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Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

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€

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Uganda receives first batch of pipes for crude oil project

Uganda receives first batch of pipes for crude oil project

Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline i

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

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

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Kiruhura introduces cow dung fees in major revenue hunt

Kiruhura introduces cow dung fees in major revenue hunt

Kiruhura District Chief Administrative Officer (CAO) Charles Nsubuga Kiberu has instructed all sub-county chiefs and town clerks to start collecting a cow dung loading fee “to boost local revenue collections.” In a September 23, 2024, circular, Nsubuga instructed the leaders to start

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More than $800 million pledged for mpox response, African CDC says

More than $800 million pledged for mpox response, African CDC says

Over $800 million has been pledged to the Africa Centres for Disease Control and Prevention for its fight against a surging mpox outbreak on the continent, the agency's head said on Thursday, adding that the amount was higher than expected. It had previously promised to raise $600 millio

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Where are Uganda’s green jobs?

Where are Uganda’s green jobs?

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

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Museveni can only become a King David, not Amin

Museveni can only become a King David, not Amin

Whenever President Museveni denounces Idi Amin, labelling him an 'idiot', it rekindles debates about the parallels and contrasts between these two prominent figures in Uganda's political history. Amin has globally been clustered in a band of brutal leaders like Adolf Hitler who was the maste

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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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The Fascinating History of Alabama's Cotton Bags and Their Impact on the Textile Industry

The Fascinating History of Alabama's Cotton Bags and Their Impact on the Textile Industry

In a recent event at the Oxford Arts Council’s Fall Arts and Culture Series, Sarah Bliss Wright captivated the audience with a remarkable story about Alabama's rich history intertwined with cotton and cotton bags. Unveiling Alabama's Textile Legacy Rural women in Alabama made significant contribu

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VisionFund Uganda opens Iganga branch for Busoga Sub-region

VisionFund Uganda opens Iganga branch for Busoga Sub-region

VisionFund Uganda has opened an office in Iganga District, Eastern Uganda, making it the first in Busoga Sub-region and bringing the total number of branches to 24 and seven field offices.Previously, VisionFund Uganda customers from Busoga travelled to either Tororo, Mbale and Soroti distr

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