Business & Finance

Government urged to ease revenue collection at borders

Government urged to ease revenue collection at borders

The Parliamentary Committee on Finance, Planning and Economic Development, has concluded a five-day visit to customs border stations in Northern and Eastern Uganda. The Committee chaired by Hon Henry Musasizi (Rubanda County East) visited the customs border stations of Busia, Malaba, Elegu, Afogi, Oraba, Lia, Vurra and Pakwach. The field visit, which ended on Sunday, […]

FAO urges media in Uganda to prioritize reporting on commercial forestry and environment

FAO urges media in Uganda to prioritize reporting on commercial forestry and environment

The Food and Agricuture Organization of the United Nations (FAO), through the Sawlog Production Grant Scheme (SPGS) III project, organized a media dialogue on “Commercial Forestry in Uganda”, on 16 March 2018, as part of activities to commemorate International Day of Forests 2018. Under the global theme: “Forests and Sustainable Cities, the dialogue was attended […]

PAC grills Ministry of Defense officials over 718 billion arrears

PAC grills Ministry of Defense officials over 718 billion arrears

The public Accounts committee of parliament has grilled the officials led by the undersecretary in the Ministry of Defence, Edith Buturo, over 718 billion shillings arrears that remained unpaid at the close of the financial year 2015/17. The funds were meant to clear delayed payment of over 8,000 retired army officers their gratuity and pension, land compensation […]

Ministry signs MoU with Turkish company to promote cotton production

Ministry signs MoU with Turkish company to promote cotton production

The ministry of trade and cooperatives has signed a memorandum of understanding with Turkish private company SAA investments to assist them boost cotton production in the country. The minister of state for trade, Micheal Werikhe, notes that cotton farmers have been facing a number of challenges raging from poor seedlings and limited markets which he […]

Ministry warns on another army worm outbreak

Ministry warns on another army worm outbreak

The ministry of agriculture has warned of another possible imminent fall army worm outbreak. The warning has been given by senior agricultural inspector in the ministry of Agriculture Katunguka David Rukasakare during an inception workshop for a project on enhancing the country’s capacity for management of the pest. Giving an update on the status of […]

Buliisa residents angry over delayed oil compesation

Buliisa residents angry over delayed oil compesation

Buliisa people angry over government suspension of their compensation for their land for oil reach areas. Buliisa county mp Stephen Mukitale suspects foul play by the companies and the government and yet most residents in the oil rich Buliisa district have not been compensated for the last 12 years. He urged civil society organizations to take […]

MPS vow to block GMO bill if re-tabled before parliament

MPS vow to block GMO bill if re-tabled before parliament

MPS have vowed to block the GMO bill if its re-tabled before parliament from being passed into law. This bill which is known as Biotechnology and Biosafety bill was rejected by the president on basis that the genetically modified seeds should never be mixed with the indigenous seeds with a view to protect indigenous varieties. […]

PAC wants finance minister Kasaija, sacked

PAC wants finance minister Kasaija, sacked

A Majority Report of the Public Accounts Committee (PAC) presented by the Chairperson, Hon. Angelline Osegge on the utilization of US$200 million Preferential Trade Area (PTA) loan has recommended the censure of Finance Minister Matia Kasaija and sacking of Secretary to the Treasury, Keith Muhakanizi. The report released to parliament by the public Accounts committee […]

MTN launches 5G technology trial in Africa

MTN launches 5G technology trial in Africa

MTN in partnership with networking equipment provider Ericsson launched the first 5G trial in South Africa last November and found that the technology is at least 100 times faster than 4G The group unveiled Africa’s quickest mobile download. This follows the signing of a memorandum of understanding with Ericsson at AfricaCom, an industry event in […]

Disney buys 21st Century Fox $52.4bn

Disney buys 21st Century  Fox  $52.4bn

The Boards of Directors of Disney and 21st Century Fox have approved the transaction, which is subject to shareholder approval by 21st Century Fox, and Disney shareholders, clearance under the Hart-Scott-Rodino Antitrust Improvements Act, a number of other non-United States merger and other regulatory reviews, and other customary closing conditions. The deal includes Fox’s 39% […]

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