Sunday, November 17, 2024
spot_img

Be the First to Know

More
    HomeBusiness

    Business

    spot_img

    CSOs Demand Government’s Action on Idle Youth

    The government established programs under the National Youth Policy, designed to support young people to find employment by extending grants and other support to small groups of young entrepreneurs with the aim of unlocking the potential of youth for sustainable wealth creation and general development.

    Museveni Unveils Uganda’s Economic Growth, Coffee Sector Expansion

    Despite fierce opposition and extensive debates in recent months, the National Coffee Amendment Bill 2024 was approved during the plenary sitting on Wednesday, 6 November 2024.

    Parliament Passes National Coffee Amendment Bill 2024

    An Act to emend of the National Coffee Act 2021, Act 17 of 2021, aims to dissolve the Coffee Development Authority and transfer its functions to the Ministry responsible for agriculture. 

    LOP Tasks Speaker Among to Withdraw from UCDA Bill

    On March 27, 2024, the first reading was made in parliament with an Act to enact the National Coffee Act 2021. Act 17 of 2021 aims to dissolve the Coffee Development Authority and transfer its functions to the Ministry responsible for agriculture. This change aligns with the government policy on the rationalization of government agencies and public expenditures.

    Museveni Reschedules His PDM Assessment Tour to Bukedi Sub-Region

    The Eastern Uganda tour will begin in the Bukedi sub-region, where the president will evaluate the progress and impact of the PDM initiatives aimed at economic empowerment and grassroots development together with the local leaders, members of the public, selected model farmers, and the technical staff.

    Here is What Informed the Rationalisation of Agencies

    Agencies were found to be big spenders on allowances (sh362b), gratuity and NSSF (sh211b), travel (sh180b), fuel (sh59b), workshops (sh47b), consultancy services (sh75b), etc. On most of these items, agencies outspent ministries, yet the latter employed more people.

    Boeing Workers Call-Off Strike after New Contract Agreement

    As the new contract doesn’t bring back the defined-benefit pension plan that got frozen nearly ten years ago, it does improve the matching contributions for employees’ 401(k) plans. The average yearly salary for machinists is expected to jump from $75,608 to $119,309 over the course of the contract.

    Subscribe

    - Never miss a story with notifications

    - Gain full access to our premium content

    - Browse free from up to 5 devices at once

    Must read

    spot_img