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The News Today

Cipla records Shs36bn loss

The company remains strong to deliver good performance going forward, officials say Kampala, Uganda | JULIUS BUSINGE | The Kampala-based drug manufacturer, Cipla Quality Chemical Industries Ltd, has recorded a Shs36bn loss for the financial year 2019/20 compared to a profit of Shs7bn recorded in the previous year. Company officials …

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Fear of another lockdown

Experts differ on handling rising COVID-19 cases | MUBATSI ASINJA HABATI | Recent increases in coronavirus disease COVID-19 cases are causing anxiety among Ugandans. Many fear the government will impose another lockdown. By June 11 total confirmed cases were 679. That is a jump of 172 cases or 34% from …

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ANALYSIS: COVID-19 Chaos

How lies, fatigue are derailing Uganda’s fight against pandemic Kampala, Uganda | RONALD MUSOKE | Ugandans no longer fear the coronavirus disease (COVID-19) and that is very dangerous. Government officials in charge of fighting the spread of the disease are increasingly getting under pressure including from fake news. When Betty …

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BREAKING: Burundi to swear in Ndayishimiye

Burundi court orders swearing in of president-elect Bujumbura, Burundi | AFP |  Burundi’s constitutional court on Friday ruled that the country’s newly elected leader Evariste Ndayishimiye be sworn in as soon as possible following the sudden death of President Pierre Nkurunziza earlier this week. “No interim necessary, the president-elect …. …

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BUDGET: Museveni unhappy with low tax collections

  Budget 2021 summary ✳ Resource envelope Sh45.5 trillion ✳ Revenue Sh21.8 trillion ✳ Uganda GDP Sh138 trillion ✳ Uganda GDP rate +3.1% ✳ Electricity output 1254MW ✳ Paved roads 5600km ✳ National IT backbone, 49 districts ✳ Internet bandwidth $70/Mbps ✳ UDB sh1 trillion injection ✳ Domestic arrears pay 673bn …

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LIVE: Uganda budget speech 2020-2021

  #UGBUDGET20 ✳ Sh45.5 trillion ✳ Cuts on travel, conferences ✳ Security Sh4.5 trillion ✳ Works Sh5.8 trillion ✳ Govt to borrow Sh11trillion ✅ 2020 – Sh45 trillion ✅ 2019 – Sh40 trillion ✅ 2018 – Sh32 trillion ✅ 2017 – Sh22 trillion ✅ 2016 – Sh20 trillion Kampala, Uganda …

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