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    Germany Gives Uganda UGX 254b for Energy, Agriculture and Governance

    URNBanking & Financial ServicesJuly 30, 2020

    The Germany government has committed to spending over UGX 253 billion (EUR 58.4 million) to finance access to renewable energy, agriculture and rural development in Uganda. The money will also help…

    Banks Restructured UGX 2.5 Trillion in May – Bankers Association

    URNBanking & Financial ServicesJuly 29, 2020July 29, 2020

    Banking institutions in May restructured loans worth UGX2.5 trillion as more businesses and individuals applied to have their loan repayments halted due to disruptions by Coronavirus-COVID-19. This is more than…

    Uganda National Bureau of Standards moves to Replace Quality Marks

    URNCompany NewsJuly 28, 2020July 29, 2020

    Uganda National Bureau of Standard-UNBS has announced plans to phase out the use of quality marks and introduce distinctive marks on digital stamps. UNBS Deputy Executive Director, Paul Musimami revealed…

    Disagreements emerge over Government Grant to UNAA

    URNBanking & Financial ServicesJuly 28, 2020July 28, 2020

    Controversy is surrounding the government’s grant to the Uganda North America Association (UNAA). UNAA is an umbrella of Ugandans living and working in the United States of America. The government…

    Banks Resume Full Operations After Lift on Lockdown

    URNCompany NewsJuly 27, 2020

    Several commercial banks have announced resumption of full operations after the COVID-19 lockdown was lifted on most business activities across the country. Tropical Bank, Stanbic Bank and Centenary Bank have…

    Uganda Receives UGX117bn COVID-19 Loan from African Development Fund

    URNBanking & Financial ServicesJuly 27, 2020

    Uganda has received a US$ 31.6m (UGX116.7 billion) loan from the African Development Fund (ADF) to help in the response to the Coronavirus (COVID-19) pandemic. In a statement sent out…

    Uganda needs a Fresh Master Plan to Revive Tourism Sector – EU tells government

    URNThe Big StoryJuly 27, 2020July 27, 2020

    The European Union (EU) Ambassadors to Uganda have appealed to government to consider having in place a comprehensive master plan that will ensure the resuscitation of the country’s tourism sector….

    URA Gives Companies up to end of September to Start Issuing e-receipts

    URNCompany NewsJuly 24, 2020July 24, 2020

      Taxpayers who will want to claim a tax refund from Uganda Revenue Authority – URA will not be allowed if they don’t implement the electronic invoice and receipt system….

    Tourism Sector Fully Opens After Four Months of Lockdown

    URNBanking & Financial ServicesJuly 24, 2020

    All tourism sites in Uganda are now open for visitors, Col. (Rtd) Tom Butime the Minister of Tourism, Wildlife and Antiquities has said. But with the country’s borders still closed,…

    Health Ministry Seeks UGX 465bn For Covid-19 Fight

    URNBanking & Financial ServicesJuly 23, 2020

    The Ministry of Health is seeking UGX465 Billion for COVID-19 intervention. According to the Ministry Permanent Secretary Dr Diana Atwine, UGX240 Billion is required for test kits and laboratory consumables,…

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