John R. Musinguzi, the URA Commissioner General addressing the press Uganda Revenue Authority (URA) collected net revenue of Shs4.459 trillion in the first quarter of FY 2021/22, posting a growth of 9.57 percent in comparison to the FY 2020/21. In nominal terms, this reflects a growth in revenue of Shs389.47 billion.
Read MoreGovernor of the BoU, Prof. Emmanuel Tumusiime-Mutebile A staff team from the International Monetary Fund (IMF) led by Mr. Amine Mati conducted a virtual mission to Uganda from September 27 to October 14, 2021 to discuss the economic outlook, the budget strategy for FY2021/22, and progress with the implementation of
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Value of loan approvals fell to Shs2.26 trillion in the quarter to August 2021 from Shs2.36 tn in the quarter to May 2021 as lenders exerted caution driven by lockdown measures. This is contained in the Bank of Uganda (BoU) Monetary Policy Report for October 202. The report adds that
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Passengers boarding the Airbus ahead of Uganda Airlines’ maiden flight to Dubai on October04, 2021 Uganda Airlines on October 04, 2021 officially launched its maiden flight to Dubai in what has been described as a game-changing milestone for the national carrier. Dubai is the first international route that Uganda Airlines is
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Women MPs inspecting a flower farm owned by Rwentobo Women group in Mbarara. Women-led micro, small and medium enterprises will be supported under this programme To increase economic inclusion and empowerment of women as well as create more decent jobs in African economies, the GIZ Employment and Skills Development in Africa Programme
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Hon. David Bahati, State Minister of Finance for Planning, signs a pledge to control the trade of illicit alcohol The Uganda Alcohol Industry Association Wednesday launched an industry report that sheds light on the Trade and consumption of Illicit Alcohol in Uganda. Among other explosive revelations, the report found that
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Kumaran Pather, the Managing Director / CEO of Orient Bank Limited Subsequent to finalisation of the share acquisition transaction, I&M Group has announced plans to rebrand its newly acquired business in Uganda, Orient Bank Ltd to I&M Bank (Uganda) Limited. I&M Group PLC’s acquisition of 90% shareholding in Uganda’s Orient Bank
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UNFPA Country Rep. Suzanne Mandong (left) handsover a present to Minister of State for Gender and Culture, Hon. Mutuuzo Peace Regis after the meeting on Tuesday The Minister of State for Gender and Culture Affairs, Hon. Mutuuzo Peace Regis has today met with the United Nations Population Fund (UNFPA) Country
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John Mulimba, Minister of State for Foreign Affairs in charge of Regional Cooperation of the Republic of Uganda delivering his remarks at the ceremony. The State Minister for Foreign Affairs in Charge of Regional Cooperation, John Mulimba has said Uganda has presented her candidature for the Presidency of the Sixth
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The Minister of Education and Sports and Uganda’s First Lady, Janet K. Museveni (pictured) has highlighted several advantages that make Uganda’s Education System attractive. She made the remarks in her statement to mark Uganda’s 59th Independence Day Celebrations jointly organized by Uganda Missions abroad. In Kenya, the event took place
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