Government of Uganda has been conducting geothermal surveys from the nation’s geothermal energy resources in which a benign oil spill incident recently occurred at Kibiro, Hoima District. According to a statement issued by Robert Kasande (pictured), the Energy Ministry Permanent Secretary on April 15, 2020, government through Ministry of Energy
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The desire by government to tax loss making companies has been rejected by Parliament’s Finance Committee for the second year running. For the last two financial years, Government has been proposing to tax loss making companies, and the same proposal made its way in the 2020/2021 tax proposals but was
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US President Donald Trump has said he is going to halt funding to the World Health Organization (WHO) because it has "failed in its basic duty" in its response to the coronavirus outbreak. He accused the UN agency of mismanaging and covering up the spread of the virus after it
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L-R: Minister Mary Karooro Okurut, Ecobank Chirman Kin Kariisa, Annette Kihuguru, the Ecobank Executive Director and Clement Dodoo, the bank’s Managing Director Ecobank Uganda on Tuesday donated Shs80M to the Government of Uganda in support of the efforts towards alleviating the impact of COVID-19. Led by the bank’s Chairman Board
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Uganda's President Yoweri Museveni has extended the nationwide coronavirus controls for 21 days. In his address to the nation at the end of an initial 14-day lockdown, the president said that all control guidelines previously announced will remain in place. The measures include closure of national borders, including Entebbe International
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The global economy will contract by 3% this year as countries around the world shrink at the fastest pace in decades, the International Monetary Fund says. The IMF described the global decline as the worst since the Great Depression of the 1930s. It said the pandemic had plunged the world
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Uganda’s Finance Minister, Matia Kasaija (pictured) and his technocrats at Ministry of Finance, Planning and Economic Development are possibly facing the toughest year of their lives. With the deadline to pass the 2020/21 National Budget fast approaching, Members of Parliament on Finance Committee have rejected several tax proposals that Kasaija
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Borrowers especially businessmen who had hopes of government helping them to repay their loans in light of the COVID-19 pandemic should think twice. This is after President Yoweri Museveni categorically stated that “government won’t pay your loans” but will engage banks to adjust on their conditions. He made the remarks
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The Central Motor Club, a member of the 15 motorsports clubs that form up FMU (Federation of Motorsports Clubs of Uganda) has donated food items and cash towards the fight against COVID-19. Vice President Kakeeto Saeed Ali who led this Donation this morning handed over items to Minister of General
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President Yoweri Museveni (pictured) has said the greed for money will kill Ugandans. The President made the remarks in reference to Ugandans who have defied some f the COVID-19 guidelines he announced earlier to make money. Addressing the nation on COVID-19 at State House Nakasero this afternoon, Museveni said when
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