In a move to empower the youth and women of Uganda, the government has recently infused a sh305b into their dedicated programs. These funds have been disseminated under the banner of the Youth Livelihood Programme (YLP) and the Uganda Women Entrepreneurship Programme (UWEP).
In a significant move showing its growing prominence in the dairy sector, Uganda is gearing up to host the Africa Dairy Conference and Exhibition from September 11–15, 2023. This event promises to be more than just an exhibition; it’s an opportunity for Uganda, and Africa at large, to take a giant leap forward in the global dairy industry. The event will be a testament to Africa’s emerging strength in the dairy sector, with Uganda playing a pivotal role.
President Yoweri Museveni received a special message from the Prime Minister of Ethiopia, H.E Abiy Ahmed through his envoy Ambassador Taye Atske Selassie.
The Deputy Speaker of Parliament Hon Thomas Tayebwa has challenged engineers to put innovation at the centre of their work during National Technology Conference and Exhibition (NTCE) 2023 organized by the Uganda Institution of Professional Engineers (UIPE) in Kampala.
The Uganda Peoples’ Defence Forces (UPDF) and the Armed Forces of the Democratic Republic of Congo (FARDC) have made significant strides against the Allied Democratic Forces (ADF) in a joint operation code named ‘Operation Shujaa’ said by Major General Dick Olum, the commander of UPDF’s Mountain Division and Operation Shujaa.
President Museveni’s meeting with Stabex International was a productive one as they discussed about potential investment opportunities and the company’s plans for manufacturing, agriculture, and energy hence promising for Uganda’s development. The President’s support for these initiatives and the positive business climate in the country are certainly contributing factors.
Uganda Vs Lesotho 3-0 (25-10, 25-05, 25-10)
In a riveting display of skill, Uganda’s Volleyball She Cranes emerged victorious against Lesotho in their first game of the African Nations Women’s Championships. The match took place in Cameroon’s bustling capital, Yaoundé.
In a significant move towards ensuring a robust judicial system, President Yoweri Kaguta Museveni presided over the swearing-in of 11 newly appointed High Court Judges at State House Entebbe on Thursday 17, August 2023.
Ugandan President Museveni on 16th August 2023 advised youth leaders to engage in wealth creation for better livelihoods, emphasizing the need to instil this culture from a young age. He discussed sectors like agriculture, manufacturing, services, and ICT as avenues for growth. Museveni cautioned against divisive politics and highlighted the importance of practical problem-solving. He mentioned the success of the National Resistance Army’s (NRA) due to a strong wealth creation foundation.
The Bank of Uganda (BOU) has implemented its first rate cut in a span of two years, lowering the Central Bank Rate (CBR) to 9.5 percent. This move, aimed at stimulating economic growth, comes amidst a backdrop of evolving global economic dynamics and local fiscal challenges. With this decision, the central bank seeks to decrease the cost of credit which would in turn bolster lending, investments, and consumer spending, that have all been under pressure due to the recent economic uncertainties.
