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Sep 4844 results
22:51
22:51

Suspension of Gold Exports over New Tax Lowers Uganda's Trade Balance

The processors and exporters of gold and other minerals, have requested Government to revise this tax downwards and negotiations are being held to this end, according to the Finance Ministry.
14:12
14:12

UMRA Asks Finanicial Institutions to Offer Unsecured Loans Amidst COVID-19 access to credit 1 2

Rachel Vanesa N. Muhwezi the Manager Microfinance Institutions, Uganda Microfinance Regulatory Authority says that small lenders play a big role in bringing numerous benefits and access to business opportunities and innovative technology-driven products and services especially instant loans without security.
10:58
10:58

More Ugandans Opting for Home Care Nursing 1 1

Angela Ilakut, the registrar of the Nurses and Midwives Council says home care nursing is a needed service. She says hospitals are understaffed and trained nurses are not equipped to provide the best care they can give to patients.
13:53
13:53

Bancassurance Registers 54 Percent Growth

According to the Insurance Regulatory Authority of Uganda (IRA), the system, dubbed Bancassurance, recorded a 54 percent growth dominated in the second quarter (April to June 2021), from the previous three months ended March.
16:32
16:32

Men Increasingly Taking on Work Traditionally Assigned to Women-EPRC unpaid care work 2 1

Prof. Paul Bakuluki of Makerere University’s Department of Social Work and Social Administration who was one of the investigators said men had started unpaid care work such as preparing food, fetching water and cleaning whereas their female counterparts are embracing non-traditional roles such as paying for food and meeting costs of health care.
14:44
14:44

NSSF May Lower Interest to Savers as Benchmark Inflation Falls

Interest income grew from 1.40 trillion to 1.61 trillion Shillings, while dividend income grew from 62.2billion to 7.49billion Shillings, due to better business on stock markets in the region, where NSSF invested in stocks.
17:51
17:51

Ignore Romour of Seizing Money in Dormant Accounts - Gov't 5 1

“Bank of Uganda will not take unclaimed balances lying idle on your accounts held either with Supervised Financial Institutions or Electronic Money Issuers,” says Minister Kasaija.
17:39
17:39

UPC Calls for Full Reopening of Economy 3

UPC head of Media and Communications Muzeyi Faizo, said that a fully functioning society will support the economy and equally raise enough revenue or income to finance the welfare of the citizens.
11:14
11:14

Uganda, Tanzania to Bid Jointly for Oil Contracts 6 1 Top story

PSFU’s Karuhanga says in seeking to partner with Tanzanian companies, they not only hope to gain capacity to take on contracts, but also more power to negotiate partnerships with foreign companies. There are also fears that non-tariff barriers which have characterized the East African Community bloc could be an impediment to business activities between Uganda and Tanzania, especially regarding movement of goods and persons.
17:47
17:47

NSSF Bill: President Museveni Writes to Speaker Oulanyah 9 1

The Bill had endorsed a proposal for the government to allow savers who have clocked 45 years and had saved for 10 years to access 20 percent of their savings. After several months of back and forth with the fund managers and workers, the President said he would only assent to the Bill with amendments.
21:18
21:18

National Coffee Act: Processors Face Jail, As Export Register Record Earnings

Section 53 of the Act gives a long list of offences which are punishable under the law, including operating an unregistered coffee nursery or seed garden and selling substandard or diseased planting materials. “Coffee is a beverage and should conform to required health/safety standards. The quality of coffee, machines used by the processors/brewers/baristas must not compromise the health of a consumer," says UCDA.
17:58
17:58

Gov’t Starts Engaging Gold Dealers over Decline in Taxes Parliament 3 1

This is after the Ministry of finance reported that the country lost over 470 billion Shillings in taxes on the exportation of gold due to the new taxes that were imposed on the mineral starting with this financial year.
17:43
17:43

KCCA Starts Evaluation of Casual Workers As Contract Expires 4

Aisha Nampeera, a single mother of three, says that her job with KCCA as a sweeper is her only source of income. Nampeera narrates how she has endured work hazards including accidents to keep her job and earn a living for her family.
17:03
17:03

Gov’t Negotiating with COMESA Countries For Trade border closure 3 1

The government has said that it is exploring new market opportunities with the Common Market for East and Southern Africa member states (COMESA) as trade with its neighbours gets worse.
22:23
22:23

Carrefour Supermarkets Takes over Shoprite Stores

Shoprite will by the end of the year, lease it's six stores in Uganda to Majid Al Futtaim, who currently operates two stores in Uganda, under the banner of Carrefour
22:09
22:09

Parliament Passes Motion to Rename Wampewo Avenue after BMK 11th Parliament 3 1

Wampewo Avenue stretches from the Jinja road round about Adjacent to the Ministry of Internal Affairs to upper Kololo terrace road, above the airstrip. It is the same avenue where one of his investments; Hotel Africana and BMK Building are located.
16:40
16:40

EU Ambassadors Court Speaker Oulanyah on DGF Suspension European Union 3 1

The fund which was started to provide well-coordinated support to various entities in Uganda was suspended early this year after President Yoweri Museveni accused the Ministry of Finance of irregularly authorizing funding, to a tune 500 billion Shillings, to be operated exclusively by foreign missions in Uganda.
22:11
22:11

IMF Explains UGX 3.5 Trillion COVID-19 Loan Facility to Uganda 2

In June, the IMF Executive Board under the Extended Credit Facility (ECF) arrangement approved a loan to support Uganda's post Covid-19 recovery and increase households’ incomes and inclusive growth by fostering private sector development.
11:52
11:52

Airlines Concerned as UAE-Bound Passengers Dodge COVID-19 Tests 3 2

Dr. James Eyul, the head of Port Health on behalf of the health ministry, says close to ten people intending to travel Dubai have so far tested positive for COVID-19 at the airport. "But no one has tested positive on arrival in Dubai, which means our systems are working," Eyul says.
Sep 4844 results