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Business - Page 32

Abu Dhabi Based Firm Aims At Investing In Ugandan Tea Sector

The Ministry of Agriculture, Animal Industry and Fisheries has signed a memorandum of understanding (MOU) with UAE-based Elite Agro LLC (EAG) to explore potential business opportunities in the Uganda tea sector. Elite Agro is one of the leading producers and distributors of
May 5, 2022

Uganda Airlines Explains UGX. 85bn Budget Request

Uganda Airlines has dismissed media reports that the National carrier is seeking UGX 85bn to buy a new CRJ90 engine (Bombardier engine). Rahim Shakila Lamar, the Corporate Affairs & Public Relations Manager at Uganda Airlines has clarified that the UGX 85bn Uganda Airlines was
May 5, 2022

Finance Minister, AG Defend Controversial Coffee Deal

The Attorney General Kiwanuka Kiroywa and Finance Minister Matia Kasaija have defended the controversial coffee contract between the Government and the Italian investor that has ruffled feathers since last month. While appearing before the parliamentary committee on Trade, Tourism and Industry chaired
April 28, 2022

MPs Push For Release Of UGX 440 Billion For Entebbe Airport Expansion

The Parliamentary Committee on Physical Infrastructure wants the government to release Sh440 billion for the second phase of upgrading and expansion of Entebbe International Airport. The committee Chairperson David Karubanga says the Uganda Civil Aviation Authority-UCAA has completed close to 80 percent
April 24, 2022

Re-allocate Shs319 Billion Lubowa Hospital Budget

The Chairperson of the Finance Committee, Keefa Kiwanuka has advised the Minister of Finance to re-allocate the Shs319 billion earmarked in the 2022/2023 budget for the International Specialised Hospital in Lubowa. This was during the meeting with the Ministers of Finance, led
April 21, 2022
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