Business operators at Wanseko and Panyimur landing sites in Buliisa and Pakwach districts respectively are counting losses because of the prolonged suspension of the Wanseko-Panyimur ferry services. Uganda National Roads Authority-UNRA suspended the operations of the Wanseko-Panyimur ferry in July when the water levels at its docking pier at Wanseko
Read More
Six officials of Kabale District local government have been released on police bond after refunding part of the 289 million Shillings meant for the Parish Development Model program-PDM that they allegedly embezzled. Edmund Ntimba, the former Kabale Chief Administrative Officer, Christopher Namara, the District Community Development Officer, Beda Mwebesa, the
Read More
Speaker Anita Among Parliament has removed the 20 percent excise duty on sugar confectioneries, which was imposed under the Excise Duty (Amendment) Bill, 2022. The tax had been re-introduced by parliament on May 18th, 2022, and was meant to take effect this financial year 2022/2023. But upon transmission to President
Read More
BoU Deputy Governor, Michael Atingi-Ego Commercial banks have started raising interest rates in response to the recent increase in the Central Bank Rate, the Bank of Uganda’s rate that is used to influence the cost of money on the market. Earlier this month, the industry regulator raised the rate from 8.5
Read More
Amos Lugoloobi, State Minister for Planning at the 2021/22 Budget reading The International Monetary Fund (IMF) is said to have declined to extend any further lending to Uganda until Government pays the Shs8Trn loan it acquired from Bank of Uganda. The revelation was made by Amos Lugoloobi, State Minister for Planning
Read More
Israel Arinaitwe, the Acting Head, Consumer & High Networth at Stanbic Bank Stanbic Bank customers can now expect to enjoy flexible terms when accessing loans including an increased loan tenure of up to 84 months and zero percent arrangement fees on all salary loans. The promotion is a continuation of the ‘Get
Read More
Dr Mandla Lamba Agilitee, the world’s first black-owned electric vehicle manufacturer founder Mandla Lamba has pledged to donate R10 million(UShs2.27bn) every month to the vulnerable families dotted across South Africa. Lamba said beneficiaries are those with no one working in their families. According to the philanthropist each family will receive R2500
Read More
The Speaker of Parliament, Anita Among has directed all committee chairpersons to submit attendance lists of MPs to her office, upon which warning letters are to be issued to culprits of absenteeism. Speaking to Members of Parliament during Tuesday’s morning sitting, Among indicated that she had already accessed the plenary
Read More
Sembabule district veterinary department is investigating a rare disease strain that has led to the death of several cattle in the area. The contagious disease has been reported on various farms in Mitima sub-county where farmers have lost their animals after presenting with strange symptoms. According to the farmers, the
Read More
Passengers disembarking from the Wanseko-Panyimur Ferry. The ferry operations have been suspended. Boat transporters at Wanseko and Panyimur landing sites in Buliisa and Pakach districts have increased their transport fares following the suspension of the Wanseko-Panyimur ferry operations. In July, Uganda National roads Authority-UNRA suspended the operations of the Wanseko-Panyimur
Read More
