Uganda’s Public Debt Reaches UGX 46 trillion – Report

Uganda’s public debt has grown to Uganda shillings 46 trillion (USD12.5bn) as at the end of June 2019 up from Shs 39 trillion (USD10.7bn) in June 2018, according to the latest Ministry of Finance report. This raises the share public debt from 34.8% of GDP in 2017/18 to 36.1% of GDP in 2018/19. Most of the debt is externally sourced,…

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Desert Locusts Spread to Four Districts in Karamoja

Desert locusts have arrived in Nabilatuk through Nakapiripirit district. Another swarm has been sighted in Nakabaat, Moroto district. The locusts were seen approaching Kosike HC111, a few minutes to 3:00pm on Sunday by residents. After about one hour, the first swarm was sighted by residents and the team from Ministry of Agriculture, Animal Industry and Fisheries, MAAIF. Robert Adiaka, the…

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Close to 60 Gas Cylinders Involved in Kisaasi Explosion

  There was panic and fear in Kikulu zone in Kikaya-Kisaasi in Kawempe North on Saturday night following multiple explosions of gas cylinders. Locals said that they heard a loud bang followed by ablaze that engulfed the entire structure that housed the cylinders. The explosion happened minutes to 9:30PM in the premises belonging to the LC I Chairperson, Ismail Bukenya…

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Makerere University Lecturers Elections to Cost Shs14M

A total of Shs.14Million is planned for the month long election process of the Makerere University lecturers’ association (MUASA). Michael Byaruhanga, the association’s electoral Commission chairperson says the team expected to spend the money in printing and distribution of fliers, civic education, nominations and conducting of elections. The staff are expected to vote their leaders for the next two years…

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MPs to Investigate Gen Tumwine over Lwemiyaga Cattle Restrictions

Parliament has referred the matter of unlawful blocking of Lwemiyaga County Cattle Market and confiscation of cattle by Gen. Elly Tumwine to the Agriculture committee for scrutiny. The Speaker of Parliament Rebecca Kadaga on Thursday referred a petition from Cattle keepers and traders in the cattle corridor and residents of Lwemiyaga in Ssembabule district against security Ministry Gen Elly Tumwine…

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UGX 18 Billion Nimule One-Stop Border Post Opened

The One-Stop Border Post (OSBP) at Nimule international cross border town has been opened to boost efficient trade between Uganda and South Sudan. The USD 5 million (18.3 million Shillings) facility was on Thursday handed over to the Government of South Sudan by TradeMark East Africa. It is expected to reduce congestion that has been causing slow movements of people…

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Uganda to Lose UGX 500bn to Tax Incentives in 2019/20 Financial Year

Uganda is set to lose more than 500 billion Shillings in tax waivers during the 2019/2020 financial year alone, the Uganda Revenue Authority has indicated. A tax waiver is when a company or an individual engaged in a certain activity where they are supposed to pay, is granted a chance not to pay. This can be mainly to make sure…

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Finland to give dads same parental leave as mums

Finland’s new government has announced plans to give all parents the same parental leave, in a push to get fathers to spend more time with their children. Paid allowance will increase to a combined 14 months, which works out as 164 days per parent. Neighbouring Sweden has Europe’s most generous system of parental leave with 240 days each after a…

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