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News

EC Extends Nomination Of Candidates For Local Govt Council Elections By Four Days

Justice Byabakama Mugenyi Simon, the Chairperson, Electoral Commission The Electoral Commission appointed the period 21st September to 1st October 2020, as the period for conducting nomination of candidates for Local Government Councils Elections 2021. Accordingly, the nomination of candidates commenced on Monday 21st September 2020, in all the one hundred

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Analysis & OpinionsBanking

BoU: Loan Defaults To Increase, Banks With Higher Lending Rates Have Small Market Share

Prof. Emmanuel Tumusiime-Mutebile, BoU Governor/ Daily Monitor Photo The Bank of Uganda (BoU) has warned commercial against unnecessarily increasing lending rates, revealing that banks with higher interest rates tend to have higher Non-Performing Loans (NPLs). This is contained in the State of the Economy report for September released by BoU

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Agribusiness

Minister Ssempijja Reveals Why Coffee Remains Uganda’s Most Important Cash Crop

The Minister for Agriculture, Animal Industry and Fisheries, Vincent Bamulangaki Ssempijja has said ccoffee exports revenue still constitute the highest proportion of the goods exported by Uganda. Ssempijja made the revelation while addressing the media today at Uganda Media Centre on matters "Food Loss and Waste in Uganda and Uganda

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News

Eskom Invests Shs500m In Nalubaale Power Station Compressed Air System

Eskom Uganda Managing Director , Thozama Gangi (C) receives project files from Filbert Kinyanda, Technical Director API Technical Services, the contractor. Looking on is Luvuyo Feni, the Eskom Uganda Technical Director. Nalubaale Power Plant has received an upgraded compressed air governor system which will improve the overall plant operations. The

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