Business •
25 Sep '24
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the
Business •
25 Sep '24
President Museveni has fired Kampala Capital City Authority (KCCA) executive director Dorothy Kisaka, her deputy Eng David Luyimbazi and the director of Public Health Dr Daniel Okello over Kiteezi landfill collapse that left 35 people dead and several others missing. “In a decisive
Business •
24 Sep '24
Movement on the Kampala-Gulu highway was on Monday paralysed following the total closure of Karuma Bridge that links northern Uganda, South Sudan and DR Congo. The government closed the defective 61-year-old bridge to pave the way for its reconstruction, which is expected to take three m
Business •
24 Sep '24
Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87 (Shs3,200) in August. The recent auctions at the Mombasa Tea Auction, closing on September 17, revealed a notable incr
Business •
24 Sep '24
Resty Namata began her career at Kiteezi Landfill as a sorter earning about Shs7,000, and eventually advanced to a picker, earning at least Shs10,000 daily. But more than half of the workers are women, who turn to this refuge to cope with socio-economic challenges."We are 600 women out of ab
Business •
24 Sep '24
California Governor Gavin Newsom recently signed Assembly Bill 2747, offering a financial boost to renters who maintain timely rental payments. New Legislation for Positive Credit Reports Landlords in California will now have the option to report positive rental payment information to credit bur
Business •
24 Sep '24
Stardew Valley's creator, Eric 'ConcernedApe' Barone, has been diligently working on the highly anticipated 1.6 update for most of the year. The update initially launched on PC in March, drawing in 150,000 eager players back into the beloved game. However, console and mobile players have been patien
Business •
23 Sep '24
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
Business •
23 Sep '24
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
Business •
23 Sep '24
Kampala socialite Nasser Nduhukire, aka Don Nasser has been remanded to Luzira Prison on charges of aggravated trafficking in children and defilement of a 16-year-old girl. The 38-year-old businessman and resident of Kito village, Kira Town Council, Wakiso District appeared at Buganda Road