The Uganda Shilling continues to trade under pressure from the US dollar as demand for the US currency rises above the supply, according to experts. On Monday, the local currency opened trading at Shillings 3,815.63 buying and 3,825.63 selling according to the official rates issued by the Bank of Uganda,
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The Joint Program for Data and Statistics (JPDS) unveiled by the Uganda Bureau of Statistics -UBOS, UN Agencies is poised to revolutionize Uganda's data and statistical processes to eliminate silos in data collection. Uganda's data and statistical value chain face numerous challenges at all levels, ranging from collection and production
Read MoreScammers are increasingly innovating new ways of stealing from Ugandans. The latest trick is using registered online lending platforms to defraud Ugandans of their hard-earned money. The registered online platforms start by lending out small amounts of money, ranging between Shs15,000-50,000. "Dear Client, because of your good reputation, we have upgraded your record," they
Read Moredfcu Bank headquarters in Kampala The Assistant Registrar of the High Court (Land Division) on Friday issued a ruling mandating dfcu Bank to hand over the 48 properties that had been transferred to the entity by Bank of Uganda (acting as then Receiver of Crane Bank Limited [CBL]) as part of
Read MoreKabarole Research and Resource Centre- Uganda has acquired a credit facility worth 572 million shillings from the Micro finance support centre-MSC to help support the growth of diary sector in Tooro region. The facility will be used to purchase 60 in-calf heifers that will be given to selected farmers in
Read MoreGovernment will soon conduct an operation against fuel station operators who have violated the set establishment standards. These are mainly those that have constructed stations in road reserves and closer to each other than what the regulations stipulate, according to the ministry of Energy and Mineral Development and the Uganda
Read MoreThe Minister of state for trade, industry and cooperatives, David Bahati has assured farmers of stable prices in the newly tabled sugar amendment act. While addressing journalists in Jinja city on Saturday, Bahati says the existing sugar act had depicted sugarcane prices to be dependent on sugar prices in the
Read MorePresident Yoweri Kaguta Museveni who is also the National Chairman of the National Resistance Movement (NRM) on Friday met the party's parliamentary caucus at State House, Entebbe. During the meeting, the President and the Members of Parliament discussed the Rationalization of Government Agencies and Public Expenditure (RAPEX). “This subject we
Read MoreWorks Minister, Katumba Wamala (R),Deputy Attorney General Jackson Kafuuzi (C) and Committee Chairperson, Dan Kimisho confer during the debate on the bill Parliament has passed the Civil Aviation Authority (Amendment) Bill, 2024 that will bring Uganda’s aviation authority in conformity with the Convention on International Civil Aviation. This follows the
Read MoreUganda requires an annual vaccine stock of 88 million doses for the bi-annual vaccination requirement The Minister of Agriculture, Animal Industry and Fisheries, Frank Tumwebaze, has said that the government plans to eradicate Foot and Mouth Disease and not just control it. Foot and Mouth Disease (FMD) is a highly
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