Minister of State for Planning David Bahati yesterday chaired the Ministerial consultations (January and early February 2020) on the draft third National Development Plan (NDP III) 2020/21- 2024/25 which is expected to be finalised by June 2020. The National Development Plan (NDP III) priorities remain Agriculture, Tourism, Minerals, Petroleum and Manufacturing in addition to Human […]
Ministry of Finance on Wednesday 22 January presented the National budget framework paper (NBFP) for FY 2020/21 to FY 2024/25 to the Finance Committee of Parliament. The National BFP is prepared in fulfillment of section 9 of the Public Finance Management (PFM) Act 2015. According to the NBFP, Uganda’s economy grew at 6.5% in real […]
President Yoweri Museveni has disagreed with the idea of putting sanctions on African countries particularly Zimbabwe calling it the act of ‘cowardice’. President Museveni is in Zimbabwe for a two-day visit as the chief guest on the official opening of the 60th Zimbabwe International Trade Fair (ZITF) in Bulawayo. Museveni, called the act of putting sanctions […]
The 120 billion shilling skilling Uganda fund has already registered 30,000 beneficiaries seven years of existence after its launch in 2012. The projects targets 60,000 beneficiaries by 2020 and is aimed at facilitating competitiveness, productivity and employment for self reliance among the Ugandan youth. The Assistant Commissioner for Vocational Education, Mr. James Mugerwa during the […]
Uganda Christian University (UCU) Mukono has launched an initiative to add value to Ugandan processed rice. This is aimed at encouraging students to practice agriculture after school. Through a partnership with the Uganda private sector dealing in quality rice and coffee processing, UCU is set to train agribusiness students unique ways of adding value to […]
President Yoweri Museveni has commissioned the iconic Uganda Revenue Authority (URA) Tower, with a call on the on the institutions in Government to renew their strength towards fulfilling their main mission which is to see the economy grow. “Your role is to assist the economy to grow. This is our survival and you have absolutely […]
Zimbabwe has seen protests in various cities on Monday following the more than double increase in the prices of petrol and diesel in the country. Protesters began by burning tyres and boulders in the cities of Harare and Bulawayo showing their anger over President Mnangagwa. Mugabe’s successor came to say that the increase in the […]
A Chinese state-owned company, China Railway 17th Bureau Group Company has pledged to partner with a local contractor in the construction of the 95km Kampala – Jinja expressway (KJE). Mr He Ping, the company’s chairman for Africa business led a delegation to President Yoweri Museveni‘s home in Rwakitura and promised to finance the project. “if […]
The Uganda Government has entered into a deal with an American-based company, CTI Africa, to start manufacturing smart mobile phones in Uganda. The phone production will be conducted by LifeMobile, which is also a member of CTI Africa on 6th Street in Industrial Area. The announcement was made by Evelyn Anite, the Minister of State […]
Investors from the United Kingdom have paid a second visit to Uganda to pave way on how they can improve their chances at acquiring some shares from the Uganda oil and gas sector The businessmen from 11 UK companies, that deal in petrochemical, pipeline, power and renewable industries, met up with senior Ugandan delegates on […]