BoU Deputy Governor, Dr. Michael Atingi-Ego The Bank of Uganda (BoU) has rejected the proposed amendments to Article 161 of the Constitution regarding the composition of the Central Bank's Board of Directors. BoU officials led by Deputy Governor, Michael Atingi-Ego Tuesday appeared before Legal and Parliamentary Affairs Committee that is scrutunising
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President Yoweri Museveni President Yoweri Kaguta Museveni is yet to share detailed information revealing how pop-star turned politician Robert Kyagulanyi aka Bobi Wine, the former National Unity Platform (NUP) presidential candidate engaged in rigging the January 14th, 2021 polls. Speaking during his nationwide address on Sunday evening, Museveni said “everybody
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Coffee ready for export Coffee exports in February 2021 amounted to 563,763 60-kilo bags worth US$50.55m (Shs185.4bn), Uganda Coffee Development Authority (UCDA) monthly report for February has revealed. This comprised 500,685 bags of Robusta valued at US$40.96m and 62,078 bags of Arabica valued at US$9.59m. This was an increase of 18.89%
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Uganda Revenue Authority (URA) on February 3, 2021 launched a tax compliance campaign dubbed KAKASA-’You’re in charge’, an Integrated Communication and Marketing Campaign where the tax body will help usher in a new approach to doing business, allowing business men and women across Uganda to take full charge of their business destiny
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Uganda says foreigners illegally benefiting from maize exports Foreigners are establishing illegal stores in Uganda and exporting maize to others countries, State Minister for East African Affairs, Julius Maganda has revealed. While updating Parliament on Uganda’s maize ban into Kenyan market, Maganda said Government has now resolved to regulate all foreigners with grain stores within Uganda
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The town council leadership says there will be co-existence between the new company and local artisan miners Rwenzori Shining Stars Limited-the Chinese-Ugandan consortium is investing 2.7 Trillion Shillings to revive Lake Katwe Salt Project in Kasese District.The company will use salt brine as a raw material to set up a plant
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One of the numerous potholes along the Gulu-Atiak-Nimule highway in Amuru District - Photo by Dominic Ochola The Gulu-Atiak-Nimule highway has developed several potholes six years after it was commissioned in 2015.The road spans 106km from Gulu City up to Elegu Town Council connects Uganda to the Republic of South
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Minister of State for Gender and Culture Affairs, Hon. Mutuuzo Peace Regis (R) interacting with former Minister, Hon. Geraldine Namirembe Bitamazire As the country continues to observe the Women’s Month, the Minister of State for Gender and Culture Affairs, Hon. Mutuuzo Peace Regis on Monday paid courtesy calls on former
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Carrefour, owned and operated by Majid Al Futtaim in Uganda, today opened a second store in Naalya, along the Northern Bypass. Spanning over 2,050 square meters, the new store seeks to address the immediate shopping needs of shoppers who live and work in Naalya, Ntinda, Namugongo and its vicinities. The
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The port of Mombasa is the busiest in the region Kenya's Finance Minister Ukur Yatani has denied reports that the country risks losing its main port to China should it fail to pay huge loans advanced for the construction of a new railway line. The new 472km (293 mile) railway cost
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