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Economy still faces several risks, says BoU

Economy still faces several risks, says BoU

Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot

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DR Congo accuses Rwanda of creating obstacles in talks to ease M23 conflict

DR Congo accuses Rwanda of creating obstacles in talks to ease M23 conflict

Democratic Republic of Congo has accused Rwanda of creating obstacles in ongoing negotiations to resolve the M23 rebel conflict in eastern Congo that has displaced more than 1.7 million people. The comments by Congolese Foreign Minister Therese Kayikwamba Wagner to the U.N. Security Coun

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Taylor Swift is now the world's richest female musician: Here's who she surpassed

Taylor Swift is now the world's richest female musician: Here's who she surpassed

FILE - Taylor Swift attends the 2024 MTV Video Music Awards at UBS Arena on Sept. 11, 2024, in Elmont, New York. (Photo by Dimitrios Kambouris/Getty Images)NEW YORK - 

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American Rapper, Lord Jamar alleges that Diddy’s S3xuality made Uptown Records to sack him

American Rapper, Lord Jamar alleges that Diddy’s S3xuality made Uptown Records to sack him

Lord Jamar, an American rapper, DJ, record producer, actor, and podcaster, has expressed

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Awori’s story inspires hope and charity

Awori’s story inspires hope and charity

Amidst all the news of corruption, misuse of public funds, incoherent census result numbers, disease outbreaks, war and deaths, the media, regardless of the perception of it being a harbinger of bad news, manages to deliver some rays of hope in form of positive happy-ever-after stories every

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Airlines suspend flights as Middle East tensions rise

Airlines suspend flights as Middle East tensions rise

Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline can

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2024 census data was unrealistic and manipulated, FDC tells Ubos

2024 census data was unrealistic and manipulated, FDC tells Ubos

The Opposition Forum for Democratic Change (FDC) has rubbished the recently released 2024 National Population and Housing Census report, calling for a repeat of the entire exercise. The party deputy secretary for publicity, Mr Warid Lubega Mulindwa, said the report released by Uganda Bur

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Don Nasser further remanded as case is still under investigation

Don Nasser further remanded as case is still under investigation

Kampala City businessman and socialite Nasser Nduhukire, also known as Don Nasser, has been further remanded to Luzira Prison until October 23. Nduhukire appeared on Tuesday morning before the presiding Chief magistrate at Buganda Road Court, Mr Ronald Kayiizi for his case in which he fa

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Poor living longer, rich dying younger

Poor living longer, rich dying younger

In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov

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At 62: Singapore innovates, Uganda struggles with waste

At 62: Singapore innovates, Uganda struggles with waste

The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,

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