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19 Sep '24
In Vernon Parish, a herd of wild horses has roamed the Kisatchie National Forest for years.Some people speculate that the horses have been there for centuries. And as far as the horses were concerned, the 48,000-acre forest in which they roamed was their habitat. After all, the Vernon Paris
Business •
19 Sep '24
The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen
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19 Sep '24
The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu
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19 Sep '24
Enforcement of publicly funded projects and related investment is underperforming, according to National Planning Authority (NPA). The NPA assessment report further discloses laxity in the manner in which development projects, the majority of which are funded by international partners an
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19 Sep '24
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
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19 Sep '24
Wealth creation refers to the process of investing your savings to grow your wealth by choosing investments that align with your financial goals. The modern approach to wealth creation of budgeting and saving builds wealth through a variety of methods using financial products. Certainly, whe
Business •
19 Sep '24
Themed “Joining Hands to advance Modernization and build a High-Level China-Africa Community with a Shared Future,” the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) was a big success and highlighted the common pursuit of China and African countries in realizing modernizat
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19 Sep '24
Kampala is projected to experience a population surge of at least 58 percent, growing from approximately four million to seven million by 2035, as detailed in the World Population Review based on the UN World Urbanisation Prospects. This report suggests that without appropriate interventions
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19 Sep '24
A recent admission by the state minister of education in charge of primary education, Joyce Kaducu, that more than 50 percent of the schools with boarding facilities do not qualify to have them reveals how dire the situation in schools is. The facilities are reported to be in such bad sh
Business •
19 Sep '24
As schools opened for the third term on Monday, flood-affected schools in Ntoroko District faced significant disruptions, with some relocating and conducting classes in tents, leading to low student turnout and teacher absences. Ntoroko District has been grappling with floods for more th