South Sudan’s opposition leader Riek Machar who had been leading a rebellion against President Salva Kiir signed a peace deal in August 2018. Consequently, Machar returned to Juba for the first time since he fled into exile in 2016 in October 2018 to attend the country’s Peace Day celebrations. Under
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The Petroleum Authority of Uganda (PAU) organised the first Regional National Content Conference for suppliers in the Oil and Gas Sector at the Hoima Resort Hotel, Hoima on 12th March, 2019. The objective of the conference, which was attended by close to 400 participants, was to engage and disseminate information
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Two homegrown African seed companies top the 2019 Access to Seeds Index for Eastern and Southern Africa, for playing a key role in raising smallholder farmer productivity, according to new research by the Amsterdam-based Access to Seeds Foundation. Kenyan company East African Seed and Seed Co., placed first and second
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The Uganda shilling lost ground earlier in the week on account of elevated demand from energy firms, manufacturing and importers. However, mid-week the unit stabilized on receding demand and traded in the range of 3700/3710 during the week ending 15th March 2019. In interbank money markets, overnight funds traded at
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The financial services sector has been challenged to adopt a shared technology services delivery model, thereby cutting down the cost of doing business and pass on those benefits to customers in form of reduced cost of lending. The call was made by Dr. Tumubweine Twinemanzi, the Executive Director Supervision, at Bank
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The e2 Young Engineers Uganda, the first ever practical Science, Technology Engineering and Math (STEM) programme for children aged 4-15 years using a LEGO curriculum has been unveiled in Uganda. Launching the Programme yesterday in Kampala, the African School of Innovations Science and Technology (ASIST) Limited’s Managing Director, Arinaitwe Rugyendo
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Uganda Revenue Authority (URA) has canceled VAT registration of 1,551 taxpayers. The cancellation took effect on 28th of February 2019. The full list of VAT deregistered persons can be accessed by clicking here. URA says the cancellation has been made in accordance with section 9 of the Value Added Tax
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Recently, an acquaintance observed an unfamiliar trend in Uganda’s supermarket business. He noted that out of five or so supermarkets that have been operating from Biina to Port bell, only two supermarkets are now in business. The spaces of those that have died out have since been replaced by sports
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With the Tourism Industry undoubtedly cementing its position as the most important sector of the economy, Uganda Tourism Board (UTB) has identified key international expos that it hopes will be instrumental in attracting more tourists to the country. It is against this backdrop that a delegation comprising over 30 Uganda
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The move by Rwanda to block Ugandan cargo trucks and buses from crossing to the neighbouring via Katuna and Chanika border points has left traders counting losses. Rwanda blocked cargo trucks and buses since Wednesday last week, to reportedly pave way for upgrading the One Stop Border Post at Gatuna
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