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World Bank: Russia-Ukraine War Dampens Uganda’s Economic Growth
New global shocks and the impacts of the Russia-Ukraine war has dampened Uganda’s economic growth prospects amidst the waning coronavirus pandemic and full re-opening of the economy and a clearer outlook for oil production following signing of the Final Investment Decision in February this year. Uganda’s economy is now estimated to grow at 3.7 percent…
World Bank, UBOS To Release Joint Statement On ‘Middle Income’
The Uganda Bureau of Statistics-UBOS and the World Bank have disagreed on the methodology used in determining the country’s economic status. They will however release a joint statement in the next 24 hours on Uganda’s status. In his State of the Nation Address on June 7, President Yoweri Museveni said that Uganda would achieve the…
World Bank Names Taliercio Country Director For West Africa
The World Bank has appointed Robert Talierco O’brien as the Country Director for Ghana, Liberia, and Sierra Leone in the Western and Central African Regions. Taliercio’s appointment will take effect on January 2, 2024. Taliercio is an American national who joined the World Bank in 2000 as a young professional in the Africa region and…
World Bank Donates Shs57 Billion In Fight Against Covid-19 Pandemic
The World Bank Uganda office has donated Uganda Shillings 57bn (USD 15m) towards the country’s fight to the spread of coronavirus. The money according to Antony Thompson, the World Bank Uganda Country director, will be re-allocated from the Reproductive Maternal and Child Health Services Improvement Project. The money will be put back from the Fast-Track…
World AIDS Day: Ruparelia Foundation, Sanyu FM donate 120 Mattresses, Other Scholastic Materials To HIV/AIDS Orphans
Ruparelia Foundation and Sanyu FM has donated scholastic materials to one of the vulnerable children homes in Luzira, Kampala as one way of touching their lives and giving back to the community. The donations are in line with the marking of the international World AIDS Day commemorated December 1 every year since 1988. This years…
Works Ministry Takes Over Motor vehicle Registration From URA
Uganda Revenue Authority ‘URA’ has today handed over motorvehicle registration to Ministry of works and Transport (MoWT) following the Government decision to transfer the administration and management of the Motor Vehicle Registration function. The mandate to register and license motor vehicles in Uganda will be a responsibility of the Ministry of Works and Transport today.…
Works Ministry Runs Out Of Cash To Construct Roads-Gen.Katumba
The Minister of Works and Transport, Gen. Edward Katumba Wamala, has said that his Ministry has no money to fund its ongoing road works. Speaking in response to the concerns raised by Members of Parliament over collapsed bridges in certain parts of the country during the sitting, Gen. Katumba Wamala said that the finance ministry…
Works Minister Gen Katumba Decries Inadequate Funding For Road Construction Projects
In a significant shift in infrastructure strategy, the government will now have renewed focus on the maintenance of existing roads over construction of new ones. This decision comes amidst reduced allocations of funds and inadequate releases, which have led to a substantial maintenance backlog in the road network across the country. The Minister of Works…
Workers Start CountryWide Strikes Over NSSF Funds
Workers have announced a nationwide strike against what they called unfairness by the Finance Ministry to take over sole control over the National Social Security Fund (NSSF). Trade Union leaders under the National Organisation of Free Trade Union (Notu) during a General Council meeting unanimously resolved to mobilize the workers across the country to lay…
Workers Accuse Pharmaceutical Society of Uganda Secretary Stephen Lutoti Of Exploitation
The Pharmaceutical Society of Uganda boss Stephen Lutoti has come under fire for failing to remit salaries for his disgruntled employees. The victims are employed at his personal herbal concoction business Eloipharm company and have not been paid for the last six month. They say that due to delayed salary payments, they can no longer…