Tag: Economy

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Gov’t Cautions Grow Loan Officials Against Bribery

The government has cautioned the officials implementing the GROW project under the Ministry of Gender, Labor, and Social Development against soliciting bribery from the...

REPORT: Only 7% of Ugandans Save Money in Banks as 17% Keep Cash at Home

A total of 42 percent of Uganda’s population aged 16 and above save money using different mechanisms, while 58 percent don’t save at all,...

Report: 3.5 Million Ugandan Households in Subsistence Economy

Thirty-three percent of Ugandan households (3.5 million) are in the subsistence economy compared to 67 percent (7.2 million) in the non-subsistence economy. This revelation is...

PSS Ggoobi Assures Ugandans of Steady Economic Growth

The Permanent Secretary and Secretary to the Treasury in the Ministry of Finance, Planning, and Economic Development (MoFPED), Ramathan Ggoobi, has confirmed that inflation...

Museveni Hails Gen. Saleh for Promoting Industrialization in Uganda

President Yoweri Kaguta Museveni has hailed Gen. Caleb Akandwanaho, aka Salim Saleh, the Chief Coordinator of Operation Wealth Creation, for promoting the government's initiative...

NRM Dombo Attributes Museveni’s Long Stay in Power to Democracy in Uganda

The ruling National Resistance Movement's NRM Party director for Director Information and Publicity, Emmanuel Dombo, has attributed the long stay of President Yoweri Kaguta...