Bill and Melinda Gates Tuesday shared their 2018 Annual Letter, "The 10 Toughest Questions We Get." In this year's letter, the tenth one that they've written, Bill and Melinda respond to 10 tough questions they've received over the years from nonprofit partners, government leaders, the general public - and supporters
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The Minister of Trade, Industry and Cooperatives, Amelia Kyambadde has revealed that smuggling of tax free sugar into Uganda is killing the sector. The minister made the remarks on Tuesday in her presentation to Parliament on the importation of one million tons of duty free sugar from Kenya. “Smuggling of
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Ecobank Uganda has partnered with various entities to increase its offering for its premier banking customers across different segments. The bank has partnered with TPS Uganda that is Kampala Serena Hotel, Lake Victoria Serena Golf Resort and Spa, Nina Interiors- one of the leading furniture shop in Uganda, Prudential Insurance
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Technology is increasingly changing the way people transact business world over. According to Uganda Communications Commission (UCC), Uganda has over 13 million internet users, a development that has seen many businesses go online. It is against this background that a number of banks are embracing digital banking that will in
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Prof. Emmanuel Tumusiime-Mutebile, the Bank of Uganda (BoU) Governor will tomorrow issue the Monetary Policy Statement for the month of February. BoU stayed the Central Bank Rate (CBR), a benchmark lending rate for commercial banks for the month of December at 9.5% on account that core inflation is projected to
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The Ministry of Health has embarked on a drive to dispose of expired and obsolete medicines and other health supplies from 6, 619 health facilities in Uganda, both Government owned and Private Not for Profit. Addressing the press on Monday morning at Uganda Media Centre, Dr. Diana Atwine, the Permanent
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Ugandan banks have been cautious towards lending to the private sector in recent years due to high Non-Performing Loans (NPLs) that have plagued the banking sector. NPLs have largely been attributed to the sluggish economy that has seen many borrowers fail to pay back their loan obligations, leaving many banks
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The Uganda Shilling was stable backed up by improved forex inflows in a market characterized by very low corporate demand. Trading was in the range of 3637/3647. In the Interbank money market, overnight funds traded at 8% while one week money traded at 9:50%. In the fixed income market, trading was
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URA FC has unveiled 7 players signed in the January Window ahead of the next half of the season. These are: Herman Wasswa, 23, (Forward) from Lusaka Dynamos, Deboss Kalama, 28, (Forward) from Kira United FC, Godfrey Ssembatya, 20, (Midfielder) from Nangabo Green Valley, Sadrach Ssebulime, 21, (Goal Keeper) from
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The Minister of Finance, Planning and Economic Development, Matia Kasaija has joined the ‘mushrooming’ radio business in Uganda. Karuguuza Development Radio (KDR) is airing on frequency 100.3fm. It went on air last month. There are unconfirmed reports that he owns it with two other businessmen. Appearing on the station for
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