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Traders Storm Streets to Cash In On Xmas Sales
TweetSome Vendors from Lira main market have taken to the streets to vend merchandise to cash in on the festive season. The group is mainly comprised of vendors who missed space at Coronation Park,...
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North Livestock Restocking To Cost Shs. 20b
TweetGovernment has earmarked 20 billion shillings for the expanded livestock restocking program in Northern Uganda under the Peace, Recovery and Development Program-PRDP. Rebecca Amuge Otengo, the...
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AU Launches Minerals Dev’t Centre
TweetIn what is being seen as efforts to use Africa’s mineral wealth to develop the continent, the African Minerals Development Centre (AMDC) was finally launched at the just-concluded Conference of...
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Did SAACO Leaders Burn Owino?
TweetThe recent fire that gutted Owino market destroyed property worth billions A section of the Nakivubo Parkyard Market vendors have accused the leaders of their Kampala United Parkyard Cooperative...
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IMF Cautions Uganda on Domestic Borrowing
TweetIn the 2013/14 financial budget, finance minister Maria Kiwanuka indicated that government would borrow Shs 1trillion for infrastructure projects from the domestic by issuing treasury bills and...
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Pioneer Buses Set January Deadline
TweetPassengers lining up to board on of the buses Bosses of grounded Pioneer Easy Bus Company have vowed to resume operations by the end of January 2014 the earlier their woes with Kampala Capital...
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ERA Against Umeme’s Proposed Higher Power Tariffs
TweetPower distributor, Umeme’s proposed increasing of the end-user tariffs for domestic consumers by 9.95 per cent starting next year has been refuted by the Electricity Regulatory Authority (ERA). If...
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Byarugaba’s NSSF Reign Ends Today
TweetNSSF MD Richard Byarugaba The contract of the National Social Security Fund Managing Director Mr Richard Byarugaba has with “immediate effect” today expired. Byarugaba has been at the helm of the...
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Uganda Economy Growing, IMF
TweetFinance Minister Maria Kiwanuka The Ugandan economy will grow 6.25 percent this fiscal year, driven by heavy public investment which is seen sharply widening the fiscal deficit, the International...
View ArticleBillions At Stake As South Sudan Crisis Affects Trade
TweetUgandan businesses and businessmen in South Sudan have to count their losses as a result of the crisis ongoing in that country. According to the Uganda Traders Association of South Sudan most of...
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NSSF Gets New MD
TweetGERALDINE Ssali is the new acting managing director of the National Social Security Fund (NSSF). Geraldine Ssali, a renowned international finance manager, has been appointed the acting managing...
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Mbarara Underfire Over Street Lighting
TweetMbarara Municipal has come under fire from lorry and bus operators for alleged failure to install lights on the streets leading to the bus and lorry parks. The bus park is located in Kisenyi...
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CBR Retained At 11.5 %
TweetBank of Uganda Governor Tumusiime Mutebile Uganda’s Central Bank Rate (CBR) to commercial banks at 11.5 per cent as it was in December. Analysts in the financial markets had anticipated a...
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Pioneer, KCCA Talks Deferred
TweetPioneer Easy Bus Company is yet to resume operations, despite signing a memorandum of understanding with Uganda Revenue Authority-URA in December last year. The delay to resume operations is...
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Corporate Demand For The Dollar Projected To Pick Up
TweetCurrency experts at Centenary Bank expect dollar demand to pick up in the near future as firms start unlocking their 2014 business strategies. “We are anticipating corporate demand to return to...
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Forgotten Uhuru Overshadowed By Bigger Cousin Murchison Falls
TweetIt is overshadowed by the mighty Murchison Falls that very few people actually know the name of the falls, just few metres away from the Murchison Falls. Uhuru Falls came into existence in 1962,...
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Uncertain KCCA Salaries As Gov’t Cuts Funding
TweetEmployees of Kampala Capital City Authority-KCCA may miss their pay should they fail to collect their projected revenues, Red Pepper Online edition has learnt. Government has written to KCCA...
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Oil Activities Affecting Wildlife?
TweetUganda Wildlife Authority embarks on a study to establish the number of animals running away from National parks because of oil exploration activities, Charles Tumwesigye, the Deputy Director of...
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ERA Reduces Power Tariffs In Nearly A decade
TweetThe Electricity Regulatory Authority (ERA) yesterday announced a downward change in electricity tariffs for the first time since 2005. With effect from 16th January 2014, the end user tariff will...
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EX-NSSF Chairman To Resume Trial
TweetMr Onegi (C) and another suspect are led to Luzira Prison on Monday, August 2 2010 The Constitutional Court on Wednesday ruled that former Board Chairman of the National Social Security Fund...
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