NEWS

By Julius Businge The Ministry of Tourism, Wildlife and Antiquities (MTWA), in partnership with The World Bank and DFID will be launching a report on the current status of the Tourism Industry in Uganda on Aug 1 in Kampala. A statement released by the bank on July 29 says the …

By Stephen Kafeero The government has earmarked shs 44.08 billion to address salary short falls in the months of May and June. The most affected people have been teachers and police officers with the former threatening to go on strike while the management of the latter had to improvise with …

By Stephen Kafeero Four people have been confirmed dead and others injured in Kampala after a part of Nice Times building next to Magoba Arcade caved in. The building is believed to have collapsed when food vendors were working in the basement. Some of the residents wondered why KCCA has …

By Julius Businge The Bank of Uganda has set Aug.2 as a date for this year’s Joseph Mubiru Memorial Lecture which will be held on Friday, August 2 at the Kampala Serena Hotel, starting at 2.00pm. An official statement signed by the Director for Communications at the Bank, Jan Tibamwenda, …

By Angella Abushedde The US government says it will continue funding the health sector. Director of US Centers for Disease Control and Prevention (CDC), Dr Thomas Freiden who was in the country for a four-day tour of the US Mission health projects said that the US government was committed to …

By Julius Businge Kalangala Infrastructure Services (KIS) has started construction of the 66km main Bugala Island road as part of the four major projects aimed at opening up the island to major trading centres across the country. The other components under the KIS project include providing ferry transport services, water …

New research boosts search for cure for HIV/AIDS Fresh data from several small trials presented at an AIDS conference on July 3 provides encouraging news in the quest for a cure for HIV, scientists said. Giving an update in an eagerly-followed trial, researchers said an HIV-positive infant in Mississippi who …

U.S. President’s eight day trip around Africa fails to say much about what America wants and what his hosts gained What does Africa have that America could want? It seems that is a question not even Barack Obama, on his first extended trip to the continent since becoming American president …

By Julius Businge The Uganda shilling appreciated during the week that ended July 5 to trade 2575/85 from 2590/00 per US dollar after policy makers maintained the key lending rate at 11% citing inflationary pressures. Traders said the market saw good dollar selling interest before energy and manufacturing sub-sectors’ demand squared off …

By Julius Businge Standard Chartered Bank has committed to financing more than US$2 billion in energy projects under the Power Africa Initiative, a five-year partnership between the United States, six African governments and the private sector. It said the partnership represents a coordinated cross-border effort to build the regulatory, economic …