Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€
Meghan Markle is under more scrutiny for her management style as another former staffer describes her as someone who could be a "demon" when things aren't going her way.The fresh allegations come after employees of the Sussexes described them a
An Instagram reel has taken the internet by storm, claiming that a 2017 episode of The Simpsons eerily foreshadowed the details of Diddy's white parties. The episode in question, titled 'The Great Phatsby,' featured as part of Season 28 and even had a character
Arsenal and talk of red cards is becoming very familiar this season, probably too much so in the eyes of Mikel Arteta.Many felt as if
On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi
In a shocking incident in Kasanje, Wakiso district, a boda boda rider has come under scrutiny after being spotted transporting seven school children along with their school bags on a single motorcycle. The incident occurred on Tuesday and has sparked widespread
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
Only 26.2 percent of employers registered with the National Social Security Fund are active, according to the NSSF managing director Patrick Ayota. The details above mean that the majority of companies and organisations on the Fund’s register, which stands at least 73.8 percent are
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
