Mango farmers in the Acholi sub-region districts of Kitgum and Pader are counting great losses after the low market for their produce (Mangoes) saw it decay in their own hands. Tons and tons of mangoes have gone from ripe to rotten in the Acholi sub-region due to the close to no market for the mangoes. This has left the farmers…
Read MoreDay: May 20, 2021
Busia traders filled with rage after missing stalls in Busia Main market
Traders in the Busia border town are filled with rage after they missed stalls in the newly opened Busia main market. The said market was recently opened at Solo A village, Western division and the council authorities started the distribution of stalls on Monday which sparked an out roar among the traders. Conflict however started immediately some of the traders…
Read MoreURA report shows that rice and clothes are some of the most smuggled commodities
A recently released report by URA for the period ended April shows that clothes, rice and wheat flour are some of the most smuggled goods. In the same report, cosmetics and cooking oil complete the top five most smuggled goods. Commodities such as salt, shoes and sandals are some of the other highly smuggled goods according to the report. URA…
Read MoreUGX 1.78 trillion revenue deficit registered in the last eight months
Basing on the new monetary report realized by the Bank of Uganda, the government was in a deficit of UGX 1.78 trillion less than the anticipated UGX 16.1 trillion in the last eight months. The May realized report indicates that in opposition to targets set by the Uganda Revenue Authority of UGX 16.1 trillion, meant to be got from new…
Read MorePresident Museveni set to seal the oil pipeline deal in Tanzania
The Uganda Head of state President Yoweri Kaguta Museveni is set to fly to Tanzania to conclude the oil pipeline deal. The meeting between the two heads of state is meant to be held in Tanzania’s capital Dar es Salaam tomorrow in which they will finalize the yet to be constructed East African crude oil pipeline. Before, President Samia Suluhu…
Read MoreUganda Is A Sure Profitable Country-President Museveni Assures Singer Akon
President Museveni has embarked down to business already after swearing in officially for his sixth official term. In a meeting held at State House Entebbe, the president met American singer Akon and his entourage who are seeking investment opportunities in Uganda. President Museveni is well known at enticing foreign investors and this was the case while addressing this delegation. He…
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