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
Read MoreFrancis Otucu
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
Read MoreFarmers who are into piggery business should be smiling all the way to the bank, thanks to the ever rising pork prices. A kilogram of pork averages Shs15, 000 across the country. John Malinzi, an agribusiness Consultant attributes the soaring pork prices to a number of factors including swine fever
Read MoreUganda is the 3rd country with best coffee globally, if 1,229 professional coffee tasters from around the world are to be believed. According to beanpoet, the best coffee country in the world is Ethiopia. Ethiopia’s coffees, as a group, fell higher on the scale than those of any other country.
Read MoreThe 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
Read MoreThe Minister of Agriculture, Animal Industry and Fisheries, Hon. Vincent Bamulangaki Ssempijja (pictured Left) has today 29th 09, 2020 launched the National Organic Agriculture Policy 2019 at Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) headquarters in Entebbe. The Minister was accompanied by the State Minister for Fisheries, Hon. Hellen
Read MoreWorry As Uganda’s Public Debt Hits Shs56.5 Trillion, Trend To Adversely Affect Dev’t-Report
Finance Minister Matia Kasaija has a huge task of mobilizing resources to pay back the loans The growing appetite for Uganda to borrow externally and domestically will adversely affect Uganda’s development in the long run, a new State of the Economy for September 2020 released by the Bank of Uganda
Read MoreFinance Minister Matia Kasaija (C) declaring interest rate for FY 2019/20. Looking on is NSSF Managing Director, Richard Byarugaba (R) and the Fund's Board Chairperson Patrick Kaberenge The National Social Security Fund (NSSF) has today declared an interest rate of 10.75% for the financial year 2019/2020. This was announced by
Read MorePresident Museveni (L) shakes hands with Bobi Wine. They are set to face off in 2021 polls The Electoral Commission has set up a team to handle the verification of supporters for nomination of candidates for the 2021 Presidential Elections. The verification team will start its work on Monday 28th
Read MoreEskom 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
Read More
