Business

World Bank Advises Uganda To Review Poverty Reduction Parameters

World Bank Advises Uganda To Review Poverty Reduction Parameters

Government is asked to revise parameters used for measuring poverty levels in the country to coordinate with international ratings. Currently, Ugandans earning below one dollars, about Sh3,300 a day are considered to be below the poverty line, yet on the international scale ...

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September 21st, 2016

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FDC Attaacks Museveni Over “Free” SACCO Money

FDC Attaacks Museveni Over “Free” SACCO Money

The Forum for Democratic Change (FDC) has criticized President Yoweri Museveni for dishing out cash money to different SACCOs in markets. This follows reports that that president had given over Shs 100 to a ghost SACCO at Mulago Kubbiri on 6th September because it was not ...

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September 20th, 2016

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Good African Coffee’s Andrew Rugasira Eyes UNCC Presidency

Good African Coffee’s Andrew Rugasira Eyes UNCC Presidency

The founder and chief executive of Good African coffee, Mr. Andrew Rugasira has announced his intention to run for president of the Uganda National Chamber of Commerce at the coming Annual General Meeting in 2016. Rugasira, a member of the chamber seeks to replace Mrs Olive ...

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September 18th, 2016

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US Envoy Advises Ugandan Firms On AGOA

US Envoy Advises Ugandan Firms On AGOA

Ugandan firms have not taken as much advantage of the US governments African Growth Opportunity Act (AGOA) to grow. The US Ambassador to Uganda H.E Deborah Malac says this is mainly a result of the negative perception Ugandans have towards it. She made the remarks during a ...

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August 10th, 2016

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KACITA Welcomes Committee On South Sudan

KACITA Welcomes Committee On South Sudan

Kampala City Traders Association (KACITA)has welcomed government’s move to create a special committee to address their concerns relating to the South Sudan conflict. The committee is expected to among other things expedite the process of repatriation of proceeds of Ugandan ...

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August 9th, 2016

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