NEWVISION
FIRST LADY GUIDES YOUNG PEOPLE ON MAKING RIGHT CHOICES
Page: 2
Summary: The First Lady and Minister for Education and Sports, Hon. Janet Museveni, has advised people to exercise caution when making choices, emphasising that every decision carries consequences.
NSSF: WHAT 11.5% PAY MEANS FOR WORKERS
Page: 3
Summary: The 11.5% rate was declared at the NSSF’S 12th annual members meeting in Kampala and it translates to a payout of about UGX. 2 trillion for savers. For instance, if you had UGX. 1 million in your NSSF account as of July 1, 2023, you would have earned UGX. 115,000 in interest. Finance Minister, Hon. Matia Kasaija announced that the National Social Security Fund (NSSF) will pay an 11.5% interest rate on members’ savings for the 2023/2024 financial year
PRESIDENT MUSEVENI LAUNCHES 600 MW KARUMA HYDRO POWER PROJECT
Page: 4
Summary: The commissioning of the UGX. 6.3 trillion 600 MW Karuma Hydro Power Project is expected to reduce the cost of electricity, which will in turn lower the cost of production of goods and services in Uganda. President Yoweri Museveni yesterday commissioned the project that will bring the total power generation capacity in Uganda to 2,200MW from 380MW in 2005. The function took place at Mutunda sub-county in Kiryandongo District.
TOURISM DAY: FOOD VENDORS TIPPED ON QUALITY
Page: 6
Summary: Kasese District will today host the World Tourism Day celebrations, where President Yoweri Museveni is expected to grace the function as the Chief Guest. As part of the celebrations, the Uganda Hotel and Tourism Training Institute (UHTTI), this week engaged food vendors in Kasese municipality about key elements that will enhance proper service delivery in their businesses, including food production, food hygiene, customer care and basic business skills to keep a smile on their faces.
GOVERNMENT SETS 2025/26 BUDGET AT UGX. 57.4 TRILLION
Page: 7
Summary: The Finance Ministry has set the preliminary budget for the 2025/26 financial year at UGX. 57.441 trillion. In a September 13 circular, the ministry directed all accounting officers to submit their budget framework papers for the 2025/2026 financial year by November 7. .
PRESIDENT MUSEVENI ADVISES DAIRY FIRMS TO INVEST IN MILK POWDER
Page: 8
Summary: On Wednesday, President Yoweri Museveni officially launched the Royal Milk Enterprises Factory in Nalukolongo, Kampala. During the event, he emphasised the importance of local production in driving economic growth and ensuring food security.
PRESIDENT MUSEVENI, KENYAN BISHOP DISCUSS WEALTH CREATION
Page: 8
Summary: On Wednesday, President Yoweri Museveni met with the Rt. Rev. John Okude Omuse, the Bishop of the Diocese of Katakwa in the Anglican Church of Kenya. During the meeting, President Museveni shared insights on wealth creation and discussed Uganda’s successful strategies for transitioning citizens from subsistence farming to active participation in the money economy.
GEN. KAINERUGABA DISCUSSES MILITARY CO-OPERATION WITH MOZAMBICAN COUNTERPART
Page: 10
Summary: The Chief of Defence Forces, the Uganda Peoples’ Defence Forces (UPDF), Gen. Muhoozi Kainerugaba, held talks with his Mozambican counterpart, Chief of General Staff of the Mozambique Armed Forces, Admiral Joaquim Mangrasse in Maputo. The two military leaders engaged in bilateral discussions aimed at enhancing the relations between the two military forces.
