President Museveni set to seal the oil pipeline deal in Tanzania

President 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…

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Uganda 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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Uganda and Africa in general face a decline in remittances

The World Bank recently released data showing how payments from Ugandan workers abroad had fallen by $300m in 2020. The information that is contained in the World Bank Global Knowledge Partnership on Migration and Development. It shows how remittances, during this period, reduced to $1.1b from $1.4b in 2019 as a result of Covid-19 pandemic adverse effects. These payments from…

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Uganda Baati Limited graces Agago hospital with a Ward

Uganda Baati graces Agago hospital with a Ward

In a bid to give back to the community, Uganda Baati Limited has constructed a Ward for Agago Health Care III ward. The said ward is expected to house both the maternity ward as well as an outpatient department which were initially out of service because they had been greatly dilapidated. The industry in it’s CSR 2021 project decided to…

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War erupts between UNBS and clearing agents

Uganda National Bureau of Standards

A feud has broken out between the Uganda National Bureau of Standards (UNBS) the body concerned with certifying goods in Uganda with a clearing company known Frerich Forwarders Uganda. UNBS accuses these of failure to present goods for verification on two occasions last year, something that breaches the law under the Uganda National Bureau Standards (UNBS) Act. However Mr Frederick Kasoma,…

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Low tax revenue forces Kasese councilors to cut down on their earnings

Chairperson of Finance, Planning, and administration, Sebastian Tumusiime explains that the low earnings are attributed to the lengthy Covid-19 lockdown which frustrated their tax earnings

Alarmingly low earnings from tax revenue have driven Kasese councilors to cut down on their salary. Aside from the councilors, the salaries of the council’s speaker, the Mayor, and their deputies respectively are going to be cut down so as to meet the budget expectations. Due to this, the councilors will earn UGX 120,000 instead of UGX 150,000. Currently, Kasese…

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Fish prices double in the Bunyoro sub-region

Fish prices double in the Bunyoro sub-region

Reports conducted by a reliable source indicated that fish prices have doubled in the Bunyoro sub region. In the districts of Buliisa, Masindi, Hoima, Kikube and Kagadi, small fish that was initially at 3,500 shillings is now being sold at 7,000 shillings while the biggest size that was at 10,000 shillings is now at 20,000 shillings for Tilapia fish. Tilapia…

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Minister Vincent Ssempijja credits the private sector for its contribution towards the development of the country

Minister Vincent Ssempijja

Minister of Agriculture, Animal Industry, and Fisheries Vincent Ssempijja has credited the private sector for its contribution towards the development of the country especially oil palm growing on Buvuma Island. He made these remarks while launching the oil palm growing on Buvuma island which he believes has greatly been facilitated by the private sector. Vincent Ssempijja further said the extension…

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City tycoon Hamis Kiggundu refutes Courts’ UGX 120 billion decision

Hamis Kiggundu

City tycoon Hamis Kiggundu has appealed against the Court of Appeals’ decision to cancel the refund of more than 120 billion shillings to him. Earlier on, the commercial court had ordered Diamond Trust Bank Uganda and Kenya to refund more than 120 billion shillings to Ugandan businessman Hamis Kiggundu. However, this decision was nullified by the court of appeal. The…

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