Financial Sector Deepening Uganda (FSDU) has asked government to have a strategic approach of increasing mobile phones hand sets to the poor to facilitate the financial inclusion strategy that seeks to reduce financial exclusion from 15 to 5% by 2022. This call was made by Joseph Lutwama, the policy, legal and regulatory specialist at FSDU […]
Standard Chartered Bank has re-launched some of its services to enable its clients access financial solutions with ease. Some of the services re-launched include visa infinite debit card usage and advising the customers on their wealth and property management. The Head of Retail Banking, Israel Arinaitwe, says that the visa infinite debit card offers complementary access to over […]
The State Minister for Micro Finance, Haruna Kasolo Kyeyune has launched an operation in Kampala and Wakiso districts to search for all those managers who keep on disappearing with the savings of the members of Savings and Credit Cooperative Societies (SACCOS) groups. While meeting members of Nakasero eyeterekera cyclists and vendors SACCO at Nakasero market […]
In their October 2016 report: Africa’s pulse, An analysis of issues shaping Africa’s economic future, the World Bank Group notes that after slowing to 3 percent in 2015, economic growth in Sub-Saharan Africa is projected to fall to 1.6 percent in 2016. That is half of what it was last year and the lowest level […]
The National Environment Management Authority (NEMA) says that it has never given sand mining permits to Chinese to operate in Lwera wetlands in Kalungu district. This follows members of parliament recently protesting against the mining of sand in Lwera wetlands and in Lake Victoria by Chinese. The Executive Director of National Environment Management Authority, Tom Okrot, […]
Legislators from Bugishu region have asked Umeme to lower the cost of electricity to make it affordable, to the ordinary Ugandans. The lawmakers made the appeal during a consultative meeting with Umeme officials on how they can assist the company on reducing power theft in the region. According to Umeme Bugishu regional manager Trevol Higenyi […]
The public Accounts committee of parliament has faulted the ministry of finance and local government for failure to work on Busega, Nyendo Masaka markets now six years since the 10 million dollar loan for this project was approved. Members of parliament on the committee were querying the ministry of finance officials over none performance of loans. […]
Dairy Development Authority is to extend the ban of transporting loose milk to upcountry areas as a measure of selling unprocessed milk which could be harmful to the consumer. In 2014 DDA banned the transportation of loose milk especially in Jerry cans they could easily be contaminated by germs because of being unprocessed. The Acting Manager […]
Farmers under their umbrella body, Vanilla Exporter`s Association demand for a policy that will help to guide vanilla dealers in the country. While meeting with the Minister of Agriculture Animal industry and Fisheries, Vincent Bamulangaki Ssempijja they requested Government to consider reviving vanilla crop in Uganda, because the prices have skyrocketed in the recent past. They said a kilo of vanilla […]
Saudi Arabia tops a list of countries which are mistreating Ugandans working in Arab countries followed by Kuwait and the United Arab Emirates according to a research by Platform for Labour Action. The June 2016 report handed over to parliament’s committee on Gender indicates that majority of Ugandans in the Middle East are victims of international […]