Museveni greeting some of the leaders in Busia President Yoweri Kaguta Museveni has emphasized that while his government is implementing measures to lift people out of poverty, it is unrealistic for citizens to expect the government to employ everyone. According to Museveni, government jobs are structured with limited vacancies, offering
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BoU Deputy Governor, Michael Atingi-Ego Bank of Uganda’s delay in starting the purchase of Gold on the local market is because it is still building a process that will efficiently block imported products out of the project, officials say. In July, the Bank of Uganda officially announced that it would
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Chris Mukiza, the UBOS executive director Uganda’s National Bureau of Statistics (UBOS) has admitted to having errors in the number of religious and tribal indicators presented in the final census report. This comes after widespread public outcry of the census results, particularly regarding tribal numbers, where some tribes and religions
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The Minister of Science, Technology and Innovation, Dr. Monica Musenero (pictured) has revealed that Dei Bio Pharma company, is set to start exporting drugs outside Uganda at the end of this year after receiving approvals from National Drug Authority. Government has so far injected over Shs723Bn taxpayers money into the
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Christopher Legilisho, Economist at Stanbic Bank Increased advertising by companies during September played a role in sustaining strong business output and attracting new clients as the headline Stanbic Bank Purchasing Index (Stanbic PMI) dropped slightly to 54.2 compared to the 56.3 posted in August. The threshold for a positive business
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The government through the Operation Wealth Creation (OWC) is mooting plans to turn coffee growing and its production fashionable to attract the youths from Northern Uganda. The plans stem from reports that the youth who form about 22.7 percent of the country’s population and workforce as of the latest 2024
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High Court Judge Boniface Wamala of the Civil Division has awarded the family of a maid who died in Saudi Arabia in 2019 250 million Shillings. Namale Desire and her uncle Muyingo Mutasa Charles sued Horeb Services Uganda Limited the recruitment company and its director Ezra Mugisha over the death
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Annette Kiconco, the Chief Retail Banking Officer at dfcu Bank In this interview, we learn about dfcu Bank’s latest promotion that allows customers to pay their utility bills at no cost. Dubbed ‘Rates Paka Chini’, this initiative aims to ease customer expenses and support the local economy by encouraging seamless payment
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Lending activity by the banking institutions supervised by the Bank of Uganda improved in the financial year ending June 2024, with loans growing by 6.8 percent. In total, Shillings 22.6 trillion was lent out to different borrowers over the year, compared to Shillings 21 trillion for the previous year. It
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L-R: Sam Ntulume (I&M Bank Executive Director), Robin Bairstow (I&M Bank CEO), Kihara Maina (I&M Bank Regional CEO), and Edward Burbidge (I&M Burbidge Capital Ltd. CEO) at the Enjovu Family Business Breakfast in March The Enjovu Family Business Conference is back, and is slated for this Friday- October 11, at
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