Michael Atingi-Ego, the BoU Deputy Governor Bank of Uganda’s Monetary Policy Committee on Thursday maintained the Central Bank Rate (CBR) at 9.75% in order to control inflation while fostering Uganda’s economic growth and socio-economic transformation. The CBR is a benchmark lending rate for commercial banks. While issuing the Monetary Policy
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Coffee: MAAIF Asks Public To Give Information Regarding Poor Agronomic & Harvest Practices Along The Value Chain
The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has urged the public to provide information on poor agronomic and harvest practices along the coffee value chain. “I hereby urge anyone with information regarding poor agronomic and harvesting practices along the coffee value chain to immediately report it to the
Read MoreIan Rumanyika (In a grey suit), the Chairperson of Corporate Games welcomes Next Media Group aboard Corporate Games. Corporate Games Uganda has unveiled new partners ahead of the season kickoff in March. The Corporate Games Uganda is a registered sports management association that organizes corporate games, corporate runs,
Read MoreGovernment has intensified efforts to promote clean energy use and efficiency with the introduction of the Energy Efficiency and Conservation Bill, 2024. The bill tabled before Parliament by State Minister for Energy, Hon. Sidronius Opolot on Tuesday, 04 February 2024, seeks to regulate energy consumption, curb waste and enhance the
Read MoreThe Committee on Rules, Privileges and Discipline has made strict proposals for the dress code of Members of Parliament (MPs). Presented by the chairperson, Hon. Abdu Katuntu, during the plenary sitting on Wednesday, 05 February 2025, the report also came tough on the dress code for UPDF representatives in the
Read MoreThe country’s national development finance institution is lined up to receive US$275 million to accelerate socio-economic development in the country. The Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi, tabled a request for government to borrow the monies to capitalise the Uganda Development Bank
Read MoreUganda’s Telecom Industry Set For Major Transformation In 2025, Says MTN Uganda CEO
Sylvia Mulinge, the MTN Uganda Chief Executive Officer Uganda’s telecom industry is set to undergo a significant transformation in 2025, driven by emerging technologies and evolving customer demands. Speaking during a media roundtable at MTN Uganda headquarters in Kampala, MTN Uganda Chief Executive Officer, Sylvia Mulinge, said key trends such
Read MoreBy Ali Ssekatawa In his first 24 hours back in the White House, President Donald Trump signed an executive order promoting energy independence and economic growth. This order aimed to increase oil and gas drilling on federal lands by reviewing and potentially rescinding regulations considered obstacles to energy production. This
Read MoreThe women activists appearing before the Committee on Legal and Parliamentary Affairs Women Activists have rejected a proposal in The Marriage Bill 2024, seeking to open up Civil Marriages to polygamy from the current form of monogamy, arguing that the Bill only provides for men to marry multiple partners while
Read MoreRepresentatives of Sponsors at the launch dfcu Bank has today announced the inaugural dfcu Jazz in the Pearl Festival, an event that will bring the biggest national and international jazz stars together for an unforgettable jazz experience that will fuse international and African music influences. The concert will be held
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