BoU Directs Banks to Submit Plans for $500bn Credit Expansion
BoU governor Atingi-Ego speaking at the Financial Services’ second annual research conference in Kampala this past weekKAMPALA — Bank of Uganda has directed supervise...
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Govt targets 1.5 million hectares under irrigation by 2040
Despite rising investments, most Ugandan farmers remain exposed to drought due to limited irrigation access. Photo / File The government has set a target of putting 1.5 m...
INSIDE WORKS MINISTRY ROT! Sh500Bn Contractor Arrears, Sh533Bn PAPs Debt, Abandoned Roads & Sh40.6Bn Questionable Bills Expose Management Failures
The Ministry of Works and Transport is facing a damning audit spotlight after the Auditor General uncovered a mountain of unpaid obligations, delayed and abandoned road p...
Finance minister pledges gov’t support as Roofings unveils $125 million steel plant in Namanve
Finance Minister Henry Musasizi has pledged continued government support for Uganda’s manufacturing sector as the country pushes to expand local production, value addit...
Housing Finance Bank Expands Mortgages for Industrial Park Workers
Addressing MPs: Housing Finance Bank Managing Director Michael K. Mugabi (center) leads a delegation of senior bank officials presenting a strategic housing proposal to P...
With the Uganda-Tanzania energy deals, Museveni pushing EAC integration into overdrive
Uganda’s President Yoweri Museveni recently visited Tanzania’s Samia Suluhu to discuss the setup of a new oil refinery Across Africa, informed senior citizens know th...
Nigeria influencer arrested after seizure of cocaine worth $28m destined for the UK
Nigeria influencer arrested after seizure of cocaine worth $28m destined for the UKAfolabi Kazeem Micheal, AKA "KC Luxury", has not commented on the allegationsAfolabi Ka...
Museveni calls for stronger gov’t-private sector partnership to drive industrialisation
President Yoweri Museveni has called for a stronger partnership between government and the private sector to accelerate Uganda’s industrialisation, deepen regional inte...
Ntungamo Positions Itself for Industrial Transformation
The Africa Coffee ParkThe district is trying to ensure that new investments generate jobs and revenue while protecting land, the environment and the interests of local co...
Museveni Advisor Reiterates Plan to Inject Shs200m into Each Kampala Youth SACCO
Senior Presidential Advisor on Political Mobilisation Moses Byaruhanga has reiterated President Yoweri Museveni’s plan to inject Shs200 million into each youth SACCO in...