Tanzania's President John Magufuli Tuesday met with a team of experts to discuss the building of a hydroelectric power dam at Stiegler’s Gorge in Selous Game Reserve, despite concerns from environmental experts. The meeting was part of the implementation of a government’s plan to end power shortages in the country,
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Ugandan Members of Parliament (MPs) have started receiving the Shs100m balance for their Shs200m cars each, Business Focus reveals. The Speaker of Parliament, Rebecca Kadaga confirmed the news on Thursday during a plenary sitting. Speaking metaphorically, Kadaga informed MPs that projections at the national weather station had confirmed that “tomorrow
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President Yoweri Museveni is investigating reasons why Uganda Revenue Authority (URA) took more than three years sitting on the whistle blower information showing tax evasion at Kampala Nissan which is also called East African Motors Ltd, Business Focus reveals. State House economic desk sources show that through one of his
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Latest information indicates that there's panic at Ministry of Finance, Planning and Economic Development since President Yoweri Museveni has just got info that a top official in that ministry tried to extort money from Italian investor Enrica Panetta behind the Shs900bn (or USD250M) hospital in Lubowa near Quality Supermarket. Reliable
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The Uganda government chief whip Ruth Nankabirwa has scoffed at National Resistance Movement (NRM) members allegedly soliciting for money from the party so they can push through for a constitutional amendment to lift the presidential age limit. A number of legislators are reported to be making financial demands in order
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A top Bank of Uganda (BoU) official has said Uganda cannot achieve the much publicized Middle Income Status by 2020 going with the recent and projected economic growth. Adam Mugume, the executive director for research at BoU revealed this on Thursday at Shelton Hotel, Kampala during the post budget discussion
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Matia Kasaija, Uganda’s Minister for Finance, Planning and Economic Development has for the first time revealed why Uganda’s economy is performing poorly. The minister insists that Uganda’s economy is not in recession but growing moderately. “The size of the economy this financial year is projected to rise to Shs90.5 trillion,
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Uganda's Minister of Gender, Labour and Social Development, Hon. Janat B. Mukwaya has called on International Labour Organisation (ILO) member states to take “urgent action” against the effects of new global economic trends to avert negative social impacts. She made this call on Tuesday while addressing the 106th session of the
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President Yoweri Museveni has said Uganda’s economy is doing well. While delivering the State of the Nation Address to Parliament and the country at large at Kampala Serena Conference Centre on Tuesday, Museveni said that a country with surplus electricity for the first time can’t be in a “a bad
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President Yoweri Museveni on Tuesday presented the State of the Nationa Address, 2017 to Parliament and the nation at large at Kampala Serena Conference Centre. Below is the unedited sppech delivered by the President. Greetings, Madam Speaker, in fulfillment of the Constitutional requirement under article 101 (1) of the Constitution
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