactional Products & Liabilities at dfcu Bank In a recent interview, Shan Nakanjako, the Manager Transactional Products & Liabilities at dfcu Bank, provided insights into the bank’s latest campaign, "Sala Stress with dfcu Loans." dfcu Bank, one of Uganda’s most trusted financial institutions, has built
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A new report has revealed that only 10.3% of Seed Secondary Schools are fully staffed with staffing shortages more prevalent in critical subjects like Sciences, Mathematics, and Geography. This is contained in the Auditor General’s report for FY 2023/2024 that was presented to Parliament recently. The Government of Uganda (GoU),
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Denis Mudeni Ngabirano , the CEO NLGRB As the Uganda National Lottery marks its seven-month milestone, ITHUBA Uganda and the National Lotteries and Gaming Regulatory Board (NLGRB) reflect on a period of progress, learning, and collaboration. While the journey has come with its challenges, it has also laid the groundwork
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The crested crane's faithful nature has also made it a target for use in traditional remedies/International Crane Foundation With its distinctive golden crown, red throat pouch and slender black legs, the crested crane is beloved in Uganda - featuring on the East African nation's flag and coat of arms. All
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Uganda’s debt stock has increased by 104% over six years from USD12.55Bn in FY 2018/19 to USD25.59Bn in FY 2023/24. The Debt service cost as a portion of the National budget in the FY 2023-2024 was Shs18.56Tn (35%) of the annual National Budget of Shs52Tn. This increased from Shs8.85Tn (27%)
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Education Minister Janet Museveni releasing UCE 2024 Results The Speaker of Parliament, Anita Among, has invited the Minister of Education and Sports, Janet Kataha Museveni, to brief the House about the grading system for the Uganda Certificate of Education (UCE) results under the new lower secondary education curriculum. Promoted as
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Officials from the Ministry of Defence and Veteran Affairs before the health committee Members of Parliament (MPs) have raised concern over the capacity of the Uganda Peoples’ Defence Forces’ (UPDF) Engineers Brigade to accomplish multiple projects across different sectors, citing issues of efficiency, project timelines, and budget allocations. During an
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By John Paul Ssemyalo, CEO Pebuu Limited The bridge between agency banking and Islamic banking could revolutionize the way banking services are delivered and consumed in Uganda. When Islamic banking was introduced in Uganda, it generated a mix of skepticism and excitement. Rooted in Shari’ah principles that emphasize ethical and
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