For many years, President Museveni has been very passionate about diminishing the levels of poverty and material deprivation among the people of Uganda. The 2024 census final report shows that Uganda, as of May 2024, had 10.7m households of which 3.5m (or 33%) were living under very depriving poverty
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Henry Musasizi, the Minister of State for Finance (General Duties) Uganda’s economic outlook is positive and optimistic, the Ministry of Finance, Planning and Economic Development. has said. Henry Ariganyira Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties) made the revelation recently while updating the country
Read MoreStanChart’s Move To Exit Retail Banking: Is Uganda’s Banking Sector Too Small To Accommodate 25 Banks?
Sanjay Rughani, the Managing Director at Standard Chartered Bank Uganda Standard Chartered PLC, the parent company of Standard Chartered (StanChart) Bank Uganda announced a set of actions to concentrate resources where they “have the most distinctive client proposition, in order to better support our clients." Under this arrangement, the bank intends to
Read MoreMPs in a group photo with the trainers on IFFs A team of experts have raised concerns about the institutional capacities within Government agencies charged with fighting Illicit Financial Flows (IFFs) in Uganda, despite the various laws enacted to fight the vice. The concern was raised by Joseph Ahaisibwe, Senior
Read MoreGov’t: 1.16m Households Have So Far Benefited From Shs1.16 Trillion PDM Money, Each Parish SACCO To Get Additional Shs100m In 2025
Raphael Magyezi, the Minister for Local Government The government through the Ministry of Local Government has pledged to continue releasing Shs 100 million every year to the parishes under the Parish Development Model (PDM) Program. Local Government Minister Raphael Magyezi made the revelation on last Wednesday while updating the nation on the
Read MoreANALYSIS: Poor Financial Performance & Scandals Defined Kituuka’s Reign At Equity Bank Uganda
Anthony Kituuka, who resigned as Equity Bank Uganda Managing Director Equity Bank Uganda Limited announced the resignation of its Managing Director, Anthony Kituuka. However, to those well versed with Uganda’s financial sector, the resignation may not come as a shocker. Kituuka was appointed as Equity Bank Uganda Managing Director in
Read MoreManifesto Week: Gov’t Reveals Key Milestones In Science, Technology & Innovation As Uganda Races To Modernize Its Economy
Kayoola EV buses. Government wants to produce 500,000 Electric Vehicles and Motorcycles by 2030 The Ministry of Science, Technology and Innovation - Office of the President has reported an average of 61% achievement in as far as implementing the 2021-2026 NRM Manifesto commitments is concerned. Dr. Cosmas Mwikirize, the Superintendent
Read MoreGov’t Starts Recapitalizing NHCC To Build Low-Cost Houses For Public Servants, “Deserving Citizens”
Housing Units under construction The government has started recapitalizing the National Housing and Construction Corporation (NHCC) to build low-cost houses for public servants and other “deserving citizens.” This was one of the many commitments the Ministry of Lands , Housing and Urban Development made in the NRM Manifesto 2021-2026. While
Read MoreBy Betty Namubiru Imagine stepping into a location where you can meet all the oil and gas executives and decision makers who are driving the oil and gas sector, where the industry’s best experts are sharing insights into what made them succeed and where you have sector leads ready to
Read MorePresident Yoweri Museveni tending to his cows On the night of 19th May this year, Uganda Bureau of Statistics (UBOS) commenced the 2024 census exercise (NPHC) which lasted for 10 days. The idea was establish the number of people living and working in Uganda and quality of life they live.
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