economy

economy

Kenya makes U-turn on Uganda sugar, to import 90,000 tonnes

Kenya makes U-turn on Uganda sugar, to import 90,000 tonnes

Africa-Press - Uganda. Kenya will this year import 90,000 tonnes of sugar from Uganda and source at least 160,000 tonnes from other countries after...
Uganda’s tea attracts lowest price among EAC states

Uganda’s tea attracts lowest price among EAC states

Africa-Press - Uganda. Uganda’s tea continues to attract the lowest price compared to other East African member states that sell the commodity through the...
Payment platforms anchor recovery on schools’ reopening

Payment platforms anchor recovery on schools’ reopening

Africa-Press - Uganda. The reopening of schools would deliver improvements in school fees transactions this year, players within payments ecosystem have said. The closure of...
Govt offering Umeme 10% return on investment in new concession

Govt offering Umeme 10% return on investment in new concession

Africa-Press - Uganda. Government has offered a 10 per cent return on investment (ROI) in the ongoing negotiations in which power distributor Umeme is...
Finance Ministry warned govt of huge losses due to Internet shutdown

Finance Ministry warned govt of huge losses due to Internet shutdown

Africa-Press - Uganda. Finance Ministry warned government of massive losses resulting from Internet shutdown. In a January 18 letter, Finance Ministry permanent secretary and secretary...
Internet shutdown stalls businesses, government agencies

Internet shutdown stalls businesses, government agencies

Africa-Press - Uganda. The Internet shutdown that started on January 13 has caused huge losses as businesses, government agencies, organisations and web-based operations such...
UETCL paid Electromaxx Shs3.6b for unsupplied power

UETCL paid Electromaxx Shs3.6b for unsupplied power

Africa-Press - Uganda. For close to a year, Uganda’s only bulk electricity purchaser, Uganda Electricity Transmission Company Limited (UETCL), paid thermal power producer, Electromaxx...
We are progressing well with e-receipts, says URA

We are progressing well with e-receipts, says URA

Africa-Press - Uganda. URA recently started implementation of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS), a medium that is being used by all...
Nabwire runs people’s errands for a little price

Nabwire runs people’s errands for a little price

Africa-Press - Uganda. Covid-19 is here to stay. It is with us and we have to live with it. Whether you like it or...
Agriculture will be most resilient sector, says World Bank

Agriculture will be most resilient sector, says World Bank

Africa-Press - Uganda. The World Bank, in its Global Economic Prospect 2021, has said Uganda’s agricultural sector will be among the most resilient sector...