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NSSF savers to get 11.5% interest 

NSSF savers to get 11.5% interest 

Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen

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Motorists face long detours following Karuma Bridge closure

Motorists face long detours following Karuma Bridge closure

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

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Tooro tea farmers frustrated as prices remain low

Tooro tea farmers frustrated as prices remain low

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

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HP Victus 16 RTX 4070 Gaming Laptop Now Under $1,000 - Save $400 on High-End Components

HP Victus 16 RTX 4070 Gaming Laptop Now Under $1,000 - Save $400 on High-End Components

"HP Victus 16 RTX 4070 Gaming Laptop Now Under $1,000 - Save $400 on High-End Components "I recently had the opportunity to test out the HP Victus 16 with the RTX 4050 version, but now the RTX 4070 model has taken a significant price drop, making it an even more attractive option for gamers on a bud

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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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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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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Don’t blame us for high fees, private schools say

Don’t blame us for high fees, private schools say

Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi

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EOC urges government to stop funding schools charging high fees

EOC urges government to stop funding schools charging high fees

The Equal Opportunities Commission (EOC) has asked the government to stop funding top schools that continue to charge excessive school fees. Ms Susan Nambatya, the EOC research associate, who yesterday spoke at the release of findings of a study on fees charged by government and private

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Scientists launch Shs9.8 billion Crimean-Congo Hemorrhagic Fever vaccine study

Scientists launch Shs9.8 billion Crimean-Congo Hemorrhagic Fever vaccine study

Ugandan scientists have launched a Shs9.8 billion study to develop a vaccine for the deadly Crimean-Congo Hemorrhagic Fever (CCHF).  The two-year study, which is already underway, is being conducted by researchers from the Uganda Virus Research Institute (UVRI) and the Medical Research

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