Author: felix@elixnews.co.ug

In abid to foster foreign relations Minister of Finance Matia Kasaija together with the Korean Minister of Foreign Affairs, Cho Tae-yul, have signed the aframework Agreement for a US$500 million (Shs1.89 trillion) loan from Korea EXIM Bank. The ceremony took place at the Korean Ministry of Foreign Affairs in Seoul on the sidelines of the First Korea-Africa Summit. The newly signed Framework Agreement falls under the existing Economic Development Cooperation Fund (EDCF) Agreement between the two governments, initially established on April 13, 2012. The loan agreement will enable Uganda to access up to $500 million…

Uganda’s leading credit institution BayPort Financial Services has registered impressive success posting shs 86billion portfolio in 20 years period, Chief Executive Officer Maureen Kayitesi has revealed. Todate BayPort provides salary loans to civil servants with client base of 20,000 clients in 38 branches across the country. Established in 2004 as one of Uganda’s pioneering non deposit taking financial institutions in the pay roll lending sector. BayPort has been at the forefront of financial inclusion offering loans tailored to meet the diverse needs of our customers in areas of education, agriculture, and small business loans. BayPort Uganda is part of…

The government of Uganda is set to host the first-ever land learning week conference aimed at discussing and reflecting on the challenges and progress realized in the land sector. The Minister of Lands, Housing, and Urban Development, Judith Nabakooba, said while addressing journalists on June 7, 2024, at the Uganda Media Centre in Kampala, that the learning week will kick off from June 9–15, 2024, at Speke Resort Munyonyo in Kampala. Organized under the government and the Civil Society Organizations (CSOS) partnerships in land governance, the conference is expected to attract attendance from 100 foreign delegates from over 40 different…

State Minister for Urban Development, Hon. Obiga Mario Kania, has pledged to address Uganda’s persistent land conflicts and champion sustainable land use across the country. This announcement was made during the National Resistance Movement (NRM) Manifesto Week, where the Ministry presented its progress, achievements, and challenges in implementing its manifesto commitments. The Ministry reiterated its mandate to ensure rational, sustainable, and effective land use, aligning with its overarching goal to secure rightful ownership of land for all Ugandans while addressing housing and urban development needs. The Ministry unveiled a comprehensive approach to tackle land conflicts and ensure secure land ownership…

By Felix Oketcho As Uganda prepares to celebrate the 35th Heroes’ Day celebration on june 9th 2024, and pay tribute to 53 individuals for their extraordinary contributions, Office of the Prime Minister has released payment for civilian beneficiaries amounting to shs 3billion. Officiating at the media centre Luweero Triangle Minister Alice Kaboyo advised the beneficiaries to use the money wisely to eradicate poverty. “The released Akasiimo funds will pay 1,269 beneficiaries that were cleared by the veterans verification committee under the the 51st schedule from the Districts of Luwero, Nakasongola and Nakaseke,” Alice Kaboyo said.…

By Felix Oketcho Health experts and civil society activists across Africa have been urged to invest into social protection sectors to curb wide spread poverty in Africa. Food and Agriculture Organisation Country Director Dr Antonio Querido says social protection is a crucial component of national development strategies for achieving inclusive and equitable growth. “In real terms, social protection goes beyond safety net mechanisms to provide durable interventions that support the population to maintain a minimum acceptable level of consumption and a dignified life free of poverty, hunger, and deprivation of social necessities, “FAO Uganda Country Representative said. Dr Antonio…

Despite impressive successes registered by Higher Education Students Financing Board, the board will seize being independent and will be sent back to Ministry of Education, this website has learnt. However State Minister for Higher Education Chrystom Muyingo says the scheme will be boosted with more money. “We are not stranggling Higher Education Students Financing Board. The name will change after being integrated back to mother ministry and its budget will be increased,” Muyingo said. “The loan scheme programme is Nrm child and its here to stay,” he added. According to Higher Education Students Financing Board Executive Director Michael Wanyama…

By Felix Oketcho Uganda has won a lucrative bid to host 13th African Potato Association’s (APA) Conference next year between May 25th and 30th 2025 at Speke Resort Munyonyo. Uganda is currently holding duo leadership for the APA as President and Vice President. The theme for the conference to be held in Kampala is; “Fostering Climate Smart Cropping Systems for Sustainable Potato and Sweet Potato Value Chains”. The Director General-NARO, Dr. Yona Baguma, who is also the President Africa Potato Association, said the conference will be a great learning experience. He said potato is gaining…

Pearl Magic Prime is thrilled to announce the premiere date of its newest Ugandan drama series, “Crossroads,” set to debut on 25th June 2024. This highly anticipated show will take over the time slot currently held by the much-loved and award-winning “Sanyu” series, which captivated audiences for four remarkable years. “Crossroads” promises to be a captivating journey through the intertwined lives of three ambitious individuals as they navigate the complexities of love, power, and moral compromise within Kampala’s dynamic media industry. Set against the vibrant backdrops of Kakuto Village and the bustling city of Kampala, this series…

Former Uganda girls group BLU*3 are destined for areunion concert on June 22nd at Sheraton Gardens in Kampala Ali Albai Event organiser has confirmed. In a statement released by Talent Africa Group, Albai expressed excitement about bringing BLU*3 back together on stage, highlighting how the group captured the hearts of millions during their prime. “The reunion concert is seen as a celebration of BLU3’s legacy and their significant contribution to Ugandan music,” Albai stressed. “Fans should expect a night filled with beautiful music as BLU*3 takes them on a journey down memory lane, performing their…