Author: admini
The National Medical Stores (NMS) has called upon all government health facilities to submit their medicine requests within the set deadlines according to the Store’s delivery schedule to enhance availability of medicines in the country. “Currently, we serve over 3,000 health facilities across the country and while a great number of them submit their requests on time, we still face challenges in some places where requests are submitted outside the set submission deadlines and this therefore affects availability of medicines in these particular places,” said NMS Public Relations Officer, James Odong. “We therefore call upon all health facilities to help…
The Speaker of Parliament, Rebecca Kadaga, has reechoed the importance of addressing and acceptance of youth engagement in the leadership of the country. Addressing eminent women led by Florence Butegwa from the Women’s Situation Room on Monday 15 February, 2021 in her boardroom, Kadaga urged that whereas a lot of focus has been given to women’s engagement in governance, more is needed towards bringing the youth on board. The Speaker said that during her own campaign trail, the youth constantly sought an opportunity to independently engage in the political arena while canvassing for votes. “They kept on telling me they…
The Capital Markets Authority (CMA) and the Uganda Manufacturers Association (UMA) have signed a Memorandum of Understanding (MOU) that will enable Uganda’s manufacturing sector to take advantage of customized training on the various options for raising long-term capital to bolster their uptake of non-bank, market-based financing that best fits their needs. Mr. Keith Kalyegira, the CMA Chief Executive Officer said the MOU will enable the CMA and UMA to consult, exchange information, and cooperate closely to expose UMA members to alternative means of meeting their financing needs, by tapping into both private and public markets. “Following the signing of…
Mastercard and MTN today announced a strategic partnership to enable millions of MTN MoMo customers in 16 African countries to shop and pay online with global merchants. Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets, consumers can now unlock a host of opportunities and shop from their favorite international brands online while in their home countries or travelling abroad. The announcement comes at a time when e-commerce and online shopping are reaching record levels across Africa. According to the Economy 2021 outlook conducted by the Mastercard Economics Institute, 20-30% of the COVID-19-related surge in…
Bobi Wine: The status of our Election Petition. 1. We were not very keen on going to the Supreme Court, given the result of all past petitions, coupled with the fact that presently, we have the most compromised bench in that court’s history. It is not surprising. Museveni has used the past 10 to 15 years to kill whatever was left of all state institutions. The example of the Electoral Commission is clear to all. When Badru Kiggundu’s term expired, we all thought he was the worst chairperson an Electoral Commission could have. But Byabakama and his team have simply…
President Museveni Tuesday joined Ugandans at State House Entebbe to remember the life and times of archbishop Janani Luwum. “I was baptised by Archbishop Sabiti when my parents came from the old religion in 1947. I was about three years, then later I worked with him. He told me he was already an old person when Europeans came to Ankole,” President Museveni narrated. He said Janani Luwum would be a son generation to Muzeeyi Sabiti. “I was the head of scripture union at Mwiri and I tactfully withdrew. I wrote a motion that we must protest the words of Ian…
Busiro East lawmaker Hon. Medard Lubega Ssegona has said started singing farewell to President Yoweri Kaguta Museveni. Speaking while appearing one on one with seasoned journalist Oscar Ssemwaya Musoke during the weekend, Ssegona stated that president Museveni will not be in Power By May 2021. According to Ssegona, they are doing everything possible to see that the 3 decades leader retires honorably. “We are in court challenging Mr. Museveni because we want them to respect the will of Ugandans. The election was not free and fair in most parts of the country.” The National Unity Platform lawyer noted adding that…
The Stanbic Business Incubator has awarded 352 SME’s with certificates in enterprise development program after a three-month completion of the training session in business management, capacity building and upskilling programmes. Uganda ranked as a top entrepreneurial country in the world with over 160,000 small and medium enterprises (SMEs) that account for 90% of the entire private sector. This sector also employs over 2.5 million people and contributes 20% of GDP and yet 80% of the SMEs do not make it to their second or third birthday. In 2018, Stanbic Bank took on the responsibility to address this challenge by setting…
On 9th Feb 2021 the Treasury Secretary wrote to the Governor Bank of Uganda seeking advise on how they would start taxing bank withdrawals! If this is approved, every time you go to withdraw money, you will pay a tax. Uganda has one of the lowest savings levels in the world leading to the low size of credit in banks. The last BOU reports show that 17% (7,480,000) of the 44M Ugandans have bank accounts. (Remember many of the have zero balance) Of the 7.4M, 2,767,600 are the wealth people. Young people are 6% (448,800) have bank accounts!! 64% (4,787,…
A Uganda People’s Defence Forces (UPDF) jet ranger helicopter has crashed near the old airport in Entebbe, killing Capt Caroline Busingye. UPDF spokesperson, Brig. Gen. Flavia Byekwaso said in a tweet that the light blue helicopter was being piloted by two cadet trainees on a mutual training flight. “Today afternoon at about 2:15 pm a jet ranger piloted by two cadet trainees on a mutual training flight came down immediately after takeoff near Lido beach. The two were rushed to the hospital to ascertain their health. Our aviation team is on the ground to investigate the mishap,” Byekwaso tweeted. …