President Yoweri Museveni has said he is optimistic that the economy of Uganda will grow sustainably as government has now got the facts. The President was speaking at the opening and review of the 5th phase of the Presidential Investors’ Round Table (PIRT) that took place on Wednesday at State
Read MoreNews
Bank of Uganda (BoU), the regulator of Forex bureaus has said Amin Forex Bureau Exchange Ltd is no longer allowed to transact business after its license expired and wasn’t renewed. In a statement issued on Wednesday December 6, 2017, BoU Deputy Governor Dr. Louis Kasekende said: “Amin Forex Bureau Ltd
Read MoreAfrican Centre for Media Excellence (ACME) condemns the high-handed manner in which the state has treated the directors and editors of Red Pepper, who have been in detention for two weeks. In a press statement issued on Thursday, ACME says the continued shutdown of Red Pepper and its affiliate titles
Read MorePlastic Recycling Industries, run by Coca-Cola Beverages Africa (CCBA) Uganda in Nakawa, Kampala, Wednesday signed a Memorandum of Understanding with a Plastics Collection Centre in Masaka to cover Western Uganda. The PRI Factory has processed more than2,000 tonnes of plastic waste so far this year alone. Signing on behalf of
Read MoreUganda’s Health Ministry has revealed that it is true that Cabinet discussed the issue of hiring doctors from Cuba at the time Doctors were striking. State Minister for Health-General Duties Sarah Opendi made the revelation on Wednesday while appearing before the Parliament Committee on Health. This is after e MPs
Read MoreConflict has forced 1.7 million people to flee their homes in the Democratic Republic of Congo this year, causing "a mega-crisis", aid agencies say. This means that for the second consecutive year, DR Congo is worst-affected by conflict displacement in the world, the agencies add. DR Congo has been hit
Read MoreUgandan judge, Solome Balungi Bossa was on Tuesday elected to join the International Criminal Court (ICC) in The Hague, The Netherlands. Ambassador Adonia Ayebare, Uganda’s Permanent Representative to the UN broke the news of her election on twitter praising the efforts of the East African nation's team to have scoop
Read MoreDangote: Only African On Bloomberg 50 List Of 2017 Most Influential People
Aliko Dangote was honored at the Bloomberg 50 annual gala dinner held at New York's iconic Gotham Hall on Monday night. Bloomberg's list of 50 most influential names who have had an impact on the world in 2017 included Dangote, Africa's richest person, for his outstanding commitment of over $4B
Read MoreUganda’s military says it has begun the withdrawal of 281 troops serving in the African Union peacekeeping mission in Somalia. This is part of a UN plan that will see African Union (AU) soldiers’ numbers reduced by 1,000 by the end of this year. At the moment there are more
Read MoreEnding child marriage today could generate $3 billion (Shs10.9 trillion) per year for Uganda by 2030, says a new report published by the World Bank. In contrast, the perpetuation of child marriage would lead to lower educational attainment for girls and their children, higher population growth, substantial health risks, higher
Read More