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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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More doctors enrolling for traditional medicine training – institute

More doctors enrolling for traditional medicine training – institute

Officials at the Kampala-based Natural Chemotherapeutics Research Institute (NCRI) have said they are seeing more qualified medical professionals enrolling for the course on traditional medicine as integration of modern and traditional medicine takes shape. “Our students are peop

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Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the oversea market, according to the Uganda Coffee Development Authority (UCDA). The monthly UCDA coffee report for August r

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Stolen IGP car among 5 vehicles recovered in Kenya

Stolen IGP car among 5 vehicles recovered in Kenya

Police in Busia District have recovered five vehicles believed to have been stolen from Uganda’s capital Kampala, through a crackdown aimed at curbing car thefts as an emerging cross-border crime. A brand-new double cabin pickup truck belonging to the Ugandan Inspector General of Pol

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Court orders trial of 5 people in NSSF Lubowa land case

Court orders trial of 5 people in NSSF Lubowa land case

High Court in Kampala has ordered the trial of five people accused over the fraudulent transfer of land titles belonging to the National Social Security Fund (NSSF) for land at Lubowa in Wakiso District. This follows a successful appeal by the Directorate of Public Prosecutions. On M

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Medicare Advantage Costs Soar in 2025 with Big Changes Ahead

Medicare Advantage Costs Soar in 2025 with Big Changes Ahead

Seniors across the nation are bracing for significant changes to their Medicare Advantage costs in 2025 as major updates are on the horizon for prescription plans. New Cost Caps and Premium Increases Medicare Advantage and Part D plans are in for a transformation that could have both positive an

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Another step forward, says Arsenal's Arteta after draw at Man City

Another step forward, says Arsenal's Arteta after draw at Man City

Arsenal took another step forward despite conceding a 98th-minute equaliser in a full-blooded 2-2 draw away to champions Manchester City in the Premier League on Sunday, according to manager Mikel Arteta. The London club played the entire second half with 10 men after Leandro Trossard wa

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age

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Museveni can only become a King David, not Amin

Museveni can only become a King David, not Amin

Whenever President Museveni denounces Idi Amin, labelling him an 'idiot', it rekindles debates about the parallels and contrasts between these two prominent figures in Uganda's political history. Amin has globally been clustered in a band of brutal leaders like Adolf Hitler who was the maste

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