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
Hundreds of mourners gathered at All Saints Church in Mbarara to bid farewell to Jolly Mugisha, the National Unity Platform (NUP) deputy president for the western region. Mugisha passed away on Monday after spending four weeks in a coma at Mbarara Regional Referral Hospital. She was 63 years old.
The trial of Molly Katanga, accused of murdering her husband, businessman Henry Katanga, will resume today, September 26, at the High Court in Kampala. Molly, along with her daughters Patricia Kakwanza and Martha Nkwanzi, is facing charges related to the killing. They are joined by George Amanyire,
Two employees of Easthood Logistics Limited have been convicted of making a false declaration to the Uganda Revenue Authority (URA) after pleading guilty to charges involving the fraudulent registration of a motor vehicle. Jibril Jimmy Waibale, a director at Easthood Logistics Limited, and Halimah L
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
Alison Mary Akello, the former Miss Tourism Teso, departed Uganda on Saturday, heading to Lagos, Nigeria, where she will represent the country at the Miss Tourism Africa – International (MTA) competition. Akello, who handed over her crown in August to the newly crowned Miss Tourism Teso, Betty Aca
Kampala Lord Mayor Ssalongo Erias Lukwago has strongly warned those taking General Muhoozi Keinerugaba’s recent declaration that he was getting out of the Presidential contention to be ready for a heartbreak. Muhoozi, who has for long been viewed as the most probable successor to President
Uganda Civil Aviation ( UCAA) has announced a partnership with the Uganda Aeronautical Information Service Officers’ Association ( UGAISOA) to organise this year’s Aviation Run scheduled for October 20, 2024. The event will be organised at Entebbe Mayor’s Garden, and according to UCAA S
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
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
