One of the Yamaha Speed Boats URA received Uganda Revenue Authority (URA) has received patrol items that will boost cross border trade and improve surveillance on water bodies. These include a two engine Yamaha Speed Boat, two double cabin motor vehicles and an x-ray baggage scanner (that is being installed today at
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BoU Governor Prof.Emmanuel Tumusiime-Mutebile Bank of Uganda’s Monetary Policy Committee (MPC) held on 14th April 2021 maintained the Central Bank Rate (CBR), a benchmark lending rate for commercial banks at 7%. BoU Governor Prof.Emmanuel Tumusiime-Mutebile said the “the economic recovery is proceeding and is stronger than expected at its last meeting
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Nangoli besides his finished products. Kikobero coffee is now exported to UK Martin Nangoli, 47, was born in a poorly managed coffee garden and isolated family in Kikobero village, Masira Sub-county in present day Bulambuli district. He says his family and village were a laughing stock because his parents were hunters whose future looked
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President Samia Suluhu of the United Republic of Tanzania and Uganda's President Yoweri Museveni Museveni at State House Entebbe. They signed oil and gas agreements The recent conclusion of key oil and gas agreements has opened up opportunities for the participation of Ugandans. Speaking at a press conference, Dr. Kitutu
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Officials from Uganda and Kenya in a group photo Officials from the Government of the Republic of Uganda and the Republic of Kenya, Monday met at the Ministry of Foreign Affairs Headquarters to discuss ways of advancing Bi-lateral trade between both countries. The Ministry of Foreign Affairs, in line with
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Migrant workers are on the rise Finance Ministry’s Microeconomic Indicator Dashboard (MIND) for February 2021, shows that active PAYE employees rose from 649,635 in January 2021 to 670,434 in February 2021. MIND is compiled by Economic Development Policy and Research Department (EDP&RD) in the Ministry of Finance, Planning and Economic
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Dr. James Mwangi, Managing Director and CEO of Equity Group Holdings Equity Group Holdings (EGH) has signed a USD $100 million loan (UShs365bn) facility to support its expansion across Eastern and Central Africa, enhancing its ability to serve small and medium enterprises (SMEs as it grows. In addition to operating
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President Samia Suluhu of the United Republic of Tanzania and her host Yoweri Museveni Museveni at State House Entebbe The government of Uganda and its Tanzanian counterpart have today signed the East African Crude Oil Pipeline agreement that effectively signals the start of the construction of the pipeline that will
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Coffee is Uganda's leading cash crop and a top foreign exchange earner/courtesy photo In a letter dated March 25th 2020, the Ministry of Finance Planning and Economic Development announced Shs490bn budget cuts from agencies and ministries which will be channeled to local governments to implement the agriculture Parish Model. The model aims
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Andrew Baker, Absa Group Chief Technology Officer Absa Group, one of the largest financial service providers in Africa, has launched a cloud incubator initiative in collaboration with Amazon Web Services Inc. (AWS), a leading cloud services provider, to enhance its cloud computing skills across its operations in Africa. As one
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