By Isaac Senabulya on July 22, 2017
chairperson, Committee on Presidential Affairs, Kassim Sebadduka, Nakivubo board of trustees, New Agenda Traders Development Association Parkyard, PARKYARD traders, Parliament, President Museveni, Secretary General Muhammed Musisi
Business news, Latest Uganda News
PARKYARD traders under their umbrella association, New Agenda Traders Development Association Parkyard have petitioned Parliament seeking assistance to help them acquire the two billion shillings that was promised to them by President Museveni when their market caught fire. The traders led by their Chairperson, Kassim Sebadduka and Secretary General Muhammed Musisi while presenting their petition […]
By Gerald Businge on July 6, 2017
Betty Amongi, Housing and Urban Development, Kampala city Traders Association (KACITA), minister for lands, Rebecca Kadaga, Speaker of Parliament
Business news, Latest Uganda News
Speaker of Parliament, Rebecca Kadaga, has tasked government to explaining the continuous delay in tabling a proposed bill that seeks to regulate landlords and tenants in the country. The move follows a petition from Kampala City Traders Association (KACITA) demanding that Parliament enacts a law to regulate landlords and tenants to save the frequent confrontations […]
By Gerald Businge on May 5, 2017
30 percent corporation tax, Henry Musasizi, Jalia Bintu, Parliament’s committee on finance, Proprietors of SACCOs, Rubanda East MP, Shuuku SACCO ltd, Stephen Bongonzya, who is also the chairperson of Parliamentary SACCO., Woman Member of Parliament for Masindi
Business news, General, Latest Uganda News
Proprietors of SACCOs across the country have urged government to scrap taxes against them to enable their members prosper at a higher rate through their various activities that they set up. The board chairperson on one of the SACCOs under the names of Shuuku SACCO ltd, Stephen Bongonzya, while appearing before Parliament’s committee on finance […]
By Isaac Senabulya on October 24, 2016
annual headline and core inflation declined to 4.1% and 4.2% in September respectively from 4.8% and 5% in august prompting bank of Uganda to lower central bank rate to 13% from the previous 14%., Bank of Uganda, monitory policy statement for October 2016, Prof Emanuel Tumusiime Mutebire, reported drastic raise in annual crop inflation in the last three months, said that in the last month food inflation has jumped from -1.9% to 5.1%, the governor bank of Uganda
Business & Finance, Business news, Latest Uganda News
Bank of Uganda has reported drastic raise in annual crop inflation in the last three months. This comes at the time when many parts of the country is experiencing drought which is likely to last until the end of this year, according to weather experts. While releasing the monitory policy statement for October 2016, the […]
By Isaac Senabulya on October 19, 2016
State minister for micro finance
Business & Economics, Business & Finance, Business news, Finance, Latest Uganda News
The State Minister for Micro Finance, Haruna Kasolo Kyeyune has launched an operation in Kampala and Wakiso districts to search for all those managers who keep on disappearing with the savings of the members of Savings and Credit Cooperative Societies (SACCOS) groups. While meeting members of Nakasero eyeterekera cyclists and vendors SACCO at Nakasero market […]
By Emma Laura N. Kisa on October 6, 2016
Africa, economy, sub saharan africa, World Bank
Africa, Agriculture, Agriculture, Business & Economics, Business & Finance, Business news, Featured, Finance, Regional
In their October 2016 report: Africa’s pulse, An analysis of issues shaping Africa’s economic future, the World Bank Group notes that after slowing to 3 percent in 2015, economic growth in Sub-Saharan Africa is projected to fall to 1.6 percent in 2016. That is half of what it was last year and the lowest level […]
By Isaac Senabulya on September 15, 2016
mining, National Environment Management Authority (NEMA), Parliament, Sand, wetlands
Agriculture, Business & Economics, Business news, Finance, Latest Uganda News, Laws
The National Environment Management Authority (NEMA) says that it has never given sand mining permits to Chinese to operate in Lwera wetlands in Kalungu district. This follows members of parliament recently protesting against the mining of sand in Lwera wetlands and in Lake Victoria by Chinese. The Executive Director of National Environment Management Authority, Tom Okrot, […]
By Isaac Senabulya on September 15, 2016
Electricity, power, Tariffs
Business & Economics, Business news, Finance, Latest Uganda News
Legislators from Bugishu region have asked Umeme to lower the cost of electricity to make it affordable, to the ordinary Ugandans. The lawmakers made the appeal during a consultative meeting with Umeme officials on how they can assist the company on reducing power theft in the region. According to Umeme Bugishu regional manager Trevol Higenyi […]
By Isaac Senabulya on September 14, 2016
Markets, Masaka, Nyendo
Business & Economics, Business news, Finance, Latest Uganda News
The public Accounts committee of parliament has faulted the ministry of finance and local government for failure to work on Busega, Nyendo Masaka markets now six years since the 10 million dollar loan for this project was approved. Members of parliament on the committee were querying the ministry of finance officials over none performance of loans. […]
By Isaac Senabulya on September 14, 2016
dairy, Dairy Development Authority, milk
Business & Economics, Business news, Finance, General, Latest Uganda News, Laws
Dairy Development Authority is to extend the ban of transporting loose milk to upcountry areas as a measure of selling unprocessed milk which could be harmful to the consumer. In 2014 DDA banned the transportation of loose milk especially in Jerry cans they could easily be contaminated by germs because of being unprocessed. The Acting Manager […]