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Museveni asks Ugandans to borrow from UDB for import substitution
President Yoweri Museveni has told Ugandans to borrow from Uganda Development Bank (UDB) and invest in import substitution projects. The President said the government recapitalized UDB to the tune of one trillion Ugandan shillings, with more funding expected to come from the World Bank and International Monetary Fund. He emphasized that Ugandans should borrow from […]
Mulemwa retains PAU Board Chair role
A new Board of Directors that will steer the Petroleum Authority of Uganda (PAU) for the next four (4) years has been inaugurated. The new board was inaugurated by Dr Kitutu Kimono Mary Goretti, the Minister of Energy and Mineral Development. This is the second Board of Directors for the Authority. The inaugural Board took […]