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Standard Bank believes AGOA is vital to sustainable growth, job creation and industrialization

Kenny Fihla, Chief Executive, Corporate & Investment Banking at Standard Bank Group.

The African Growth and Opportunity Act (AGOA) is a pivotal agreement between the US and Africa to support and help grow African industries and markets, says Standard Bank, Africa’s biggest lender by assets.

Speaking ahead of the 20th AGOA Forum taking place from November2-4,2023 in Johannesburg, Kenny Fihla, Chief Executive, Corporate & Investment Banking at Standard Bank Group, said a significant renewal of AGOA will help drive trade and support ongoing investment ties between the US and Africa. The benefits are profound, as it will also support sustainable growth, job creation and industrialisation.

This comes as Africa’s businesses are challenged by access, costs, risks and credit issues when trading across regional and international borders.

“African businesses and markets are becoming increasingly sophisticated and ready to go to the next level. Powerful initiatives like AGOA and the African Continental Free Trade Area (AfCFTA) are key to making this happen,” says Fihla.

Recent statistics show the significant impact AGOA has on trade. Total US AGOA imports were $9.4 billion in 2022, up 57% from $6.0 billion in 2021 and more than double 2020 values. Notably, AGOA non-energy imports increased by 21% in 2022 to $5.0 billion. The top non-energy import categories included motor vehicles ($1.5 billion), textile and apparel ($1.4 billion), agricultural products ($679 million) and metals ($626 million).

As the leader in facilitating Africa-US trade, Standard Bank is leveraging its resources to enable access to and participation in regional and global value chains and to ensure partnerships with leading economies like the US continue to flourish. “We believe that active contributions to public-private dialogues like AGOA are essential to these developments and future growth,” adds Fihla.

AGOA grants duty-free, quota-free treatment for exports from eligible sub-Saharan Africa countries into the United States (US), with 35 countries eligible for AGOA benefits in 2022. AGOA is up for renewal in 2025.

“As the largest economy in the world, the US is an essential driver of global trade and investment. We are, as Standard Bank, in turn committed to driving Africa as an attractive investment market to all investors, including those from America,” continues Fihla.

Africa is a continent of traders.

Together with AGOA, Standard Bank is also optimistic about the transformative impact AfCFTA can have on inter-regional trade in Africa.

The US has expressed its support for the AfCFTA, which, once fully implemented, will be the world’s largest free trade area, bringing together 55 countries with a combined GDP of approximately $3.4trillion.

“The AfCFTA will create much-needed efficiencies across Africa’s trade borders. The potential with the world’s biggest economy is immense as financing for priority infrastructure projects, energy and other key investments take place,” articulates Fihla.

Standard Bank believes this single market holds the key to unlocking sustained levels of growth, reducing poverty and scaling up industrial capacity across the continent.

“We are committed to building trusted and efficient domestic/ regional value chains integrated into global supply ecosystems. Standard Bank is building finance and trade solutions to help address the tariff and non-tariff barriers required to realise the continent’s ambitions. Standard Bank is also leading efforts to reduce the impact of climate change by building sustainable solutions. The future is extremely bright – especially if we have the right partners on board,” says Fihla.

As long-term Africa bulls, Standard Bank is convinced that Africa is the growth story of this century.

“This week’s AGOA Forum is an important opportunity for the continent to showcase its value and growth prospects while it also allows the US to engage and see for itself what benefits this agreement continues to bring,” concludes Fihla.

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VITOL PROCUREMENT UNFOLDINGS: Why Uganda must not ignore the Kenyan route in importing petroleum products

A tanker transporting fuel into Uganda.

Uganda’s monthly market consumption refined petroleum products is 185,000 m3, out of which 16,650 m3 is jet fuel, according to the experts in the energy sector.

“The overall annual consumption of petroleum products is 2,220,000 m3. Over 90% of the product demands are supplied through Kenya competitively procured through the open tender system (OTS) and now Government to Government Tender System (GtG),” they add.

It should be remembered that the loading of products destined for Uganda are mostly done in Kisumu and Eldoret. The Planned construction of a pipeline from Eldoret in Kenya to Kampala was put on hold while recently there has been a new jetty commissioned in Kisumu to load barges to supply Uganda.

The product cost-and-freight (C&F) at the respective loading points in Kenya is the same for all oil marketing companies (OMCs). The less than 10% of Uganda’s product requirements are supplied through the Tanzanian route which is less competitive compared to the Kenyan side due to the long distance and the associated higher transport costs.

Meanwhile, the government of Tanzania’s fuel requirements are conducted through BPS since 2011. Under this system, purchases of petroleum products (Diesel, Petrol and Jet-A1) are made from a pool of imports obtained from suppliers selected through a competitive bidding process.

 What should not be tampered with:

 To maintain price competitiveness, the purchase of bulk products for the region through the Kenyan system of OTS should not be disaggregated. Uganda must continue to ride on the Kenyan economies of scale to benefit from competitive pricing.  Ugandan product must move by pipeline to the furthest point possible i.e., Kisumu.

 Shifting to the Tanzania route is not a viable option:

 The tax regime in Kenya is more favourable as it is based on the fuel accessible to the OMC compared to Tanzania where the taxable fuel is based on the declared volumes on the ship which are not fully accessible to the OMCs.

 The assets to move petroleum products into Uganda are mostly in Kenya and not Tanzania and moreover the truck turnaround in Tanzania is much longer. There is a huge cost impact as compared to Kenya given the latter’s clear geographical and logistical advantages.

Sourcing from Tanzania will largely render the storage facilities in Jinja redundant. Fuel cannot be trucked through Western and huge parts of Central Uganda and be offloaded in these facilities and then reloaded and backtracked. The costs associated with double handling will be prohibitive.

To be negotiated to improve supply reliability and pricing competitiveness: o The GOU to lobby the GOK for preferential and dedicated loading in Kisumu and local supply in Kenya to other locations such as Eldoret and Nakuru.

Advantages of Kenya Vs. Tanzania

 Infrastructure in Kenya provides more operational advantages.  There are multiple options of transportation [road, rail, and lake] between Mombasa and the inland terminals towards Western Kenya providing a quick and more economical access route to Kisumu for offtake by Ugandan Oil Marketing Companies (UOMCs) compared to only the road transportation from Dar es Salaam to Uganda and related transportation rates.

There is a rail connection from Mombasa into Uganda which when rehabilitated can provide an alternative to road transportation up to Kampala.

The tax regime in Kenya is more favourable as it is based on the fuel accessible to the OMC compared to Tanzania where the taxable fuel is based on the declared volumes on the ship which are not fully accessible to the OMCs.

Comparative fuel transport cost to Uganda

Kisumu remains best option as offtake point for petroleum products into Uganda given that more of the pipeline is used to convey the products. Based on the advantages of sourcing through Kenya versus through Tanzania highlighted above, the difference between the most cost-effective route combined with the best transportation mode and the least cost-effective route with the given [with no other alternatives] transportation by truck is Sh415 per litre. This translates to an annual cost burden of Shs921,300,000,000 on the higher side and Shs552,780,000,000 on the lower side for the Ugandan economy.

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ATMIS intensifies joint offensives with Somali security forces against Al-Shabaab

The African Union Transition Mission in Somalia (ATMIS) has intensified its joint military offensives with Somali Security Forces, continuing the robust fight against Al-Shabaab.

The ATMIS Force Commander, Lieutenant General Sam Okiding, at a press briefing on Wednesday said that following the technical pause in the phase two drawdown, ATMIS has reorganised its troops. He shared that ATMIS forces from the two Forward Operating Bases that were handed over, Biyo Cadale and Raga Ceel, remain actively engaged in Somalia. They now form an agile mobile unit undertaking joint offensives against Al-Shabaab. This is alongside the ongoing efforts of troops safeguarding major supply routes, population centres, and conducting routine patrols.

“Since the 90-day technical pause in the Phase two drawdown, our operations with Somali Security Forces have significantly intensified. Notably, we’ve successfully taken control of the Cali Fool-dheere Forest in the Middle Shabelle region, a critical Al-Shabaab stronghold,” said Lt. Gen. Okiding.

He acknowledged that the onset of rains has slightly delayed plans for further liberation efforts in joint offensives. Despite these natural challenges, ATMIS, in collaboration with its partners, had established a Taskforce to prepare for El-Nino and its aftermath. The rains have impacted some of ATMIS’s Forward Operating Bases, leading to flooding and operational delays.

“I was in Jowhar on Tuesday to meet with our troops and boost their morale for the upcoming joint offensives,” he said, affirming ATMIS’s dedication to maintaining security and stability in Somalia and building on the successes of its predecessor mission, AMISOM.

“Since starting on April 1, 2022, ATMIS has upheld AMISOM’s territorial gains. This includes supporting Somali Security forces in safeguarding land, air, and sea borders, as well as protecting population centres and key government installations in Mogadishu and the Federal Member States,” he noted.

The Force Commander expressed gratitude to the President of Somalia, H.E. Hassan Sheikh Mohamud, for his leadership and prioritisation of the offensives against Al-Shabaab. “The President’s leadership has been exemplary in this regard,” he concluded.

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Health Ministry to re-table National Health Insurance Scheme in coming weeks

The Ministry of Health (MOH) has revealed that the new draft bill to introduce the National Health Insurance Scheme will be re-tabled before the cabinet in the coming weeks.

Health Minister Dr. Jane Ruth Aceng who was speaking at the Annual Joint Health Sector Review Conference on Wednesday said the bill requires all adult Ugandans to pay.

She said that a national health Insurance scheme in place is one of the six commitments that Uganda recently made during the United Nations Health Assembly and that they have done thorough consultations to pave the way for its introduction.

This development comes after several failed attempts by the Health Ministry to establish the National Health Insurance Scheme in 2004.

The latest attempt was last year when parliament passed the bill only to be withdrawn shortly after.

Aceng says while they had previously proposed that employers make part contributions to the scheme for their employees, this stance has since changed with complaints of over-burdening the employer.

It should be noted however, that currently, even before the public insurance scheme comes into place, employers have been one of the biggest buyers of private health insurance with corporate companies securing insurance for their staff.

Aceng says they have since established that employers don’t want to pay in the bigger national scheme and they therefore resolved to segment contributions according to generated income groups with some contributing annually and others monthly.

Aceng had earlier intimated to URN that each family head is expected to contribute fifteen thousand shillings for each member of his household to the scheme. She also said that anyone aged eighteen and above will also have to pay irrespective of whether they are in employment or not.

Meanwhile, experts have also spoken out on the idea of having people pay or not, and for Dr Githinji Gitahi, the Chief Executive Officer, of AMREF Health Africa one of the entities that have been spearheading discussions on attaining universal health coverage, the government needs to do mapping to determine which people can afford to contribute irrespective of whether they work in the informal or formal sector.

He suggests the use of village health teams (VHTs) to determine those who can afford the annual contribution and this he says has to be a continuous process because poverty levels keep changing.

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Hostalite, Absa Bank partner to planting 50,000 indigenous trees in over 40 schools in Hoima city

Brian Kaboyo - Hoima City's Mayor (left) & Helen Nangonzi Basuuta (right) - Absa Bank Uganda's Marketing & Customer Experience Director during the tree planting exercise


Hostalite Limited has partnered with Absa Bank to plant 50,000 indigenous tree species in Hoima City, in a campaign dubbed Green Hoima. The campaign aims at planting trees in 33 primary schools, four tertiary institutions and seven secondary schools in Hoima City.
According to Global Forest Watch, in 2010, Uganda had 6.93 million hectares (Mha) of tree cover, extending over 29% of its land area. In 2022, the country lost 64.1 thousand hectares (Kha) of tree cover which is equivalent to 33.3 Metric tons of Carbon dioxide emissions.
Hoima has been experiencing rapid population growth and this inevitably has an impact on the existing forest cover. In the 2002 population census, Hoima city had 343,600 people, and in 2012, after the discovery of oil, the Uganda Bureau of Statistics indicated that the population had increased to 548,800.
Additionally, the oil and gas developments in the area, the city boasts of booming tourism industry with a beehive of activities in the nearby Murchison Falls National Park, Kibale National Park, Budongo Forest Reserve among other protected areas.
Speaking at the launch of the initiative, Absa’s marketing and Customer Experience Director, Helen Basuuta Nangonzi, applauded Hoima City for the initiative aimed at mitigating the impact of climate change – which has affected people’s lives, citing at the recent flooding of River Katonga which negatively affected road transport.
“Such erratic weather patterns, deforestation, and ongoing loss of biodiversity are challenges that demand our attention. Today’s event is a step towards mitigating these challenges. By planting trees, we are enhancing the natural beauty of this region, providing shade, and creating a legacy those future generations can cherish,” she stated.
Nangonzi added that Absa Bank Uganda recognizes the importance of environmental sustainability in the face of these developments and the role that corporations must play in fostering a greener, and healthier planet.
“We are honored to contribute towards this initiative, which is aligned to Absa’s agenda to mitigate the impact of climate change and support environmental conservation. Absa is driven by a purpose to empower Africa’s tomorrow together…one story at a time. Our commitment to being a force for good and the sustainability journey that we have embarked on demonstrate this purpose by creating shared value for our communities,” said Nangonzi.
She stressed the role of collaboration in building a greener, healthier and more sustainable environment for generations to come.
“I urge all of us gathered here to see today not just as a one-time event, but as a starting point for a sustained effort to protect and preserve our environment. Each tree we plant represents hope, a promise of a better tomorrow. It is a small act that, when multiplied across communities and nations, can make a significant difference.”
The Hoima City Mayor Brian Kaboyo said that everyone wants to tap into the oil sector and as such, Hoima is fast becoming a cosmopolitan town. He applauded Absa Bank for the contribution and urged other corporate entities to follow the suit.
The Chief Executive Officer Hostalite, under its sustainability project Greening Africa, Dickson Mushabe reaffirmed his personal commitment as well as that of his organisation to strategically tackle the effects of climate change by focusing on Sustainable Development Goal 13: Climate Action.
“Under this goal, we are deliberately running an African Initiative dubbed Green Cities, Green Africa by supporting organizations to plant trees and use innovative solutions to tackle the climate change challenges. We believe that every tree planted will not only transform the communities but have an everlasting impact on the planet,” he said.

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Human Rights Watch accuses gov’t of arbitrary arrests and harassment of environment activists

Environmental defenders and anti-fossil fuel activists in Uganda routinely face arbitrary arrests, harassment, and threats for raising concerns over a planned oil pipeline in East Africa, Human Rights Watch said in a report released today.


The 22-page report, “‘Working On Oil is Forbidden’: Crackdown Against Environmental Defenders in Uganda” documents the Ugandan government’s restrictions on freedom of expression, association, and assembly related to oil development, including the planned East African Crude Oil Pipeline (EACOP). Civil society organizations and environmental defenders regularly report being harassed and intimidated, unlawfully detained, or arbitrarily arrested.
“This crackdown has created a chilling environment that stifles free expression about one of the most controversial fossil fuel projects in the world. The government of Uganda should immediately end arbitrary arrests of anti-oil pipeline activists and protect their right to exercise freedom of expression, in accordance with international human rights norms,” said Felix Horne, senior environment researcher at Human Rights Watch.


Human Rights Watch interviewed 31 people in Uganda between March and October 2023, including 21 environmental defenders.
The oil pipeline is one of the most significant fossil fuel infrastructure projects under development globally. It will include hundreds of wells, hundreds of kilometers of roads, camps and other infrastructures, and a 1,443-kilometer pipeline, the longest heated crude oil pipeline in the world, connecting oilfields in western Uganda with the port of Tanga in eastern Tanzania.


The French fossil-fuel giant TotalEnergies is the operator and majority shareholder, alongside China National Offshore Oil Company (CNOOC), and the state-run Ugandan and Tanzanian oil companies. The Intergovernmental Panel on Climate Change (IPCC), the world’s leading authority on climate science, and others have warned that no new fossil fuel projects can be built if the world is to reach Paris Agreement goals and limit the worst impacts of climate change.


The activists are protesting both construction of the pipeline and the treatment of people in its path. Over 100,000 people in Uganda and Tanzania will lose their land for the oil developments. Many activists told Human Rights Watch that the constant threats from local government and security officials make it more difficult to provide support to those who have lost land.
The Ugandan authorities have routinely detained and arrested activists and human rights defenders on politically motivated charges. An environmental defender, Maxwell Atahura, described his 2021 arrest in Bullisa: “[The police] were asking me questions about oil … at a certain point they were calling me a terrorist, saboteur of government programs…. At the end they wrote on the police bond unlawful assembly.” Atahura also said that he has received threats and that he eventually relocated to Kampala for safety.
President Yoweri Museveni, a staunch backer of the EACOP pipeline, has warned he will not “allow anybody to play around … [with his] oil.”
Since October 2021, at least 30 people protesting or trying to address the impacts of the oil projects have experienced politically motivated arrests in Kampala and other parts of Uganda. In 2021, the government suspended 54 organizations on the basis of vague language in the country’s Non-Governmental Organisations Act of 2016, including several working on the oil sector and other environmental issues. Local organizations that continue to work on the oil issue do so under intense pressure from government and security officials who press them via phone and in person to halt their oil sector activities.
With limited options to influence government policy, some Ugandan nongovernmental groups alongside their international partners have filed suit in France against TotalEnergies. Two people who travelled to France for a court hearing in December 2019 have experienced continuous harassment by security and government officials since their return.
Activists in Uganda have heavily criticized the project because of the risks it poses to the environment, local communities, and its contribution to climate change. Activists have criticized the government for approving the project, as well as Ugandan and international companies potentially involved in its finance, insurance, construction, or operation.
Local civil society groups have become invaluable in assisting people whose land has been acquired for the oil developments to understand the compensation process and the various avenues open to them to secure fair compensation, Human Rights Watch said. In July Human Rights Watch reported human rights violations associated with the pipeline’s land acquisition project including inadequate compensation, and constant pressure from officials; threats of court action and threats from local government and security officials for those who have rejected compensation offers.
In an October 23 letter to Human Rights Watch, TotalEnergies stated they recognize “the importance of protecting Human Rights Defenders and do not tolerate any attacks or threats against those who peacefully and lawfully promote Human Rights in relation to their activities.”
Human Rights Watch has also written to Uganda’s National Bureau for Nongovernmental Organisations, a semi-autonomous office under the Internal Affairs Ministry, the Internal Security Organisation, and the Uganda Police Force, but none responded.
Due to the opposition of the pipeline from civil society organizations and climate activists in Uganda and around the world, many financial institutions and insurance companies have made a public commitment to not support the pipeline. Financing for the pipeline is yet to be finalized, although in March, a TotalEnergies official stated that the company anticipates that funding should be in place by the end of 2023.
“The construction and operation of EACOP poses grave environmental risks, human rights risks, and contributes to the global climate crisis.” Horne said. “Financial institutions and insurance companies should avoid supporting the Ugandan oil pipeline due to the devastating impacts of fossil fuels on climate change as well as future risks of serious human rights impacts.”

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Paul Put named head coach of Uganda Cranes team

The former manager of the Gambian national team Paul Put has been named the head coach of Uganda Cranes team. Put was unveiled by the Federation of Uganda football Association (FUFA) President Moses Magogo.


Put replaces Micho Sredejovich who was sacked in September for failure to qualify Uganda Cranes to Africa Cup of Nations due next year in Ivory Coast.


Put was manager of the Gambian national team between 2008 and 2011, before being appointed as manager of Burkina Faso in March 2012. He had previously managed Belgian club sides Geel, Lokeren and Lierse, before being banned for three-years by the Royal Belgian Football Association for his alleged involvement in the Ye Zheyun match-fixing scandal.


Put left his role as Burkina Faso manager in February 2015, before becoming manager of Jordan in June 2015. Following a two-week suspension by the Jordan Football Association on 20 December 2015, Put resigned his position as manager of the Jordan national team in January 2016. He was shortlisted for the Guinea national team job in July 2016.


On 30 October 2016, he was announced as manager of Algerian club USM Alger, on a two-year contract. In February 2017 he was one of a number of managers on the shortlist for the vacant Rwanda national team manager role. He became the manager of the Kenyan national team in November 2017, before resigning in February 2018.


He became manager of Chinese club Xinjiang Tianshan Leopard later that month, signing a three-year contract. In March 2018 he was appointed manager of the Guinea national team. He was sacked in July 2019, and received a lifetime ban by the Guinea Football Federation in August 2019.


On 1 October 2019, Put was appointed sporting director of Wydad Casablanca. In October 2020, he was appointed by Bangladeshi top flight club Saif SC as their new head coach. He resigned in February 2021. He became manager of Congo in May 2021.

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Minister Oboth commends efforts towards quality military education in African Staff Colleges

State Minister Oboth Oboth and the African delegates.

The Minister of State for Defence, Jacob Marksons Oboth has commended the African Conference of Commandants (ACoC) for its contribution towards Africa’s security through quality military education and enhancing cooperation amongst African Staff Colleges.

“It is my pleasure to learn that this organization, the African Conference of Commandants, brings together African Staff Colleges and Military institutions with a mission to conceptualize, reform and enhance the education and development of military officers to support policy formulation and military standards in Africa,” said Oboth

The Minister made the remarks during the opening of the 17th African Conference of Commandants at Royal Suites, Bugolobi under the theme, “Aligning Peace Support Operations Training in Africa to the Contemporary Security Scenarios.”

Minister Oboth noted that the theme aligns with the countries’ security requirements because African countries are getting more involved in Peace Support Operations as a result of constant conflicts among the communities. “It is vital that our training syllabi take cognizant of the need to impress the teaching of Peace Support Operations in our staff colleges and other military institutions of higher learning,” Oboth added.

He encouraged the participants to deliberate on the suggestions made by the Staff College Chief Instructors during their conference that was held in July in Kampala.

Major General George Igumba, the Commandant Senior Command and Staff College, Kimaka who doubles as the current chairman of ACoC applauded members for their tremendous cooperation and support during the period under review.

“It reaffirms our commitment to the principles of finding African solutions to the problems we face as a people of this continent,” said Maj Gen Igumba adding that this is an indication to move Africa’s Staff Colleges to greater heights through harmonization and standardization of curricula and cooperation of the Staff Colleges.

He revealed that by the end of the conference, they will have identified the country to take over the chairmanship from Libya come November next year.

The aim of the African Conference of Commandants (ACoC) is to enhance harmonization, interoperability, commonality, standardization and cooperation between African Staff colleges as it is contributing to African peace and security through mechanisms such as the African Standby Force (ASF) and Peace Support Operations (PSOs).

The conference has attracted participants from; Mauritania, Malawi, Kenya, Ghana, Côte D’Ivoire, Cameroon, Botswana, Burundi, Zimbabwe, Libya, Zambia, Uganda, United Republic of Tanzania, South Africa, Sierra Leone, Rwanda, Burundi, and observers from the African Centre for Strategic Studies.

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Uganda’s inflation in October 2023 drops to 2.4%- UBOS reports

UBOS official.

Uganda’s inflation as measured by the Consumer Price Index for the month of October 2023 dropped to 2.4 percent from 2.7 percent in September 2023, latest statistics indicate.

According to Uganda Bureau of Statistics (UBOS), the drop-in inflation is due to reduced prices of major goods such as maize, rice, sugar, fresh cassava, onions and Mukene (silver fish)

UBOS says Maize flour inflation registered negative 23.0 percent in October 2023 compared to negative 3.8 percent registered in September 2023, sugar inflation registered 16.3 percent in October 2023 compared to 34.0 percent registered in September 2023, rice inflation registered 0.2 percent in October 2023 compared to 5.2 percent registered in September 2023 and Mukene inflation that registered negative 10.7 percent in October 2023 compared to negative 5.4 percent registered in September 2023.

However, Annual Services inflation increased to 2.2 percent in the year ending October 2023 compared to 1.6 percent registered in the year ended September 2023.

This is attributed to Annual Education Services inflation that increased to 6.1 percent in the year ending October 2023 compared to 3.8 percent registered in September 2023.

The inflation of housing, water, electricity, gas and other fuels rose to 3.9 percent in October 2023 compared to 3.0 percent registered in September 2023.

Prices of personal care, social protection and miscellaneous goods registered 6.8 percent inflation in October 2023 compared to 6.6 percent registered in September 2023.

Also, prices of Alcoholic Beverages, Tobacco and Narcotics went high in October, registering 4.3 percent inflation in October 2023 compared to 4.0 percent for the year ended September 2023.

Health sector inflation was registered at 2.1 percent for the year ending October 2023 compared to 1.8 percent for the year ended September 2023.

Also Monthly Energy Fuel and Utilities (EFU) inflation increased by 1.1 percent in October 2023 compared to the 1.7 percent rise registered in September 2023.

“The rise in EFU was mainly due to Water charges -NWSC inflation that increased by 3.0 percent in October 2023 from 0.0 percent recorded in September 2023, firewood inflation increased by 5.8 percent in October 2023 from the 0.1 percent rise registered in September 2023, Petrol inflation increased by 1.8 percent in October 2023 compared to the 8.4 percent rise recorded in September 2023 and Diesel inflation increased by 3.8 percent in October 2023 from 3.4 percent rise recorded in September 2023,” UBOS said in a statement.

Analysis by region and income groups shows that Fort portal registered the highest inflation of 4.7 percent for the 12 months to October 2023 compared to 5.1 percent recorded in September 2023.

“This was mainly driven by annual ’Education Services’ inflation that registered 9.1 percent in October 2023 compared to 3.5 percent registered in September 2023. In addition, Annual ’Transport’ inflation registered minus 2.6 percent in October 2023 compared to minus 5.6 percent registered in September 2023,” UBOS said.

The second highest inflation was registered in Jinja at 3.9 percent for the 12 months to October 2023 compared to 3.4 percent recorded in September 2023.

This was mainly driven by annual ’Housing, Water, Electricity, Gas and Other Fuels’ inflation that registered 9.3 percent in October 2023 compared to 7.2 percent registered in September 2023. In addition, Annual ’Furnishings, Household Equipment and Routine Household’ inflation registered 5.9 percent in October 2023 compared to 2.5 percent in September 2023.

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Teso sub-region gets 10 boreholes worth Shs 307 Million

Teso sub-region has received 10 boreholes worth Shs 307 Million. The bore holes, which will benefit over 4,800 people in districts of Kapelebyong, Katakwi and Bukedea, were drilled by Uganda Breweries Limited (UBL).


The boreholes were officially received by Minister of State for Sports Peter Ogwang at Angopet Olilia B village, Okungur Sub-county, Kapelebyong District Village, Lyalakwe Parish in Kapelebyong.


Ogwang said that Teso has long faced challenges related to water scarcity, adding that many communities have had to rely on unclean water sources – leading to health issues and affecting overall community well-being.


“This project stands as a testament to the positive impact that responsible corporate initiatives can have on society. As the Teso sub-region embraces this transformative change, the hope is that other organisations will be inspired to undertake similar efforts, ultimately leading to a brighter and healthier future for all Ugandans,” he said.


Ansell, the Director of Corporate Relations for Africa at Diageo – UBL’s parent company – said that the business supports programs that improve the communities within which they operate all over the world.


“Our commitment to sustainability is outlined by our Society 2030: Spirit of Progress agenda – which is a global programme through which we work to create a more inclusive and sustainable world. One of the ways we do this is by supporting initiatives that preserve and replenish this critical resource, particularly in water-stressed areas.”


Like several sub-Saharan countries, Uganda faces the challenge of a growing number of people who have limited or no access to safe drinking water, which calls for concerted efforts from different stakeholders to address.


According to Water.org, a global non-profit organization working to bring water and sanitation to the world, out of Uganda’s population of 45 million people, 38 million people (83% of the population) lack access to a reliable, safely managed source of water and 7 million people (17%) lack access to improved sanitation solutions.


On a continental level, according to World Bank data, about 387 million people lived without access to basic drinking water services in sub-Saharan Africa in 2020, up from 350 million people in 2000.
Juliana Kagwa UBL’s Corporate Relations Director emphasised the company’s commitment to the well-being of the communities within which it operates. He said that access to clean water is not just a basic human right but also a fundamental necessity for the growth and prosperity of any community.
“Access to clean and safe drinking water remains a significant challenge in Uganda, and while there have been improvements in recent years, a substantial portion of the population – particularly in rural areas – still lacks access to clean water and sanitation facilities. By providing this vital resource, Uganda Breweries Limited has taken a commendable step towards empowering the people of Teso and enabling them to lead healthier and more productive lives,” Juliana stated.
UBL has so far invested over Shs 20 billion in water and sanitation projects across Uganda benefitting over 2 million people.
Some of the projects include a Shs 335 million piped water supply system in the Buwali sub-county of Bududa district that has benefitted over 2,000 residents, the construction of 37 boreholes in the Acholi sub-region and the implementation of a Shs 1 billion water and sanitation project in Bulangira, Kibuku District in partnership with Water Aid Uganda.

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