Parliament of Uganda has Friday in an unprecedented manner passed the 2019/2020 financial year budgetary estimates amounting to Shs40.48 trillion without debate on the Budget Committee Report. The report was presented on Thursday afternoon by the committee Chairperson Amos Lugoloobi. The 2019/20 Budget has a 20% increment compared to last
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Coca-Cola Beverages Africa (Uganda) has officially commissioned a brand new US$10million (Shs38 billion) manufacturing Line to enable them bottle more Rwenzori Pure Natural Mineral Water. The new bottling line at the Coca-Cola Beverages Africa (Uganda) Namanve site operated by Century Bottling Company has a capacity of producing 24,000 bottles an
Read MoreTheresa May has said she will quit as Conservative leader on 7 June, paving the way for a contest to decide a new prime minister. In an emotional statement in Downing Street, the United Kingdom Prime Minister said she had "done my best" to honour the 2016 EU referendum result.
Read MoreA new report has revealed that government is threatening to deplete oil revenues from the Petroleum Fund even before production kicks off. The Report of Budget Committee on 2019/20 budget estimates released this week further adds that government is spending the funds without an investment plan which is contrary to
Read MoreUganda’s growing appetite to borrow both domestically and externally has seen the country’s public debt hit Shs43 trillion in record time. According to the Report of Budget Committee on 2019/20 budget estimates released this week, the accumulating public debt points to increasing vulnerabilities to the country. The report that was
Read MoreBeekeeping is among the most profitable agribusinesses in Uganda. As we continue to celebrate the World Bee Day, Ministry of Agriculture, Animal, Industry and Fisheries (MAAIF) takes this opportunity to encourage all Ugandan farmers to take beekeeping as a serious alternative business. There could also be other things connected to
Read MoreHuawei Founder and CEO Mr Ren Zhengfei (in featured photo) expressed confidence in the company’s business and capacity, saying the company had been preparing in anticipation of situations as of now, and it is well- prepared. “We will certainly be able to continue serving our customers. Our production capacity is
Read MoreThe management of Nakayima Cultural Site in Mubende district has come under contention with several groups of people, individuals, cultural institutions and local governments claiming responsibility for the historical place, URN reports. Claimants include Buganda and Bunyoro Kingdoms, Mubende municipality and a group of people known as Basazima, who are
Read MoreIndian PM Narendra Modi has secured another five-year term after winning a landslide general election victory. His Bharatiya Janata Party (BJP) looks set to win about 300 of the 543 seats in parliament, in what Mr Modi hailed as "a historic mandate". The main opposition alliance, which is headed by
Read MoreUgandan police have arrested a 25-year-old British man and two Ugandans for allegedly taking part in a miracle cure scam. Sam Little, Samuel Albert and Samula Tadeop were arrested early on Thursday morning in the town of Fort Portal in western Uganda. They are accused of giving Ugandans a chemical
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