Stories :: Category: Business and finance :: Accepted date: September 2022
Updated: 29 Sep, 09:0609:06
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COMESA Committee Urges Uganda to Act on Oil Suspended in Kenya
28 Sep 2022, 20:53 Comments 369 Views Kampala, Uganda Business and finance Health East Africa Updates“COMESA has a statutory committee called the COMESA Consumer Protection Committee. Once that committee issues a statement, that statement binds all COMESA member-states,” says Wetasa, who is also the Chairperson, COMESA Consumer Protection Committee.
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Financial Industry Regulation Bodies Push for Harmony
28 Sep 2022, 18:12 Comments 210 Views Kampala, Uganda Business and finance UpdatesMiriam Musaali, the Legal and Compliance Manager at CMA says that this over-regulation does not only create confusion but is also a cost addition for the enterprises which also spend more time processing compliance requirements.
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Gov’t Introduces Special Grant for Older Persons Aged 60-79 Years
28 Sep 2022, 17:54 Comments 507 Views Human rights Business and finance UpdatesCharles Isabirye, the Chairperson of the National Council for older persons in Uganda said that older persons can access the grant in groups of 5 to 10 people and each group will be given five million shillings which they can channel into ventures like farming, Poultry and other ventures.
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Contractor Given Additional Time to Complete USMID Roads in Gulu
28 Sep 2022, 13:46 Comments 199 Views Gulu, Uganda Northern Business and finance Local government UpdatesIsiah Tumwesigye, Gulu City Clerk told Uganda Radio Network in an interview on Wednesday that the contractor recently requested a contract time extension following numerous challenges it encountered.
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Gov’t Reviewing Hybrid Procurement Method
28 Sep 2022, 08:44 Comments 244 Views Gulu, Uganda Northern Business and finance Local government UpdatesMusasizi said that the government through the Ministry of Finance has since instituted a subcommittee to analyze the challenges to find a lasting solution.
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Too Early To Say No To Oil and Gas - Total
28 Sep 2022, 08:01 Comments 525 Views Kampala, Uganda Oil & Gas Politics Business and finance AnalysisPouyanné in a statement said with the increased penetration of renewables globally, natural gas keeps a key role in the energy transition to ensure firm power, in addition to pushing out coal in all sectors of final demand.
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Stay Away from Battles you Won't Win - Museveni Tells EU MPs
28 Sep 2022, 07:46 Comments 250 Views Kampala, Uganda Business and finance Human rights Environment UpdatesPresident Museveni told the Uganda Oil and Gas Conference in Kampala that there is no plan to halt the developments of any of the projects, urging the EU MPs not to start a battle.
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Self-Help Groups to Register Before They Are Allowed to Operate
27 Sep 2022, 17:03 Comments 191 Views Business and finance UpdatesThe Minister of State for Finance Haruna Kasolo said this has been done to safeguard people’s savings in these groups.
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Police Blocks Lukwago's Meeting with Boda Boda Riders
27 Sep 2022, 15:07 Comments 291 Views Kampala, Uganda Politics Business and finance ReportThe meeting that was scheduled to take place at the City Hall Tuesday could not proceed as planned after security personnel comprised of the police,
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Moroto Enforces Handwashing, Monitors Travelers over Ebola
27 Sep 2022, 13:37 Comments 284 Views Health Human rights Business and finance UpdatesDistrict health director Dr James Lemukol said they are on high alert adding that their team was mandated to monitor the people who traveled from western Uganda.
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5 Eye Sebei Cooperative Union Top Position
27 Sep 2022, 13:00 Comments 250 Views Business and finance Human rights Agriculture ReportSeventy-two co-operative societies across Sebei sub-region are to decide who is to take the Union top position for the next four years in an election slated for September 30.
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Market Operators Protest Against Street Vendors in Fort Portal
27 Sep 2022, 12:48 Comments 239 Views Business and finance Human rights UpdatesThe traders say that they no longer receive clients as customers prefer to purchase items outside the market.
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Stiff Competition from Oil Seed Crops Affecting Cotton Production
27 Sep 2022, 12:03 Comments 223 Views Apac, Uganda Agriculture Business and finance UpdatesBarnabas Moses, the coordinator Apac District Cotton Development Organization says Apac having fertile land, farmers have resorted to growing sunflower, soya beans and maize which earns them more money and are forgetting to grow cotton.
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NSSF Savers Get 9.65 Per cent Interest Top story
27 Sep 2022, 11:26 Comments 541 Views Business and finance UpdatesThis is the lowest interest rate in several years, due mainly to the implementation of the Mid-Term Access to Funds project that was introduced earlier this year.
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Kotido Farmers Warned Against Selling off Their Harvest
27 Sep 2022, 07:59 Comments 285 Views Kotido, Uganda Business and finance Agriculture Lifestyle ReportJoseph Abura, the Bishop of Karamoja Diocese says that the harvest for this year was very poor, and therefore more hunger crisis is expected come 2023.
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Financial Technology Industry Better Regulated Today - Operators
26 Sep 2022, 23:51 Comments 201 Views Kampala, Uganda Business and finance Science and technology UpdatesThe commonest of these services has been the growth on electronic finance that follows or is based on the mobile money mode, mainly focused on transfer or payment, but they have increasingly diversified into agriculture extension and trade, among others.
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Experts Explain Why Gen Katumba Banned Using Timber in Constructing Slabs
26 Sep 2022, 19:26 Comments 989 Views Kampala, Uganda Business and finance Politics ReportAccording to the Executive Secretary of the NBRB Flavia Bwire, the now banned Steel-Timber-Concrete composite building method is a patented method by a Ugandan she declined to name, and has been used in the construction of a few storied buildings in Kampala.
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Uganda’s Fiscal Deficit Worrying, Finance State Minister Admits
26 Sep 2022, 18:56 Comments 571 Views Gulu, Uganda Northern Business and finance Local government UpdatesMusasizi notes that the country’s tax contribution to the Gross Domestic Product (GDP) is low at only 13.5 percent compared to the government's expenditure which stands around 23 percent, leaving an annual deficit of over 9percent of GDP that must be financed by borrowing.
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10 Cooking Oil Brands, Edible Fats Recalled for Failing Standards Test Top story
26 Sep 2022, 13:59 Comments 740 Views Kampala, Uganda Business and finance Health UpdatesThe Kenya Bureau of Standards (KEBS) says that the brands from Bidco Africa, Pwani Oil Products Ltd, Kapa Oil Refineries Ltd and Menengai Oil Refineries Ltd. failed to meet the required standards as specified in the Fortified Edible Oils and Fats Specifications.,
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