Category: Business

Supreme Court orders UMEME to pay Kampala businessman USD 2.5 Million in Damages

Supreme Court orders UMEME to pay Kampala businessman USD 2.5 Million in Damages

The Supreme Court has ordered UMEME to Pay Kampala Businessman $2.5 Million in Damages for unlawful charges leading to equipment loss. Justices Mwondha, Prof. Tibatemwa-Ekirikubinza, Tuhaise, and Chibita rule in favor of Enock William Makubuya, stating UMEME wrongly billed him for energy loss in

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2023 PLE results released: Here are key takeaways

2023 PLE results released: Here are key takeaways

Results for 2023 Primary Leaving Examinations (PLE) were released on Thursday, January 25 at State House in Nakasero, Kampala.UNEB Executive Director Dan OdongoThe Uganda National Examinations Board (UNEB) Executive Director Dan Odongo said a total of 749,254 candidates f

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Girls Lead in PLE Exams; Uneb Warns Against Fraud

Girls Lead in PLE Exams; Uneb Warns Against Fraud

Today, the Minister of Education and Sports, Ms Janet Kataha Museveni, will release the Primary Leaving Examinations (PLE) results for the 749,347 pupils who took the exams last year. The Uganda National Examinations Board (Uneb) provided this information after briefing Ms. Kataha about the pupil

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Coffee Scandal: How Nelson Tugume Tricked Museveni; Diverted Shs 21bn to Own Factory in Ntungamo

Coffee Scandal: How Nelson Tugume Tricked Museveni; Diverted Shs 21bn to Own Factory in Ntungamo

The funds taken by Tugume for his private coffee enterprise is almost higher than the 2023/2024 financial year budget (Shs 22bn) which the government allocated to cater for the allowances of medical interns and senior house officers across UgandaMuseveni in a group photo with

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Medical interns threaten to strike over unfulfilled pledges

Medical interns threaten to strike over unfulfilled pledges

Pre-medical interns from Kabale University in western Uganda took to the streets of Kabale town to join their colleagues in the nationwide demonstration against the government's delay to deploy them. PHOTO/Robert MuherezaMedical interns under their umbrella body, the Federation for Uganda

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BoU closes EFC Uganda Limited

BoU closes EFC Uganda Limited

Bank of Uganda (BoU) has placed EFC Uganda Limited, a microfinance deposit-taking institution, under liquidation, revoked its license, and ordered for the winding up of its affairs in the country.According to Michael Atingi-Ego, the deputy Bank of Uganda governor, the decision to close EFC

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Navigating January Finances: Overcoming financial challenges in Uganda

Navigating January Finances: Overcoming financial challenges in Uganda

The month of January often presents financial challenges for many individuals and families around the world, and Uganda is no exception. The aftermath of festive season spending combined with the anticipation of school fees, rent, and other obligations can le

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Navigating January Finances: Overcoming financial challenges in Uganda

Navigating January Finances: Overcoming financial challenges in Uganda

In the ever-evolving political landscape of Uganda, the question looms large: Are protests still viable tools for the opposition to effect change in leadership? As the nation grapples with political discontent and a desire for reform, examining the efficacy o

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WHO Reports Global Decline in Tobacco Use

WHO Reports Global Decline in Tobacco Use

The World Health Organization (WHO) revealed a consistent reduction in the number of adult tobacco users worldwide, signaling a positive trend. However, the WHO cautioned against complacency, highlighting the tobacco industry’s persistent efforts to reverse this decline.As of 2022, appro

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Surviving Kampala on a UGX 500,000 Salary – A Practical Guide

Surviving Kampala on a UGX 500,000 Salary – A Practical Guide

Simon Mburu, a 24-year-old who has recently secured employment in Rubaga, Kampala, with a monthly net salary of UGX 500,000, seeks guidance on budgeting and achieving financial independence. Facing the challenges of living in an expensive city on a modest income, Simon aims to not only cover his

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