NEWVISION
UGANDA TO HOST HEADS OF STATE AGRICULTURAL SUMMIT
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SUMMARY: President Yoweri Museveni has expressed gratitude for the opportunity Uganda has got to host the forthcoming extraordinary Agricultural Summit of Heads of State and Government due in Kampala in January next year. President Museveni met with the African Union (AU) Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable Environment, Ambassador Josefa Sacko.
GOVERNMENT RELEASES SHS. 29B FOR WOMEN LOANS
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SUMMARY: The Government, through the Private Sector Foundation Uganda (PSFU), has released Shs 29b to five banks for lending to women entrepreneurs at affordable interest rates. The funds, dispensed through the Generating Growth Opportunities and Productivity Women Enterprises Uganda (GROW) project, is designed to increase access to entrepreneurial services that enable female entrepreneurs
FIRST OIL: 72 WELLS READY FOR PRODUCTION
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SUMMARY: A total of 72 oil wells out of the 100 needed for first oil in 2025 are ready for production. The Government’s status report on oil developments indicates that at least 63 oil wells under Tilenga and nine others under the Kingfisher project are ready for production. The Tilenga project stretching from Buliisa to Nwoya districts will produce 190,000 barrels of oil per day at peak from 426 oil wells.
CHURCH OF UGANDA TAKES FULL CONTROL OF CHURCH HOUSE.
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SUMMARY: Worries, uncertainties and scares about the possible takeover of Church House by Equity Bank have ended. Church House, the magnificent 13-storey building on Plot 34, Kampala Road is now fully owned by the Church of the Province of Uganda. This follows the completion of the repayment of the sh.65b loan that Equity Bank gave to the Church of Uganda to construct the building.
