Lake Kyoga Basin Exhibits Huge Oil Potential—Researchers
The researchers at the Ministry of Energy and Mineral Development (MEMD) in Uganda have revealed that the Lake Kyoga basin may be exhibiting geological conditions analogous to those found in the Albertine region.
According to the preliminary findings, scientists are continuing their research to better understand the geological characteristics of the Lake Kyoga basin.
This includes studying the sedimentary layers and analyzing rock samples to assess the presence of hydrocarbons.
“If the Lake Kyoga basin proves to hold similar potential, it could...
Uganda’s Economy Records Resilience Amid Regional Currency Pressures in July
Uganda’s economy has shown resilience amid regional currency pressures, according to the performance of the economy report for July 2024.
The report noted that Uganda’s shillings were the best performing among the East African Community’s (EAC) five major currencies in July 2024, and they appreciated by 1.1% against the US dollar.
According to the report on Wednesday, August 21, 2024, by the Ministry of Finance, Uganda’s shillings recorded a mid-rate of Shs3,705.85 per USD in July compared to Shs3,747.19 per USD...
Agricultural Extension Workers in Central, South-Western Uganda Get Motorbikes
The Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has delivered a total of 40 motorbikes to districts in Central and Southwestern Uganda.
While handing over the bikes on Monday, August 19, 2024, Frank Tumwebaze, the Minister of Agriculture, Animal Industry, and Fisheries (MAAIF), said it was meant to empower extension workers with mobility tools to enable them to carry out farm outreaches.
"As MAAIF, we are continuing to empower extension workers at the sub-county level with mobility tools to enable...
Uganda Prisons Service Starts Food Security Boost Using Strategic Developments
The Uganda Prisons Service has kicked off initiatives to enhance food security and self-sufficiency across the country using strategic development.
As part of their strategic interventions, SCP Frank Baine, the Prions Spokesperson who is also the Deputy Director of Corporate and Corporation Affairs on Monday, August 19th, 2024 conducted a working visit at the Lugore Prison farm and the Aswa Group of Prisons, all in Northern Uganda.
His visit outlined the commitment to agricultural innovation within the prison system and also...
Parliament Rejects Controversial Alcoholics Drinks Control Bill 2023
Uganda's Parliament has rejected the Alcoholic Drinks Control Bill, 2023, which sought to regulate the production, sale, and consumption of alcoholic beverages. This decision was made during a session on August 13, 2024, when Members of Parliament unanimously rejected the bill, citing concerns about its possible economic impact and regulatory redundancy.
Slyvia Nayebale, the woman Member of Parliament representing Gomba District, was among the politicians who welcomed the cancellation of this bill, arguing that other bills already included the majority of...
Uganda Prisons Service Launches Financial Literacy Program for Staff Empowerment through SACCOs
Uganda Prisons Service (UPS) has launched a sensitization and empowerment program aimed at enhancing financial literacy and economic growth among its staff through Savings and Credit Cooperative Organizations (SACCOs).
During the SACCO launch in the Kooki region in Rakai district on August 13, 2024, David Okiring, the Principal Rehabilitation and Reintegration Officer and Vice Chairperson of the Prisons SACCO board, highlighted the initiative's goal of fostering a saving culture, offering affordable loans, and supporting government programs such as the Duty...
