As part of this rationalisation effort, 33 agencies will be relocated to their respective parent ministries, while 35 agencies will be consolidated and merged into 19 entities, with 80 remaining …
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EnergyLatest NewsNational NewsNews
Power Costs In Kalangala, Buvuma To Go Down As Islands Get Connected To National Power Grid
Power costs in the island districts of Kalangala and Buvuma will significantly drop as islands get connected to the national power grid, says power regulator, the Electricity Regulatory Authority (ERA). …
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In December last year, the Minister of State for Finance Minister in charge of General Duties, Henry Musasizi tabled before Parliament, the budget estimates/ the national budget framework paper for …
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Bank of Uganda (BOU) revoked Friday the license of EFC Uganda Limited and placed the Microfinance institution under liquidation therefore issuing an order for them to close up shop. Under …
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FinanceLatest NewsNational NewsNews
Weighing potential returns against Losses of investing in Uganda
For any investor to make a final decision to put their money on ground, they strike a delicate balance between opportunity and risk, carefully weighing potential returns against the possibility …
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FinanceLatest NewsNational NewsNews
Public Debt: Govt insists it is sustainable and still below 50% of debt to GDP ratio
According to the latest Auditor General’s Report for the financial year ended 30th June 2023, the total public debt as at 30th June, 2023 stood at 96.168 trillion shillings, comprising …
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EnergyLatest NewsNational NewsNewsOil & Gas
How reduction of Electricity tariffs will impact the economy
Power regulator, the Electricity Regulatory Authority (ERA) has announced a reduction of the electricity tariffs for the first quarter of 2024 by a weighted average of 1.6% compared the previous …
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Latest NewsNational NewsNewsTechnology
Will the new $150m national backbone infrastructure loan lower cost of Internet?
In today’s digital world, internet has become an integral part of everyday life. It has revolutionarised work, access to information, and ways of doing business. In academics, internet is very …
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Industry & TradeLatest NewsNational NewsNews
Why METU was given exclusive rights to run, manage city bus transport
In a letter circulating online, President Yoweri Kaguta Museveni grants exclusive rights to Mr. Metu Katabazi, the proprietor of Menu Zhongtong Bus Industries, to operate and produce public buses in …
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Parliament on Wednesday approved government requests to borrow three different loans totalling more than Shs5.2 trillion. The loans include; Shs3.5 trillion from local commercial banks to finance the supplementary budget …
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