Page 3 - Uganda Development News Today

Daily Monitor Wednesday May 12 2021 Government has been slowly taking back control of key sectors of the economy after an attempt to create a private sector led economy has not created sufficient growth. PHOTO/FILE Summary Elements of policy reversal such as creation of an investment agency under Uganda Development Corporation and now the establishment of Uganda Airlines, which is 100 per cent government-owned suggest a shift from hard-core liberalism that government had adopted in the late 90s...

May 7, 2021 SHARE This week, Class Acts celebrates graduates who are working for health equity across the globe, in their neighborhoods and in examination rooms. Meet Gautam Adusumilli and Cory French, doctor of medicine candidates from the School of Medicine, and Keishi Foecke, who is set to earn an undergraduate degree from Arts & Sciences at Washington University in St. Louis. Gautam Adusumilli, co-founder of Empower Through Health, wants to increase access to diagnostic imaging. (Cou...

Daily Monitor Friday May 07 2021 Left to right: CSBAG executive director Julius Mukunda, State minister for Finance (Planning) David Bahati and ACODE boss Arthur Bainomugisha interacting during a high-level economy dialogue in Kampala yesterday. PHOTO/KELVIN ATUHAIRE Summary Advertisement Uganda’s economic growth declined from 7.5 per cent in 2019 to 3 per cent in 2020 due to the effects of the Covid-19 pandemic. In the coming financial year, the country’s economy is, however, projected to ...

Government should support Covid-19 affected businesses Thursday April 29 2021 Traders display merchandise for sale on Luwum Street in downtown Kampala in September 24. Most businesses were affected by Covid-29 disruptions. PHOTO/ABUBAKER LUBOWA Summary Advertisement Getting in to the new financial year, government should prioritise helping sectors which have been greatly affected by the Covid-19 pandemic. These include operators of private educational institutions, those in the hospitality and ...

Daily Monitor Wednesday April 28 2021 The loans have been invested in transmission lines, the Karuma and Isimba hydropower projects, oil roads, Kabaale International Airport, expansion of Entebbe International Airport and Irrigation schemes, among others, which government says has translated into economic growth. Summary The loans have been invested in transmission lines, the Karuma and Isimba hydropower projects, oil roads, Kabaale International Airport, expansion of Entebbe International Airp...

April 27, 2021 Written by OUR READERS Recently, Uganda, Tanzania, and Total S.A., the French oil major, signed three agreements to finalize the development of an oil pipeline from Uganda’s oil fields to Tanga on the Tanzanian coast. Many economists assert that the si...

Once they stabilise, the country will be able to at least fund 70 per cent of the Shs42 trillion 2021-2022 budget

Tanzania’s recent admission of the presence of COVID-19 in the country is thanks to the intervention of church leaders who have a history of intervening in matters of national importance.

Daily Monitor Thursday February 25 2021 Summary Mr Douglas Kakyukyu Ndawula, the chief executive officer of Soroti Fruits Factory, says since the plant started commercial production on October 15, 2019, a total of 109 farmer groups and cooperatives have benefited from supplying their products to the factory. Advertisement   The fruit processing plant, a government investment promotion initiative, whose main objective is to support value addition to local oranges and mangoes, with a view of imp...

Daily Monitor Monday December 14 2020 Flags of different countries fly in front of the building of the European Parliament in Strasbourg, eastern France. PHOTO/FILE/AFP. Summary The European Union and Uganda will collaborate in digitisation, green energy and finance, smart agriculture, ecotourism and sustainable exploitation of natural resources. Advertisement The European Union (EU) will for the first time in decades deal directly with the private sector instead of government.  The move sets ...