Speaker of Uganda’s Parliament, Rebecca Kadaga stressed the need for an Agricultural Bank to extend affordable loans to the farmers. She argues that funding from commercial banks is too expensive for the farmers and vowed to convene a joint meeting between farmers and sector ministers mainly Trade, Agriculture and Finance
Read More
Uganda will borrow from Canadian and European credit agencies to fund jet acquisitions from Bombardier Inc. and Airbus SE to revive its national airline that’s been defunct for more than two decades, reports Bloomberg. The East African country will liaise with manufacturers to access credit at concessional rates, Works and
Read More
The Police leadership has declared Assistant Commission of Police-ACP, Jonathan Baroza, a deserter and is in the process of freezing all payments to his account. The decision follows the expiry of a deadline given to Baroza to report to work or else be declared a deserter. Baroza left his duty
Read More
The Criminal Investigations Directorate and the Chieftaincy of Military Intelligence (CMI) have started fresh investigations into the assassination of Assistant Inspector General of Police (AIGP) Andrew Felix Kaweesi. The process includes the reopening of the file, reassessing the scene of the crime and tracing any possible witnesses to the shooting
Read More
India will extend over USD 400 million (1.4 trillion Shillings) in lines of credit to Uganda and Rwanda during the ongoing African Tour by Prime Minister Narendra Modi. Modi's visit kicked off in Rwanda on July 23 before heading to Uganda for a two-day visit which started today. The tour
Read More
Congolese opposition leader and former warlord Jean-Pierre Bemba, whose war crimes convictions were quashed in May, will return to the country next week to submit his candidacy for president, a party official said on Monday. His homecoming after serving a decade in prison at The Hague could dramatically shake up
Read More
By THE EAST AFRICAN Rwanda is stable and its people are happy, Chinese President Xi Jinping said on his first official visit of the country. The Chinese leader paid a two-day State visit to Kigali that began on Sunday. At a press conference on Monday, President Xi said he has
Read More
A section of youths under the Youth Power Research Uganda have petitioned Abdu Katuntu, the Chairperson of the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE), asking his Committee to ensure that Finance Minister Matia Kasaija revokes the reappointment of Justine Bagyenda, the former Executive Director in charge of
Read More
Indian Prime Minister Norendra Modi will visit Uganda beginning tomorrow July24, 2018. Ahead of his visit, Business Focus looks at the bi-lateral relationship between the two countries. Firstly, India earns millions of dollars from her exports to Uganda. According to latest figures released by Bank of Uganda (BoU), Uganda spent
Read More
Uganda’s new envoy to the Republic of Ghana, Amb. Nelson Ocheger has called for the scaling up of commercial cooperation between the two countries so as to spur investment in agriculture and animal husbandry, mining, fishing and infrastructural development. Amb.Ocheger stated this while meeting the President of the Republic of
Read More
