Quality Chemical to set up $50m TB, cancer drugs plant
Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, wil...
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Quality Chemical to set up $50m TB, cancer drugs plant
Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, wil...
50 per cent of Fort Portal wetlands drown in destruction - study
About 50.9 percent of Fort Portal City's total wetland area has been degraded due to human activities, a new study has revealed. According to the study by Aid Environment...
74 financial institutions now access NIRA database, says BoU
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) dat...
Foreign reserves fall to all time low
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In d...
Some EFC, Mercantile depositors yet to pick their money, says DPFÂ
The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arr...
Who holds the largest share of govt's domestic debt
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministr...
What's behind the war that has driven Sudan to famine?
A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one a...
Government loans worth Shs13 trillion remain unutilisedÂ
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt...