The forum comes as UWA continues to strengthen partnerships and procurement systems to support conservation. The authority is mandated to conserve and sustainably manage Uganda’s wildlife and protected areas.
Dan Petrie, the Acting Chief of Staff of the Millennium Challenge Corporation, said MCC had signed a $60 million Energy Threshold Program hours earlier. The programme aims to lower high electricity costs and improve reliability by modernising the Energy Regulatory Commission, strengthening electric cooperatives, piloting smart-grid technologies and unlocking domestic capital for power infrastructure.
Mwesigwa explained that a peaceful transfer of power is the one that will facilitate the restoration of the presidential term limits, asking President Museveni to lead this by example. He added that if someone else takes power from him forcefully, as he did in 1986, his gospel will have no impact.
The directive is in accordance with section 89(1) of the Tier 4 Microfinance Institutions and Money Lenders Act, which states that the maximum interest rate that a money lender shall charge on the principal or the actual sum of money advanced as a loan to a borrower is two point eight percent (2.8%) per month or thirty-three point six percent (33.6) per annum.