The Speaker of Parliament, Anita Among, has asked the Office of the Auditor General to shift focus to value for money audits, which she said makes more accountability sense in light of the shift to a programme-based approach to budgeting. Speaker Among was meeting the Auditor General, John Muwanga, who presented to her a report…
Just like his billionaire father Dr. Sudhir Ruparelia, Rajiv Ruparelia was born in Uganda on January, 2nd, 1990. He is a graduate of Financial Management from Regents College London. Rajiv manages several family businesses. He is currently serving as the Managing Director of the Ruparelia Group and he is responsible for developing sound business strategies…
The President of the Republic of Uganda Yoweri Kaguta Museveni has arrived in the Socialist Republic of Vietnam for a three-day state visit at the invitation of his counterpart President Nguyễn Xuân Phúc. At Noi Bai International Airport in Hanoi, the capital of Vietnam, H.E Museveni was received by the Chairman Office of the President…
Uganda’s prominent businessman Hamis Kiggundu alias Ham has advised upcoming Ugandan entrepreneurs not to fear using banks for growth and starting up businesses. He, however, cautioned them not to ever rely on such loans as a long-term sustainable muscle of their business expansion because banks will always feast on their businesses since they are driven…
Uganda’s coffee exports generated a record US$876.4million in revenues for the just concluded 2021/2022 coffee year that ended on September.30. This represents a 39% increase in revenues compared to the previous year despite a decline in export volumes. Latest statistics from the state-owned Uganda Coffee Development Authority (UCDA) shows that the East African nation exported…
The Parliament of Uganda has approved another request by the Government to borrow up to US$331.5 million approximately Shillings 1.242 trillion from the International Development Association– IDA of the World Bank Group to support the electricity access scale-up project. The legislators passed the unanimous resolution following a motion moved by the Minister of State for…
In a bid to counter the adverse impact of climatic change in Uganda, power regulator Electricity Regulatory Authority (ERA) in December 2021 introduced a Cooking Tariff known as Declining Block Tariff, which would enable domestic consumers connected on the national power grid to use electricity for cooking, instead of charcoal and firewood. The main objective…
Eversince,Moses Kirwana one of top promoters of transgender activists went into hiding for his dear life alot things have happened to his family members. The latest information we are receiving is that his son Hamza Kakembo who has been studying at Kyambago is feared to be gone after spending good months without being seen anywhere.…
It was tough going through the two years of lockdown resulting from the Corona Virus Disease 2019 (COVID-19) pandemic in Uganda. But some households that survived the lockdown may not live through the prevailing financial one in the country. During some of that time, movement by public means was prohibited. Trading in crowded places was…
Three senior six candidates of Bukalasi Secondary School in Bududa district failed to show up on Monday for their Economics paper on day one of the Uganda Advanced Certificate of Education Examinations-UACE. The Uganda National Examinations Board (UNEB) began conducting UACE for all A’ level candidates beginning with Economics Papers one and two for Arts candidates and Chemistry…
