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Inflation Rises to 7.1% in March

Inflation Rises to 7.1% in March

Mar. 31 | By Our Reporter The Annual Headline Inflation for the year ending March 2014 rose to 7.1% compared to the 6.8% (revised) that was recorded for the year ended February 2014. This is largely from Annual Food Crops Inflation that increased to 28.3% for the...

Smart Telecom-New Telecom Joins Ugandan Market with Cheapest Rates

Smart Telecom-New Telecom Joins Ugandan Market with Cheapest Rates

Mar. 18 | By Kezia Agaba Smart Telecom is the latest Telecom Company to join the Ugandan market. The telco which is part of the  Aga Khan Foundation has been running the “Give Us a Name” campaigns .It launched its services in Uganda on Sunday .The campaign ...

Two Barclays Africa-funded Energy Transactions Win 4 International Awards

Two Barclays Africa-funded Energy Transactions Win 4 International Awards

Mar. 12 | By Ahura Mujuni Mark  Two deals worth a combined R14.7 billion led by the Corporate and Investment Banking division of Barclays Africa have secured four top international awards, confirming the bank’s position as a market leader in Africa’s energy...

Museveni to Support Turkish CER Group’s Investment in Uganda

Museveni to Support Turkish CER Group’s Investment in Uganda

Mar. 7 | By Our Reporter President Yoweri Museveni has promised to  support the Turkish CER Group to invest in Uganda’s economic development. The group plans to invest in agro processing, infrastructure development, exploration of petroleum, energy, refinery...

New Holland Welcomes Uganda Minister of State for Agriculture at Zedelgem Harvesting Centre of Excellence

New Holland Welcomes Uganda Minister of State for Agriculture at Zedelgem Harvesting Centre of Excellence

Mar. 1 | By Our Reporter New Holland Agriculture opened the doors to its Harvesting Centre of Excellence in Zedelgem, Belgium, to a Ugandan Government delegation on a fact-finding mission for the Country’s dairy and husbandry sector. New Holland Agriculture...

Northern Uganda Youths Petition Parliament over Unemployment

Northern Uganda Youths Petition Parliament over Unemployment

Feb. 13 | By Ahura Mujuni Mark Youth from the northern Uganda districts of Oyam, Amuru and Nwoya have petitioned Parliament seeking for its urgent intervention to address the rising redundancy and unemployment in the region. “Over one million youth in northern...

Motivate Commercial Banks to Get to Rural Areas-Kadaga

Motivate Commercial Banks to Get to Rural Areas-Kadaga

Feb. 11 | The Speaker of Parliament Rt.Hon.Rebecca Kadaga wants  government to motivate commercial banks by giving them  special incentives to encourage them  open up branches in the rural parts of Uganda. Kadaga made the remarks while addressing a training...

Case IH Sets Foot in East Africa with Modern Agricultural Equipment

Case IH Sets Foot in East Africa with Modern Agricultural Equipment

Feb. 4 | By Ahura Mujuni Mark Case IH has intensified its distribution activities in East Africa, in response to the rapidly growing demand for modern agricultural equipment from the region’s national economies, such as those of Tanzania, Uganda and Kenya. The...

Speaker Kadaga Wants Minimum Wage Set for Workers

Speaker Kadaga Wants Minimum Wage Set for Workers

Feb. 4 | By Jumah Nsubuga The Speaker of Parliament Rebecca Kadaga says, setting a minimum wage will greatly help workers in Uganda, especially those employed by foreign investors. Ms Kadaga  made the remark while officiating the launch of the Forum for Social...

Museveni Acclaims Improved Movement of Goods on Mombasa Port

Museveni Acclaims Improved Movement of Goods on Mombasa Port

Jan. 24 | By Ahura Mujuni Mark President Museveni has applauded the improved movement of goods via the Mombasa port, making a flashback at the hardships traders have been facing in the past years seeking clearance at the East African port. Addressing the 4th Meeting...

UNICEF Sends Urgent Supplies to War Stricken South Sudan

UNICEF Sends Urgent Supplies to War Stricken South Sudan

Jan. 22 | The United Nations Children’s Fund (UNICEF) has delivered vital supplies to women and children across South Sudan. The first of two planes chartered by UNICEF) arrived in the capital, Juba, yesterday. The plane brought treatments for malaria, pneumonia,...

UN General Assembly Approves $5.5 Billion UN budget for 2014-2015

UN General Assembly Approves $5.5 Billion UN budget for 2014-2015

Dec. 29 | The General Assembly has approved a budget of $5.5 billion for the United Nations to carry out its vital work over the next two years. The 193-member body approved the budget for the biennium 2014-2015 by consensus, acting on the recommendation of its...

Annual Headline Inflation Reduces to 6.8 Percent in November

Annual Headline Inflation Reduces to 6.8 Percent in November

Dec. 2 | By Our Reporter The year ending November 2013 registered an Annual Headline Inflation rate of 6.8% compared to the 8.1% that was recorded for the year ended October 2013. The Annual Core (Underlying) Inflation rate was recorded at 7.0% for the year ending...

East African Trade Bloc Approves Monetary Union Deal

East African Trade Bloc Approves Monetary Union Deal

Dec. 1 | By Ahura Mujuni Mark Heads of five East African countries have signed a protocol  laying the groundwork for a monetary union within 10 years that they expect will expand regional trade. The agreement was  reached at the lakeside resort of Munyonyo in...

Apple Launches Thinner iPad Air

Apple Launches Thinner iPad Air

Oct. 23 | Apple has  launched  its iPad Air – thinner, lighter, more powerful than before. It has 9.7-inch Retina display with a smaller bezel and is 43 per cent thinner than the previous model, making it more comfortable to hold. It also has a 5MP camera...