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Uruguay's José Mujica, world's 'poorest president', dies

Uruguay's José Mujica, world's 'poorest president', dies

Former Uruguayan President José Mujica, known as "Pepe", has died at the age of 89.The ex-guerrilla who governed Uruguay from 2010 to 2015 was known as the world's "poorest president" because of his modest lifestyle.Current President Yamandú Orsi announced his pre

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Museveni Commissions Shs54bn USMID Road Project in Kasese Municipality

Museveni Commissions Shs54bn USMID Road Project in Kasese Municipality

President Museveni has commissioned a 7-kilometre road network in Kasese Municipality, constructed under the Uganda Support to Municipal Infrastructure Development (USMID) program at a cost of Shs54 billion.Speaking at the ceremony, the President described the newly built roads as a vital

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MTN Pays shs42.5bn in Statutory Levy to UCC

MTN Pays shs42.5bn in Statutory Levy to UCC

MTN Uganda has paid Shs 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund (USAF) as its statutory levy.The amount represents 2% of MTN Uganda’s gross annual revenue for the financial year ending 31 December 2024, in compliance

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UAP Old Mutual Goes Digital with Online Motor, Travel Insurance Portals

UAP Old Mutual Goes Digital with Online Motor, Travel Insurance Portals

UAP Old Mutual Insurance has officially launched its new online motor and 

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Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating

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BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

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Airtel’s Statutory Levy to UCC to Rises by 11.4% to  Hit Shs38bn

Airtel’s Statutory Levy to UCC to Rises by 11.4% to Hit Shs38bn

Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last

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AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo

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The Commute Conundrum – To Live Near or Far from Work?

The Commute Conundrum – To Live Near or Far from Work?

Let me take you back to a conversation I overheard between two Taxi commuters in Kampala not long ago. Two passengers, clearly regulars on the route, were swapping war stories of traffic, transport costs, and landlords.One said, “Eh, I pay Shs300,000 rent in Seeta, but every day I lose t

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Trump pledges to lift Syria sanctions as he seals $142bn arms deal on Saudi visit

Trump pledges to lift Syria sanctions as he seals $142bn arms deal on Saudi visit

President Donald Trump has said the US has "no stronger partner" than Saudi Arabia during his first major foreign trip - a whirlwind visit of Gulf countries mainly focused on shoring up investment.Speaking in Riyadh, the US president also pledged to lift all sanctions agai

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