# Tags

NEC Reports Return to Profitability After Years of Losses in Latest Auditor General’s Report

Lt. Gen. James Mugira, Managing Director of the National Enterprise Corporation, announced a return to profitability for the UPDF’s commercial arm after eight years of losses totaling Shs28 billion. The Auditor General’s December 2023 report highlights significant financial gains across several NEC subsidiaries. In a recent session with the Committee on Commissions, Statutory Authorities, and […]

EAC Ministerial Retreat: Strengthening Integration and Security in East Africa

The East African Community (EAC) Ministerial Retreat in Zanzibar was organized to address regional challenges and advance integration among member states. Key themes include enhancing peace and security, strengthening relationships, and strategizing on economic and political unity within the EAC. The East African Community (EAC) Ministerial Retreat on Peace and Security, Partner States Relations and […]

Uganda Receives First Direct Oil Consignment from Refinery

Uganda has received its first direct oil consignment from a refinery, with a vessel carrying 58,000 metric tons of petrol arriving at Mombasa, Kenya. This milestone follows a 2024 agreement between Uganda and Kenya on the importation and transit of petroleum products. Uganda has received its first oil consignment imported directly from the refinery by […]

MTN MoMo Launches Zimba Business with MoMo Campaign to Empower SMEs in Uganda

MTN MoMo is proud to announce the launch of the “Zimba Business with MoMo” campaign, a strategic initiative designed to empower small and medium-sized enterprises across Uganda. Jemima Kariuki, MTN MoMo’s Chief Product Officer at the katogo breakfast meeting with traders at Nakawa market MTN MoMo is pleased to declare the opening of the “Zimba […]

Innovation and Collaboration in Focus: Power and Electricity Expo Uganda 2024

The Ministry of Energy and Mineral Development, in partnership with Exhibitions & Trade Services India Limited and the Uganda National Renewable Energy and Energy Efficiency Alliance, announces the Power and Electricity Uganda International Expo 2024. Scheduled from July 11th to 13th July at UMA Show Grounds, Kampala, the event aims to advance Uganda’s power sector […]

Ramathan Ggoobi Urges Accountants to Support Formalization of Informal Sector

Ramathan Ggoobi, Permanent Secretary and Secretary to the Treasury, called on professional accountants to help businesses in the informal sector formalize, highlighting its 53% contribution to Uganda’s GDP. The Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has asked Professional Accountants to support businesses in the informal sector to formalise. According to Ggoobi, despite […]

UPDF Returns Impounded Fishing Gears to Congolese

The Uganda People’s Defence Forces Fish Protection Unit, together with Buliisa District leadership, has returned the impounded fishing gear to Congolese fishermen, which was impounded on the Lake Albert waters. The Congolese fishermen who had their fishing gear detained on Lake Albert waters have received it back from the Uganda People’s Defence Forces (UPDF) Fish […]

President Museveni and Kiira Motors Discuss Regional Expansion of Kayoola Buses

President Yoweri Kaguta Museveni held a consultative meeting with a delegation from Kiira Motors Corporation, led by Hon. Dr. Monica Musenero, at State House Entebbe. The discussions focused on the progress and regional market expansion of Kayoola buses. President Museveni meeting with the Minister for Science, Technology, and Innovation Monica Musenero, State Minister for Foreign […]

President Museveni Signs Appropriation Bill, 2024 into Law

President Yoweri Museveni has signed the Appropriation Bill, 2024 (reconsidered) into law. The Presidential Press Unit announced this on Thursday evening 4th July 2024, stating that the President assented to the bill. President Yoweri Museveni has signed the Appropriation Bill into Law. While the Parliament had approved the Bill in mid-May, President Museveni refused to […]

Government Supports Dairy Farmers in Busoga Region

Government distributed 500 in-calf heifers in the Busoga region through NAADS to boost dairy farming and alleviate poverty. The initiative aimed to enhance household income and livelihoods across various districts, with specific allocations, emphasizing the government’s commitment to supporting farmers for economic stability and food security. Last week, in an endeavor to alleviate poverty in […]