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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The Ugandan team (Left) meeting representatives from Brazil, Iceland, Algeria and Benin Uganda has concluded new Bilateral Air Services Agreements (BASAs) with Brazil, Iceland, Algeria and Benin, bringing the total number of BASAs to 56. According to Uganda Civil Aviation Authority (UCAA), the agreements were concluded at the ICAO Air Services Negotiation
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Uganda is earning big from coffee exports The Uganda Coffee Development Authority (UCDA) has revealed that Uganda earned Shs256.6bn in November 2023. The details are contained in the Authority’s monthly performance report for November that highlighted, “Coffee exports in November 2023 amounted to 425,526 (60kilo bags) worth US$ 70.68 million
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Isaac Ntambi is the new National Barista Champion after three unsuccessful attempts Isaac Ntambi was on 29th November 2023 declared as the winner of the the 13th Uganda National Barista Championship after beating competition from 42 other participants. The competition, organised by the Uganda Coffee Development Authority (UCDA), gives participating baristas
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Nsibirwa replaces Tony Glencross, who will leave the company on December 22, 2023. Susan Nsibirwa has been appointed as the Managing Director at Nation Media Group Uganda (NMG-U) effective January 2, 2024. Nsibirwa replaces Tony Glencross, who will leave the company on December 22, 2023. The Group Chief Executive Officer,
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Planes at Entebbe International Airport Uganda Civil Aviation Authority (UCAA) has revealed that Entebbe International Airport recorded 1,562,407 international passengers from January – October 2023 compared to 1,293,866 passengers registered over the same period in 2022. Before COVID outbreak, Uganda recorded 1,470,488 passengers from January – October 2019. It should
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Demand for credit grew in value terms to Shs8.70 trillion in December 2023 from Shs6.03 trillion in October 2023, the Bank of Uganda has said in its Monetary Policy Report for December 2023. “Supply over the same period also grew to Shs5.10 trillion from Shs3.87 trillion,” BoU says, adding: “Total credit extensions
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The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR), a benchmark lending rate for commercial banks, at 9.5% so as to keep inflation within the Central Bank’s target of 5%. While issuing the Monetary Policy Statement for December 2023 at BoU headquarters in Kampala on Wednesday, December
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