Italy has warned Uganda against the increasingly changing tastes and preferences for foreign-made products especially food, saying it will in the long run affect the economy. Italian Ambassador to Uganda, Massimiliano Mazzanti says Ugandans, especially the younger population are increasingly going for exotic consumer products, yet similar ones are
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Minister for Public Service, Muruli Mukasa Local Government workers under their umbrella the Uganda Local Government Workers Union (ULGWU) have commenced their industrial action to compel the government to enhance their salaries. In his July 13, 2022 letter to ULGWU members, the Union Secretary-General, Hassan Lwabayi Mudiba, says that they
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Government has revealed that the Shs202.13bn required to bailout Roko Construction Company will be borrowed from Trade Development Bank. Henry Musasizi (pictured), State Minister for Finance-General Duties made the revelation while appearing before Parliament’s Finance Committee to defend the motion by Government seeking Parliament’s approval to buy shares in Roko.
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EAC Heads of States during the Signing Ceremony of Treaty of Accession by the Democratic Republic of the Congo to the East African Community at State House, Nairobi. PHOTO | PSCU The Democratic Republic of Congo on Monday completed the last and most important step of joining the East African
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Bankers have apologised to small and medium enterprises (SMEs) over the management of the government COVID-19 relief package and other similar co-funded programs. These include the Agriculture Credit Facility, which is aimed at helping farmers access cheaper credit and the Small Business Recovery Fund announced mid-last year as a rescue package
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Trucks Parked at Elegu Border point in Amuru District Hundreds of trucks have piled up at Elegu Border point in Elegu Town Council in Amuru District following violence that erupted across the South Sudan border town of Nimule on Monday. Traffic came to a standstill for the better part of
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Prime Minister Robina Nabbanja (pictured) has told off people who criticized Secretary to Treasury, Ramathan Ggoobi for firing ‘incompetent’ Town Clerks and Accounting Officers to leave government to clean up the mess in poor service delivery in many local governments. “You are aware that we have a law in place that informed the
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Over 580 people have reportedly lost their lives to starvation in Karamoja Cabinet has approved a plan to spend Shs135bn in the purchase of food to feed people from Karamoja sub-region in the next three months. This was revealed by the Prime Minister, Robinah Nabbanja following reports that over 580
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L-R: Officials from Roko including Joseph Kibuuka, Mark Koehler, Jacob Batte appearing before Finance Committee Roko Construction Company Limited has warned Parliament that if the request by the company to have government inject Shs202.13bn in the struggling construction giant would likely crash Uganda’s economy and affect operations of some commercial banks
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The banking industry is worried over the rate at which the cost of living in Uganda is rising threatening the recovery of the economy. The Uganda Bureau of Statistics reports that headline inflation steadily increased to 6.8 per cent at the end of June, from just 2.7 per cent in
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