The monthly Stanbic Purchasing Managers’ Index (PMI), a measure of Uganda’s private sector business confidence, saw a slight drop from 57.4 in May to 56.4 in June, but optimism remains high on the back of improving customer demand which is sustaining growth of output due to new orders. The Stanbic
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The Higher Education Students' Financing Board (HESFB) has said the Board will not receive applications for student loans for the academic year 2023/2024. In a statement dated July 6, 2023, the Board attributed the decision to 'budgetary shortfalls." "The Board will continue to facilitate in-study Loan scheme beneficiaries while engaging
Read MoreBeverage Companies In Uganda Team Up To Set Up Organization Responsible For Recycling Initiative
Officials from beverage industry at the PRO meeting Coca-Cola Beverages Uganda (CCBU), Mukwano Industries, Harris International, Uganda Breweries Limited and PepsiCo/Crown Beverages (CBL) have joined forces with the aim of establishing a Producer Responsibility Organisation (PRO) in Uganda that will create a non-profit, industry-driven and financed environmental solution for post-consumer plastic bottles. The member
Read MoreMairungi packed for sale/ courtesy photo The government is seeking to remove Khat commonly known as Mairungi in Uganda, from the list of prohibited narcotic drugs in the statute books of Uganda. Khat is a flowering plant native to eastern and southern Africa. A dried preparation of the flowering tops or
Read MoreActionAid has raised concern about the report released by the Inspectorate of Government on the National Social Security Fund-NSSF investigations. The IGG launched a probe following more than 15 allegations involving abuse of office, corruption, and mismanagement of funds. The investigation targeted Richard Byarugaba, the former Managing Director of NSSF,
Read Moredfcu Limited Chairman, Jimmy D. Mugerwa dfcu Limited has today held its Annual General Meeting (AGM), providing a comprehensive overview of its achievements over the past year (2022) and outlining its strategic priorities for continued growth. Despite a challenging global economic environment, dfcu reported robust financial results for the financial
Read MoreThe Uganda National Bureau of Standards (UNBS) has introduced the UNBS App, which is designed to help schools and institutions detect non-certified foods and certified food suppliers. The app can be downloaded from Google Play Store and the App Store, and once installed on a phone, it provides features that
Read MoreThe coffee yield in Acholi sub-region has stagnated for the past three years. The government introduced Coffee growing in Acholi in 1999 as an alternative cash crop to cotton, in a bid to fight household poverty. However, when the war by the Lord’s Resistance Rebels intensified, many people were displaced
Read MoreOssiya faces parliament's committee on appointments chaired by Deputy Speaker, Thomas Tayebwa President Yoweri Museveni has nominated experienced accountant Josephine Okui Okwakol Ossiya, to return to the Board of the Bank of Uganda, BOU. Okui appeared before the Appointments Committee of Parliament yesterday. "I chaired Parliament's Committee on Appointments to
Read MoreMakerere University Academic Staff Association- Muasa has appealed to the University Chancellor Prof Ezra Suruma to urgently intervene and restore the University Staff Tribunal. Their appeal comes nearly two months since Suruma issued an order to the University Council, instructing them to apologize to the sacked Chairperson of the University
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