Arua market vendors are stranded about the failure by government to allocate them a new relocation place as they plan to develop this market into a modern structure. The secretary general of the market authority Innocent Maneno says it is now three years but government has totally failed to allocate them a place yet construction is about to […]
President Yoweri Museveni directed that all taxes levied on Savings and Credit Cooperative Societies (SACCOS), especially on the dividends of the members, should be abolished to promote the saving culture and avoid double taxation. This was revealed by the Prime Minister Dr Ruhakana Rugunda who represented him at the celebrations to mark the 93rd International […]
The secretary to the treasurer, Keith Muhakanizi revealed that government has managed to save over UGX 200bn in the ending financial year which is to be used to fund other government programmes. Muhakanizi while responding to questions from journalists, said, the fund arose from checking on power government spending, coupled with efforts to combat graft among […]
Parliament has approved a loan, authorizing Government to borrow USD 84.2million from the African Development Bank to finance Phase 2 of the Market and Agriculture Trade Improvement Programme (MATIP 2). The programme aims at tackling market infrastructure development, value addition and trade facilitation. It will be implemented over a five year period in nine municipalities […]
State Minister for Agriculture Vincent Bamulangaki Ssempijja says focus should now be put on organizing farmers to be able to produce goods accepted on the international market. This comes after reports that most agricultural produce from Uganda exported to the European market has harmful organisms such as African Cotton leaf worm, false codling moth, and fruit flies […]
The Prime Minister Dr Ruhakana Rugunda has called upon investors and other stakeholders in the oil and gas sector to continue working together closely to expedite the development of the oil and gas sector in the country. The Premier made the remarks at the joint meeting of the policy coordination committee and the oil and […]
Parliament has pledged to secure lawyers to take legal actions against Continental Tobacco Services Uganda limited for defaulting tobacco farmers in Bugangaizi. This was announced by the Speaker of Parliament Rebecca Kadaga while receiving a petition from tobacco farmers at parliament over non-payment. Kadaga instructed the Member of Parliament for Bugangaizi, Kasirivu Atwook and the […]
The Federation of Uganda Employers Executive Director Rosemary Ssenabulya and the president HR Excellence Awards, Patrick Ngolobe revealed that in a bid to improve on the county’s working environment in the country’s labour force, the Federation together with HR Excellence Award has launched the search for the nation’s best company, organization and worker as well as parastatal. Speaking at the launch […]
With the continued depreciation of the local currency against the dollar, among other foreign currencies since the beginning of this year, which in turn has caused high inflation on the economy, the Central Bank has deemed it fit to raise the Central Bank Rate (CBR) by 1% point to 13% for the month June 2015 as an intervention […]
The Executive Director, Enterprise Uganda, Charles Ochichi reveals that they are soon unveiling a new product that will see 200 young micro entrepreneurs trained in better business management with Ochichi saying this is intended to grow the country’s entrepreneurship base to scale down unemployment. According to the Director, there are criteria one has to follow before he or she […]