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    Elections Could Affect Recovery of Lending Businesses

    URNBanking & Financial ServicesJanuary 13, 2021January 13, 2021

    Lenders are hoping that the general elections will be peaceful so that their businesses return to normal. Like many other sections of the economy, the financial sector is still trying…

    COVID-19 Rescue Packages Not working – SMES

    URNBanking & Financial ServicesJanuary 13, 2021January 13, 2021

    The rescue package that was announced by governments around the world to help Small Scale Enterprises-SMEs to recover from the effects of the global COVID-19 pandemic is yet to have…

    Low Oxgyen Killed Nile Perch in Uganda’s Water Bodies – Agriculture Ministry

    URNManufacturing & IndustryJanuary 13, 2021January 13, 2021

    The authorities in Uganda have confirmed the death of Nile Perch (Lates Niloticus) was due to low oxygen in water.  According to Pius Wakabi, the Permanent Secretary Ministry of Agriculture…

    Emyooga: Government Disburses UGX 4.24 billion in Kampala

    URNBanking & Financial ServicesJanuary 13, 2021January 13, 2021

    The government of Uganda has disbursed UGX4.240 billion to 140 Savings and Credit Cooperative Organizations-SACCOs in Kampala as part of the Emyooga Initiative.      The initiative is aimed at…

    Museveni Receives Credentials of Six Ambassadors, Markets Uganda’s Investment Potential

    URNPolitics & GovermentJanuary 12, 2021January 12, 2021

    President Yoweri Kaguta Museveni has received credentials of six new Ambassadors and High Commissioners to Uganda. These include; Netherlands, Egypt, United States of America, Japan, Saud Arabia and the United…

    City Bus Operators Cheating Commuters Despite Abandoning SOPs

    URNLifestyleJanuary 11, 2021January 11, 2021

    Some bus operators within the Kampala suburbs are still charging high transport fares despite abandoning the Standard Operating Procedures-SOPs issued by the Health Ministry to halt the transmission of the…

    Uncertainty Over Elections Takes Toll On Ugandan Traders

    URNBanking & Financial ServicesJanuary 11, 2021January 11, 2021

    City traders are torn between closing their during the election period or staying on to make a little more money amid uncertainties as to how the next few weeks will…

    Banks Disbursed Loans Worth UGX 2.2 Trillion Between July and September 2020

    URNBanking & Financial ServicesJanuary 7, 2021January 7, 2021

    A report by the Ministry of Finance, Planning and Economic Development indicates that banks gave out loans worth UGX2.65 Trillion to the private sector in the first quarter of the…

    African Free Trade Deal: What is In It?

    URNBanking & Financial ServicesJanuary 6, 2021January 6, 2021

    The agreement establishing Africa as one trading block came into force in 2019, setting January 1, 2021 as the date trading within the African Continental Free Trade Area (AfCFTA) would…

    Over UGX 1 Trillion Spent on 2021 Polls

    URNBanking & Financial ServicesJanuary 6, 2021January 6, 2021

    Government has in total allocated UGX1.073 trillion to various Ministries, Departments and Agencies (MDAs) involved in the implementation of election related activities in the run up to the January 2021,…

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