Ggoobi Calls for Evidence-Based Solutions, Interventions to Accelerate Economic Growth
The Permanent Secretary and Secretary to the Treasury (PSST) Ramathan Ggoobi has said there is an urgent need to discover evidence-based solutions and interventions to accelerate economic growth.
While delivering a keynote address on Thursday, August 29, 2024, at the 8th High-Level Economic Growth Forum at the Serena Hotel, Kampala, Ggoobi emphasized the importance of grabbing chances and utilizing favorable environmental conditions to achieve structural transformation.
Ggoobi noted that Uganda's economy showed remarkable resilience by attaining a growth rate of 6.0%...
Gov’t Launches Multi-Billion Grow Project to Empower Women
The government of Uganda has kicked off the implementation of the Generating Growth Opportunities and Productivities for Women Enterprises (GROW) project.
While launching the project on Wednesday, August 28, 2024, at Hotel Africana, the State Minister for Finance Planning and Economic Development, Henry Musasizi, urged beneficiaries to embrace the World Bank-funded initiative that will offer them quick and affordable loans.
The Grow project is a World Bank-funded initiative of the government of Uganda with a huge investment of over 217 million...
Reduction of Riding Permit Cost Excites Boda-Boda Operators
The reduction in the cost of acquiring a riding permit has sparked excitement among motor operators across the country.
On August 1, 2024, the government announced a reduction in the cost of acquiring riding permits for boda-boda (motorcycle taxi) riders.
Under the new cost list, the learner's permit cost was reduced from 60,000 shillings to 40,000 shillings. The new full-riding license cost for one year was reduced from 135,000 shillings to 100,000 shillings.
The three-year valid permit cost was reduced from 230,000...
RDC Kalungu Orders for Immediate Disbursement of PDM Funds
The Resident District Commissioner (RDC) of Kalungu, Dr. Paddy Kayondo, has ordered the Kalungu Chief Administrative Officer (CAO), Rose Nalumansi, and parish chiefs to disburse the remaining Parish Development Model (PDM) funds that have been seated on the district account for long, yet the government released them for the locals to alleviate themselves from poverty.
These remarks were made on August 22, 2024, after the locals complained to Dr. Kayondo that they hadn't gotten the PDM funds even after forming...
Gov’t Establishes Two New Dumping Sites for Kampala Garbage
The government has established two new dumping sites for garbage collected from Kampala City following the collapse of waste pies in Kiteezi, which killed over 30 people and destroyed property.
This decision was resolved during a high-level meeting chaired by the 1st Deputy Prime Minister, Rebecca Kadaga, at the Office of the Prime Minister on Wednesday, August 21, 2024.
According to Kadaga, the two new dumping sites include Katikolo in Mukono municipality and Menvu in Nansana Division.
During the same meeting, the...
Stanbic Bank, Police Train Law Enforcers on Financial Literacy in Lyantonde
The Uganda Police Force has partnered with Stanbic Bank to promote financial literacy among law enforcers in Lyantonde district.
On Wednesday, August 21st, 2024, Uganda Police and Stanbic Bank organized a training workshop for the officers at Lyatonde Town Council.
Twaha Kasirye, the Greater Masaka regional police spokesperson, said the training was intended to equip and guide officers to embrace financial discipline.
Kasirye cautioned the officers against multiple borrowing beyond their wage, adding that it’s one of the significant contributors to the...