The Big Story

MPs approve 20% access to NSSF Savings; NSSF Bill to be passed after July

Muhereza KyamuteteraThe Big StoryMay 22, 2020May 22, 2020

Preliminary reports from Parliament, indicate that MPs on the Gender, Labour and Social Development and the Finance, Planning and Economic Development committees have agreed to a revision in the current…

National Local Content Bill is passed: 14 key things you ought to know

theceomaThe Big StoryMay 22, 2020May 22, 2020

On Wednesday May 21st 2020, Members of Parliament (MPs) overwhelmingly passed the National Local Content Bill, 2019 with overwhelming support from both sides of the aisle. The bill is a…

UN and Makerere report says 100,000 formal sector and 4,400,000 informal sector jobs to be lost to Covid-19

Muhereza KyamuteteraThe Big StoryMay 22, 2020May 22, 2020

62.3 percent of Ugandan business are considering or have already started cutting jobs as a result of Covid-19, a trend that could render up to 100,000 Ugandans jobless in the…

Uganda to benefit from US$500 million World Bank program to fight locusts

CEO ReporterThe Big StoryMay 21, 2020May 21, 2020

The World Bank Group has approved today a US$500 million program to help countries in Africa and the Middle East fight the locust swarms that are threatening the food security…

Gov’t to borrow a record UGX5.7 trillion for Covid-19, roads, health and private sector

Muhereza KyamuteteraThe Big StoryMay 21, 2020May 21, 2020

Government of Uganda is to borrow up to USD1.51 billion (UGX5.7 trillion) from various multilateral lenders, once Parliament approves the motions tabled before it. According to a parliament brief to…

BANK OF AFRICA’S ARTHUR ISIKO: Our doors are open for post-Covid-19 recovery solutions

Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryMay 20, 2020May 20, 2020

Most often people do look out for profits or losses in a bank’s results, but there is often a lot of facts behind the figures that go unmentioned. What are…

Uganda turns back 32 foreign Covid-19 positive truck drivers as new hi-tech 3000-tests-a-day machine goes into action

Muhereza KyamuteteraThe Big StoryMay 19, 2020May 19, 2020

Government of Uganda on May 18th turned 32 foreign truck drivers who tested positive for Covid-19 back to their respective countries. This followed the testing of 1,743 samples of truck…

Covid-19: All measures to ease lockdown are dependent on the availability of gov’t issued masks; Museveni clarifies

Muhereza KyamuteteraThe Big StoryMay 19, 2020May 19, 2020

The Uganda government has moved to ease down on a number of travel and business-opening restrictions, but President Museveni insists all these moves are dependent on the availability of government…

RICHARD BYARUGABA’S LETTER TO NSSF MEMBERS: NSSF supports mid-term benefits to members

Muhereza KyamuteteraThe Big StoryMay 18, 2020May 18, 2020

Dear Esteemed Member, The global outbreak of COVID-19 has disrupted all economies around the world. The rapid spread of the virus has posed massive health, economic and social challenges to…

RISING LAKE VICTORIA WATER LEVELS: NWSC Assures Customers Infrastructure is Safe and Services will not be Interrupted

CEO ReporterThe Big StoryMay 18, 2020May 18, 2020

Dr. Mugisha made the remarks while touring the corporation’s water production installations recently during which he also shared that the corporation has initiated a risk mitigation plan to handle any…