Movit Uganda a skin care products company has reiterated how it’s set to capitalize on the Continental Free Area as one of the tools in the continent’s economic integration to capture the continent. Mr Bruce Mpamizo, Movit Uganda’s CEO while launching the company’s new product which is a family soap said that their next target is spreading across the continent.…
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Centenary Bank And Prudential Uganda Launch Diaspora Funeral Cover
Centenary Bank together with Prudential Uganda have launched the Diaspora Funeral Cover. Under this product, Centenary Bank will be covering for the services needed by its clients abroad. These will include availing transportation for the customers’ loved ones back to Uganda and giving proper necessary funeral services in case they unfortunately lose them. This product arrives under the Bancassurance service…
Read MoreEU Avails UGX 20bn For Business And Industrial Parks
The European Union is extending a 20 billion shillings funding to help in greening four industrial and business parks as the start, and later. There are about 5200 factories in Uganda that create about two million jobs. It’s for this reason that the European Union has moved to partner with the sector players by availing 20 billion shillings meant for…
Read MoreUganda Grain Council Moves To Train Grain Dealers About Quality
The East African Grain Council has embarked on a campaign to find solutions to majority of grain producer’s challenges. These include among others difficulty to meet sanitary and phytosanitary standards required to export goods to Europe and the US. In March 2021, Kenya banned the importation of maize from Uganda, noting that it contained high levels of aflatoxins, with only…
Read MoreReport shows corruption and unnecessary delays as main causes of poor implementation
A meeting held last week between the office of the prime minister, finance and the panning authority on the status of project implementation showed that corruption and unnecessary delays are the major causes of delays in project implementation. While speaking to the press afrer this meeting Vincent Tumusiime the Director Social Economic Monitoring Research Press Officer said that the major…
Read MoreNational Statistical Data To Be Expanded Under New Five Year Project
Under a five year project, the Uganda National Bureau of Statistics (UNBS) will widen the scope and depth of the national statistical data base including more numbers from parishes and villages upwards to be included in the national database. Today if someone wanted the information of a particular district, they would have to go to that respective district to get…
Read MoreManufacturers Call For Better Digital Stamp To
Some industrialists have called on the government which is implementing the digital stamp for excisable goods to change the current systems technology to a newer one to help them cut their costs of production. Interestingly the area of interest is the ink used to stamp the products which is called obsolete. This emerged when the state minister for Trade David…
Read MoreUNICEF Uganda Inks Shs67Bn Agreement With Swedish Government
UNICEF and the Government of Sweden have today signed a memorandum of understanding where the Swedish Government will contribute additional funding equating to 67 Billion Uganda Shillings. The funding is expected to aid priority projects which include among others realizing the rights of children, combating the high cases of teenage pregnancy and more. “This memorandum of understanding will result into…
Read MoreRubis Energy Comes Up With New Advanced Fuel Technology To Save Customers
French fuel company Rubis energy has come up with a new launch known as Rubis UltraTech as it’s up-to-date fuel technology on the Ugandan market. The company came onto the Ugandan scene In July this year after purchasing Kobil and Delta. The company says that the new launched venture is set to enhance vehicle engine health and performance with less…
Read MoreGovernment Set To Prioritize Artisan Fishing
Government will soon prioritise artisanal fishermen not classified as commercial to make sure livelihoods are not affected significantly in the name of commercial fishing. According to Fisheries minister Hellen Adoa, the local fisheries market remains larger than the one for export. The government further dispelled the claims that most of the fish caught from Uganda’s water bodies is exported. “We…
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