Block 8
EU Members Hail Museveni’s Lifting Of DGF Suspension
The Democratic Governance Facility (DGF) Development Partners has released a statement hailing President Yoweri Kaguta Museveni and the Government of Uganda for lifting the Suspension on DGF, a civil society funding body, whose activities were suspended last year. In June, 2022, President Museveni agreed to lift the ban he imposed on Democratic Governance Facility (DGF),…
Govt Launches Campaign To Give Out Gas Cylinders To 1 Million Households
The Government has launched the distribution of Liquified Petroleum Gas – LPG cylinders targeting one million households in a bid to promote safe and clean cooking. Launched Tuesday by Ruth Nankabirwa, the Ministry of Energy and Mineral Development in Bugo Zone, Busabala in Wakiso District, the new initiative will see each benefiting household receive a…
Uganda Adopts Kiswahili As Official Language
Uganda has adopted Kiswahili as an official language, a top government official said on Tuesday. Dr. Chris Baryomunsi, the Minister of Information Communication Technology and National Guidance told reporters that the Cabinet on Monday approved the implementation of a directive by the 21st East African Community (EAC) Summit that Kiswahili be adopted as an official…
INFLATION: Stranded BoU Raises CBR To 8.5 Percent
Bank of Uganda has decided to raise the Central Bank Rate by a percentage point to 8.5 percent as part of emergency measures against the spiraling inflation. This was decided at Tuesday’s emergency Monetary Policy Committee meeting called by the Central Bank Deputy Governor, Michael Atingi-Ego to respond to a situation that has seen prices of…
It’s a Lucrative Business Which Only Few Ugandans Know About: Tycoon Rajiv On Pet Business In Uganda
Visionary tycoon Rajiv Ruparelia who many describe as Uganda’s economy explorer for his lucrative investments in various sectors has bemoaned the fact that only a few Ugandans have tested on profits from animal (pets) business opportunity. A pet, or companion animal, is an animal kept primarily for a person’s company or entertainment rather than as…
Inside Sudhir’s Legal Team Against BoU: Meet The KAA Lawyers That Have Triumphantly Floored Bank Of Uganda – The Most Ruthless Regulator
Every case is as good as its legal strategy and every legal strategy is as good as the team on it. To defend himself against a UGX397 billion (USD106 million) suit from Bank of Uganda, arguably one of Uganda’s most feared, ruthless and cash-rich regulators, Dr. Sudhir Ruparelia, Uganda’s richest businessman had to go for…
UPDF Officer Col. Nyakaisiki Carol In Trouble For Allegedly Conniving With Judicial Officers To Frustrate Widow, Grab Late Brother’s Property As Widow, Orphans Languish
Lt. Col. Nyakaisiki Carol Basalisa, who is involved in a bitter property wrangle with her relatives, has landed in hot soup after it emerged that she is using her position as a Uganda Peoples Defence Forces (UPDF) officer to intimate and take advantage of the people she is supposed to help. Controversy arose about how…
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…
UNATU Calls Off Teachers Strike
Teachers under Uganda National Teachers’ Union-UNATU have agreed to call off the teachers’ strike. The decision was taken on Monday evening after a meeting between UNATU leaders and President Yoweri Kaguta Museveni at Kololo Ceremonial Grounds. During the meeting, UNATU presented their case but the President told the teachers that the government has already provided…