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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LEGS LOAN CRISIS! Sh2.7Bn MSC Lending Scandal, Sh62.53Bn Write-Offs and 52% Default Rate Expose Microfinance Support Centre Collapse Under Rural Growth Programme
A deepening financial crisis has engulfed the Microfinance Support Centre (MSC), the main lending arm of Government’s Local Economic Growth Support Project (LEGS), afte...
FIRST BISHOP! Museveni’s Daughter Patience Rwabwogo Consecrated in Historic Ceremony at Covenant Hill
MAYA, WAKISO — Pastor Patience Museveni Rwabwogo has taken on a new level of responsibility in Christian ministry after being consecrated as an Episcopal Bishop during...
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...
Nursing Graduates Urged to Uphold Professional Standards, Seek Jobs Beyond Government
Nursing Graduates Urged to Uphold Professional Standards, Seek Jobs Beyond GovernmentFour hundred and thirty-two nursing and midwifery graduates have been urged to uphold...
Why Only Big People? Tayebwa Orders Physical Verification of Tax Waiver Applicants to End Corruption Suspicions
Deputy Speaker, Thomas TayebwaThomas Tayebwa, the Deputy Speaker of Uganda’s ParliamentThe Deputy Speaker, Thomas Tayebwa has asked Parliament’s Finance Committee to...
Parliament Asks Gov’t To Address Health Care For Older Persons
Parliament on Tuesday debated and adopted a motion urging the government to improve health services for older persons (geriatric healthcare). It also urged the government...
MPs Press Government to Compensate Karuma Dam Project Victims
Parliament has renewed pressure on the government to compensate people displaced by the Karuma Hydropower Project, as MPs also questioned the slow expansion of electricit...
Uganda Clarifies Who Qualifies for Tax Remission as Musasizi Sets Out Criteria
Uganda’s Finance Minister Henry Musasizi has clarified the conditions and procedure taxpayers must meet to have tax liabilities considered for remission under Section 4...
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...