Bank of Uganda has revealed that Uganda’s public debt has hit Shs86Trn but only Shs18.747Trn has been provided in the 2023/2024 national budget to manage public debt . The details are contained in the April 2023 State of the Economy Report which reads in part, “The provisional total public debt stock at nominal
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NSSF officials receiving a dummy cheque of Shs150m from Housing Finance Bank officials Housing Finance Bank is excited to announce its official partnership with the National Social Security Fund (NSSF) and sponsorship of UGX 150 million shillings for the upcoming 2023 NSSF Kampala Hills run, scheduled for July 2nd, 2023.
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Erepi Primary Teachers College (PTC) gate in Moyo district (Courtesy Photo) The Uganda Revenue Authority (URA) has closed Erepi Primary Teachers’ College (PTC) in Moyo district due to tax arrears. The college has accumulated arrears of over 8.4 million Ugandan shillings from the financial years 2017/2018 and 2019/2020, resulting from
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Motorists traveling along the Masaka-Kampala highway are urged to use alternate routes due to the increased water levels at River Katonga bridge. Photo obtained from a video shared by a motorist Dr. Yahaya Barirega Akankwasah, the Executive Director of the National Environment Management Authority (NEMA), has warned residents in the
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BIC, one of the world leaders in stationery, lighters, and shavers, in partnership with Uganda’s leading distributor of Fast-Moving Consumer Goods distributor, African Queen, has held a customer trade event at Sheraton Hotel Kampala, Uganda to address emerging challenges and identify opportunities. The event which has been a tradition since
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Energy Minister Ruth Nankabirwa hands over the exploration license to M/S Armour Energy Uganda (SMC) Ltd official (Left) as Finance Minister, Matia Kasaija looks on The Government of Uganda has earned US$ 2 million (about Shs7.44bn) from the second oil licensing round in the Turaco Block. While issuing the Production Sharing Agreement to M/S
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Chief Justice Alfonse Chigamoy Owiny-Dollo has asked the government to introduce coffee to the farmers in Northern Uganda in memory of Col (Rtd) Charles P. Okello Engola, the former Minister of State for Labor, Employment, and Industrial Relations. Dollo was on Saturday speaking at the burial of Engola at his
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Helicopters used by leaders to attend a political rally by the Azimio coalition at Nyamaiya Stadium, West Mugirango in Nyamira on July 1, 2022. PHOTO | ONDARI OGEGA | NMG Wealthy Kenyans and politicians will import helicopters and planes at cheaper prices after President William Ruto’s administration proposed to scrap
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The police have explained circumstances under which an aircraft belonging to Bar Aviation crashed on Friday afternoon. According to police, a Bar aviation aircraft with flight registration No. 5X-RBR was en route from Kajjansi to Kisoro, via Mbarara and Kihihi, carrying a total of 14 passengers. The flight successfully reached
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Uganda’s third deputy Prime Minister has today witnessed the start of DigiTruck trainings in Busoga region in Jinja and also flagged off 17 students and their instructors to attend the Huawei global ICT Competitions in Shenzhen China. This project was previously launched by H.E Yoweri Kaguta Museveni on 8th March
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