Uganda's President Yoweri Museveni has urged Ugandans that have invaded, cultivated and settled in wetlands, forestry reserves, river banks and lake shores to leave them peacefully and save the country from disaster. The President was yesterday speaking at a public rally at Rushoroza Seed School in Kihihi sub-county in Kanungu
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China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa finds that its involvement is bigger and more multifaceted than previous studies suggest. Through a study conducted across
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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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