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EACOP Project Progresses with Key Pump Station Construction

The East African Crude Oil Pipeline project, crucial for oil production in the Albertine Graben, is advancing with the construction of two pump stations. The project, led by Uganda and Tanzania in partnership with Total Energies and CNOOC, aims for Uganda’s first oil extraction by 2025. Construction of the East African Crude Oil Pipeline (EACOP), […]

URA Targets UGX 31.98 trillion in Revenue Collection for 2024/25

Uganda Revenue Authority aims to achieve a revenue target of UGX 31.98 trillion for the 2024/25 financial year. At the East African Community post-Budget Dialogue, URA Commissioner Catherine Donovan acknowledged the challenge but expressed confidence in URA’s ability to meet the target through improved tax administration, broadening the tax base, and enhancing compliance. The Uganda […]

Uganda’s Coffee Export Surge: Capturing the Turkish Market

The Uganda coffee industry has seen a dramatic increase in exports to Turkey, rising by 2,200% from 2019 to 2024. This growth is attributed to strategic efforts by the Uganda Mission in Turkey, focusing on promoting high-quality Robusta coffee varieties. Uganda’s coffee industry has achieved a significant milestone in the Turkish market, with exports soaring […]

President Museveni Advocates for Wealth Creation and Family Values at Inter-Religious Family Festival

President Museveni urged ugandans to engage in wealth creation for family well-being during the first Inter-Religious Family Festival. Emphasizing traditional African values such as fearing God and respecting ancestors, he noted that modern religions enrich these traditions. He condemned mistreatment of women and opposed homosexuality, reinforcing the government’s support for family values. Speaking at the […]

UNBS Cracks Down on Underweight Goods: Seizes Sugar and Bread

The Uganda National Bureau of Standards (UNBS) seized 700 bags of underweight sugar from V.G Keshwala and Sons Limited in Soroti district following public complaints. The sugar was found packed in tampered Kakira-branded sacks with holes in the packaging. Additionally, underweight bread was seized from Supa Loaf outlets in Mbarara city and Wakiso district, as […]

President Museveni Urges Tororo Residents to Embrace Government Programs for Socio-Economic Transformation

At the burial of Jovan Amalai Nyapidi, President Museveni’s message, delivered by MP Fredrick Angura, emphasized the need for Ugandans to embrace government programs for economic growth. He also called for unity in Tororo County amidst ongoing boundary disputes. President Yoweri Kaguta Museveni urged Ugandans to actively participate in all government programs to achieve socio-economic […]

Uganda Aims for Double-Digit Growth, Says Finance Secretary

Dr. Ramathan Ggoobi, Permanent Secretary of the Ministry of Finance, Planning, and Economic Development, emphasized the Government’s intention to surpass the current 6% growth rate, aiming for double-digit growth over the next fifteen years at the Annual Bankers’ Conference 2024. Dr. Ramathan Ggoobi, the Permanent Secretary of the Ministry of Finance, Planning, and Economic Development, […]

President Museveni to Meet City Traders to Address Concerns over EFRIS Implementation

President Yoweri Museveni will meet city traders this Thursday, represented by the Kampala City Traders Association (KACITA), Uganda Cargo Consolidators, and Kampala Rice Traders, to discuss the implementation of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS). President Yoweri Museveni is scheduled to meet with city traders this Thursday 20th June 2024 under the umbrella […]

PAC Criticizes Misallocation of Shs 803 Billion World Bank Grant for Women Entrepreneurs

The Public Accounts Committee (PAC) has raised concerns over the misallocation of a Shs803 billion World Bank grant intended for the Generating Growth Opportunities and Productivity for Women (GROW) Project. According to the Auditor General’s report, the grant, aimed at supporting established women-led businesses, is largely being diverted to mind-set change programmes, infrastructure development, and […]