Passengers checking in at Entebbe International Airport Entebbe International Airport recorded a total of 196, 211 International passengers in January 2024, Uganda Civil Aviation Authority (UCAA) has said. Vianney M. Luggya, the UCAA Spokesman, says this comprised 99,216 and 96, 995 arriving and departing passengers respectively. “This reflects an average of 6,
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Farmers are currently enjoying higher prices. Coffee is Uganda’s leading cash crop and a major foreign exchange earner/Photo taken at Heritage Kanaani Farms Uganda’s coffee exports in January 2024, amounted to 481,586 60-kilo bags, worth US$ 85.57 million (Shs331.7bn). This is contained in the Uganda Coffee Development Authority (UCDA) monthly report
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Dr. Tumubweine Twinemanzi, the Executive Director, Supervision at BoU Uganda’s banking sector performed better in 2023 compared to 2022 as the economy continues to recover from the COVID-19 impact. According to Uganda Bureau of Statistics, GDP grew by 5.2% in FY 2022/23, from 4.6% in FY 2021/22. Bank of Uganda
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Michael Atingi-Ego, the Deputy Governor at the Bank of Uganda The Bank of Uganda (BoU) has kept the Central Bank Rate (CBR), a benchmark lending rate for commercial banks, unchanged at 9.5%. This is after both headline and core inflation rose in January 2024 to 2.8% and 2.4%, from 2.6%
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President Yoweri Museveni last year launched spudding of oil wells at Kingfisher oil project operated by CNOOC in Kikuube District The Government of Uganda has revealed that negotiations for the financing and construction of the country’s USD 4 billion (Shs15.26 trillion) domestic refinery began this month after Alpha MBM Investments
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EFC Uganda offices The Bank of Uganda (BoU) has effective today, 19th January 2024, placed EFC Uganda Limited under liquidation, revoked its license, and ordered for the winding up of its affairs. This is in exercise of its powers under Sections 72 (1) and 12 (1) (d) & (g) of
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African countries are increasingly importing Uganda coffee Uganda is Africa’s leading coffee exporter. It’s also the second leading coffee producer in Africa after Ethiopia. Uganda Coffee Development Authority’s monthly reports indicate that over 60% of Uganda’s coffee exports go to Europe and the rest is shared by Africa, Asia and
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Passengers boarding Uganda Airlines' Airbus aircraft at Entebbe International Airport Government is set to increase Uganda Airlines budget by Shs34.9 billion in 2024/25 Financial Year. The budget increase is entailed in the report of the Committee on Physical Infrastructure on the National Budget Framework Paper for the Ministry of Works
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Coffee remains Uganda’s leading cash crop and a top foreign exchange earner Uganda’s coffee exports for the twelve months (Calendar year 2023) totaled 6.12 million bags worth US$ 965.14 million (UShs3.67 Trillion) compared to 5.63 million bags worth US$ 860.45 million in the previous period (Calendar year 2022). The revelation
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Carolight is one of the banned products in Uganda Uganda National Bureau of Standards (UNBS) says it maintains the ban on cosmetics that contain mercury and hydroquinone in Uganda, in line with its mandate of protecting the public and environment against harmful and dangerous and sub-standard products. A previous survey
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