NEWS

By Julius Businge This is the second straight month the Central Bank of Uganda is staying its policy interest rate, the central bank rate (CBR) unchanged at 12%, Governor Emmanuel Tumusiime Mutebile told a news conference in Kampala on Nov. 4. The policy rate stood at 11% in August before …

By Ronald Musoke Following Total E&P Uganda’s donation of an assortment of safety glasses to Owiny Primary School in Pokwero, Nebbi District on Oct.31, the pupils will be among thousands of curious Ugandans and tourists who will view the eclipse on Nov. 3. The health ministry is cautioning people who …

By Julius Businge France and the government of Uganda have signed a concessionary loan agreement totaling to about $23m to finance the construction of the Nkenda-Fort Portal-Hoima transmission line to evacuate electricity from the proposed thermal power plant at Mputa oil field in Hoima. The 220 kV line is also …

By Julius Businge On the eve of two major agriculture summits in Mauritania and Senegal, the World Bank is urging African countries and communities in the Sahel and the international development community to help protect and expand pastoralism on behalf of the more than 80 million people living in The …

By The Independent Team President Joseph Kabila announced on Wednesday that he is ready to create a unity government aimed at ending years of war in the country. Kabila made the remarks while at a public speech. “A government of national unity will be soon put in place,” he said. …

By Jimmy Siya Oluka Joseph 57 an employee of Terrain Services Ltd narrowly survived death on Friday October18 after he was hit by an over speeding Boda-boda motorcycle along Entebbe road near Mildmay Uganda which left his right leg broken. He was rushed to St. Raphael of St. Francis Hospital …

By Julius Businge President Yoweri Museveni has today commissioned the construction of the ultra modern Nakawa-Naguru satellite town with a call to the constructors to implement the project on time and expose saboteurs, according to a media release from State House dated Oct. 14. “Prove those ignoramus people and saboteurs …

By Julius Businge World Bank Group President Jim Yong Kim has said that he would direct more funding to fragile and conflict-affected states in a bid to fight poverty among the people, he said in a statement released on Oct. 1. Extreme poverty was “the defining moral issue of our …

By Julius Businge The 21st Uganda International Trade Fair opens tomorrow (Oct. 2) and will run up to Oct. 10 at Uganda Manufacturers Association show grounds under the theme “Accelerating Trade and Industrial Growth”. The fair is organized by Uganda Manufacturers Association, the umbrella body for all manufacturers in Uganda. …

By Stephen kafeero Uganda has been selected to host the Rotary International Presidential Africa Youth Conference (RIPAY) 2013 from 4th -5th November. The conference will be hosted by Rotary International President Ron D Burton and will be held at hotel Africana under the theme “Engage Rotary Change Lives: Taking change …