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 […]
The Government of Uganda is optimistic that the country will attain the lower middle income status in the next five years if the new National Development Plan (NDP) is effectively implemented. The new NDP which is to be launched by President Museveni aims at strengthening Uganda’s competitiveness for sustainable wealth, employment and inclusive growth. State Minister […]
Construction of a state of the art Hotel Africana Moroto by the BMK group of Companies headed by Al-hajji Dr. Bulaimu Muwanga Kibirige has kicked off in Moroto District. The First Lady and Minister for Karamoja Affairs Janet Museveni officiated at the ground breaking and kick start of the first phase of Hotel Africana Moroto […]
Fishermen and fish traders at Kasenyi landing site have staged a sit down strike protesting a move by the State Minister for Fisheries to ban the extracting and exportation of fish maw by Ugandan traders. Last month, extraction of fish maw from nile perch by the fishermen was banned saying a number of them extract maw from […]
The executive director SEATINI-Uganda, Ambassador Nathan Irumba, is cautioning governments of developing countries to desist from subjecting farmers to foreign dependence as this will drastically cause negative effects to agricultural development in these countries with Uganda being among them. According to Ambassador Irumba the continued importation of various agriculture policies from developed countries will not at any time help the […]
Youth under Civil Society Organizations have asked parliament to prevail over government to consider increasing the Budget of the Agricultural sector claiming that the sector employs most of the youth. Addressing a news conference at the National Theatre in Kampala the youth from Civil Society Organizations like Civil Society Budget Advocacy Group (CSBAG) said that […]
Uganda Revenue Authority has revealed that there has been a huge decline in cigarette smuggling in the year 2014/15 compared to 2013/14. The Supervisor Customs Enforcement- URA, Armstrong Turyakira, says since 2013 to date a total of 7.1 million sticks were impounded compared to 12.6 seized in 2008/09. Turyakira attributes the reduction to the war in South Sudan and opening of new factory […]
The national budget for the financial year 2015/2016 has been hiked from 18.8 trillion shillings to 24.1 trillion shillings. The new proposals in the budget have been tabled before Parliament by the State Minister of Finance in charge of Planning, David Bahati. The chairperson Budget Committee of Parliament, Amos Lugolobi, says that the money added will settle the […]