BUSINESS NEWS POWERED BY STANBIC BANK: The Government and World Bank are preparing a joint ‘Country Economic Memorandum’ report, which will identify key opportunities and challenges to accelerating socioeconomic transformation, as Uganda harnesses the opportunities of its newly-discovered natural resource wealth. The secretary to treasury Keith Muhakanizi has castigated Parliament for delaying to pass the national budget of sh15trillion as it affected quarterly releases of funds. Business at Mackansign market in Mbarara district has in the recent days slowed down following the airing of announcements by the Mbarara Mackansign Market landlords Association chairperson Bageriize Margrate, that the market was due to face closure on the 31st Oct 2014. Farmers in Kiruhura district under their coooperative can now negotiate for improved milk prices thanks to improved storage equipment. ELSEWHERE: The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscows Vnukovo airport last night. TECHNOLOGY: Google has announced changes to its search engine in an attempt to curb online piracy. FOREX RATES: CURRENCY BUYING SELLING USD 2,674 - 2,684 GBP 4,313 - 4,330 EUR 3,418 - 3,430 KSH 30.05 - 30.16 TSH 1.58 - 1.59
Posted on: Tue, 21 Oct 2014 11:17:41 +0000
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