Tag: Funds

Uganda buys far more from foreign countries than it sells abroad, creating a massive $4.6 billion trade gap. Because international sellers only accept US dollars, local traders are constantly scrambling to buy greenbacks, driving the dollar’s value up and shilling down.
"It is very sad to learn of the death of our brother Hon. Charles Matovu, former Member of Parliament for Busiro South, who passed on yesterday. Hon. Matovu represented his people with vigor and utmost dedication in the 11th Parliament. He was a member of the Parliamentary football team, where his tremendous contribution led us to dominate the East African Parliamentary games. My condolences go out to his family, the people of Busiro South, and the country at large. May he rest in eternal peace., Tayebwa said.

Kampala Boda Boda Community Set to Launch Marathon to...

The marathon, dubbed the ”Boda Boda Riders General Road Users Marathon,” will take place on Saturday, August 27, 2024, and the funds raised will be directed towards procuring ambulances and ensuring timely medical assistance for accident victims.

Uplift the Private Sector to Improve the Economy—NEED to...

For the government to uplift the private sector, the middle-class economy has to be revived. Uganda’s economy has no middle class but rather the political class, which is the rich and the poor.

Gov’t to Compensate West Nile Bank Front Ex-Combatants Worth...

The government of Uganda is set to pay around Ugx 5.1 billion to 4,901 ex-combatants of the defunct West...

Karamoja: Nabilatuk District Roads Maintenance Works Worth Ugx 1Bn...

The rehabilitation works on the Nabilatuk-Lorengecora road, linking Napak and Nabilatuk districts in Karamoja sub-region, have commenced after receiving...

Local Gov’ts Advised on Proper Revenue Mobilization Strategies

The Uganda Revenue Authority (URA) has urged local governments to implement proper revenue mobilisation strategies for increased revenue in...

We are Ready to Probe Reported Irregularities at Parliament—IGG...

The Inspectorate of Government (IG) is set to launch a special investigation into the reported irregularities within the operation...

URBRA Registers Increased Number of Savers for Retirement

The Uganda Retirement Benefits Regulatory Authority (URBRA) has launched the annual retirement benefits sector report, highlighting the growth of...

Speaker Among Seeks Government’s Explanation on LOP’s Denial to...

The Speaker of Parliament, Annet Anita Among, has questioned the Leader of Government Business, Lukia Nakadama, about why the...

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