The Uganda communications commission deputy executive director, Eng. Patrick Mwesigwa reveals that in a bid to promote local talent broadcast on digital airwaves in the country, new tough regulation are in the offing to compel all digital TVs to give over 50% air play to local products. Eng. Patrick who was officiating at the 5th anniversary […]
The Central Bank raised the lending rate by 1% moving it to now 17% as a way to control the rising inflation in the country’s economy. Announcing the new CBR yesterday, the central bank governor, Prof, Emmanuel Tumusiime Mutebire said, the bank’s forecasts based on the prevailing domestic and external economic conditions and outlook indicates that […]
Uganda, in particular the Uganda National Bureau of Standards joins the rest of the world to commemorate the World Standards Day every year. The World Standards Day is commemorated every year on 14th October and is recognized internationally to commemorate the subject of standards because of its importance in international business including trade, production, and […]
The Uganda women entrepreneurship fund will start in 19 districts with the highest number of women who are very impoverished. The 385 billion fund will be released by the ministry of finance beginning this financial year 2015/2016. Launching the program in Kampala today, the State Minister for youth Evelyn Anite warned the accounting officers against discrimination as it was […]
The parliamentary Public Accounts committee has grilled the officials in the Ministry of finance over 46 billion shillings which is lying idle yet it was meant for Agricultural credit facility for commercial farmers. The committee chaired by Jinja East Member of Parliament Paul Mwiru noted that 46 billion shillings of the Agricultural credit facility is idle […]
The Prime Minister Dr. Ruhakana Rugunda, has called for cooperation among African States to improve service delivery. He said Uganda, Kenya and Rwanda had taken a step forward to consolidate cooperation, by constructing a joint modern Standard Gauge Railway line. Rugunda was meeting the Zambian Deputy Minister of Health Dr. Chitalu Chilufya, with whom they […]
MultiChoice Uganda, a pay TV provider, officially launched its new corporate headquarters and Customer care Centre in Kololo. The ceremony doubled as their 20th anniversary celebration and was presided over by the Prime Minister of Uganda Dr. Ruhakana Rugunda. The new headquarter, which was constructed over the last 12 months includes offices for key management staff, […]
Farmers and co-operators in Uganda are advising government to use the current co-operative banks run by farmers to replace the fallen Co-op bank saying to resurrect the fallen one will instead drag the whole system and operations back, rendering no service to the beneficiaries. The CEO Uganda Central Co-operatives Financial Services, Patrick Bakunda, noted that currently farmers are operating […]
Prime minister Dr Ruhakana Rugunda has urged the academia to device powerful initiatives to discover new knowledge to support business development in the region. While as trade has existed for ages, most people still use traditional methods which are not sustainable, bear less profits, and require modification. According to the Prime Minister, the global challenge […]
President Yoweri Museveni has highly commended the Mehta Group, a multi-national and multi-activity enterprise, for reviving the factories in Uganda which had collapsed. He said that the revived factories do not only belong to Mehta but to Ugandans who are really the main beneficiaries. The President was commissioning a new US$50 million food grade carbon […]