The dollar index hit an almost three-month low on Friday after strong economic data from China pushed investors toward riskier currencies and equity markets extended their rally. The dollar has fallen more than two per cent so far this month after Democratic US President-elect Joe Biden's election victory and positive
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The Minister of State for Animal Industry, Rtd. Lt. Col. Bright Rwamirama has Saturday November 28, 2020 commissioned a Liquid Nitrogen Plant At Mbarara ZARDI. The liquid Nitrogen plant worth Shs700m was procured under the National Genetic Resources Centre & Data bank (NAGRC&DB) from the Noblegen cryogenics, UK to boost
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One of the world’s most popular beverages has overcome remarkable hurdles to carry on during the pandemic. What does it take to make a cup of coffee in 2020? In what has been a strange year for those people forced to work from home, little daily habits have helped to
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The Bank of Uganda (BoU) Deputy Governor, Michael Atingi-Ego (pictured) has called upon both Government and the people of Mbale city to further support the Agricultural Credit Facility (ACF) so that Mbale becomes a productive city instead of being a consumption city, saying; “I pray that the growing demand
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Simon Kaheru, Communication and Public Affairs Director, Coca-Cola Beverages Africa, and the current chairperson of the Kampala Industrial & Business Park COVID-19 Task Force Kampala Industrial & Business Park COVID-19 task force has cautioned residents and operators in the area to continue observing safety precautions and Standard Operating Procedures in
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AFIC ED, Gilbert Sendugwa speaking to Stakeholders in a training at Fairway hotel Lack of information on electoral processes is failing Ugandans to make informed decisions on which leaders to vote, Africa Freedom of Information Centre (AFIC) has said. AFIC report conducted in July 2020 indicates that lack of information
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dfcu Bank’s Head Business Banking, Ronald Kasasa dfcu Bank in partnership with Deloitte Uganda recently held a webinar discussion with contractors in the power sector on how to sustainably recover the post-Covid-19 period. The discussion, which was highlighted by Selestino Babungi, Umeme Managing Director as the keynote speaker touched key
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Speaker Kadaga(R) in a meeting with the directors of the sugar companies Sugar companies in the Busoga region are seeking Parliament’s intervention in what they call unfair competition from sugar bonds which they accuse of unfair competition. In a meeting with Speaker Rebecca Kadaga on Wednesday, 24 November 2020, the
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Housing Finance Bank Managing Director, Michael Mugabi The Bank of Uganda (BoU) has awarded Housing Finance Bank as the best performing Primary Dealer in Uganda Government Securities for the month of October 2020. The award from BoU Governor, Prof. Emmanuel Tumusiime-Mutebile was received by Housing Finance Bank Managing Director, Michael
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Ivan Samuel Ssebadduka at CID headquarters in Kibuli. Courtesy photo Uganda's Supreme Court has jailed a former presidential aspirant for using abusive language against them, including calling them "incompetent fools". Ivan Samuel Ssebadduka was sentenced to three years in prison for contempt of court, according to local media. Mr Ssebadduka
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