Business •
21 Oct '24
The hope of paving roads from the Ugandan border to cities in the Democratic Republic of Congo has got a lease of life after the transport ministers of both countries signed an amended agreement to develop them. The Uganda Minister of Works and Transport, Gen Edward Katumba Wamala, and h
Business •
21 Oct '24
The 45.9m people live in a total of 10,698,913 households whose average size is 4 persons. This is how the number of households is shared out among the statistics sub regions into which UBOS split the country: Buganda has over 3.4m households followed by Busoga
Business •
16 Oct '24
More than 42,000 Africans’ names are in a spacecraft launched from the United States on Monday, destined for a faraway moon called Europa that orbits Jupiter. After a successful launch, the vessel christened Europa Clipper is now travelling in space as it embarks on a journey of 2.9
Business •
16 Oct '24
The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin
Business •
14 Oct '24
Rihanna modeled a gray, tweed
Business •
12 Oct '24
In the early stages, Uganda's soils were considered fertile and little was done to improve productivity in a systematic way. However it was soon realised that crop yields in Uganda declined under continuous cultivation due to soil degradation like anywhere else. This is the thinking
Business •
11 Oct '24
This yearâs Independence Day, celebrated yesterday, is more special than usual. Although the British declared Buganda a protectorate of the crown in 1894, it was not until the defeat of Omukama Kabalega of Bunyoro in 1899 that a tipping point in the subjugation of the existing pre-colon
Business •
09 Oct '24
Kenya’s National Assembly voted to impeach Deputy President Rigathi Gachagua on Tuesday, October 8, 2024 in a historic political event. The decision was made during a lengthy parliamentary session, with 281 members voting in favor of the impeachment, while 44 opposed it, and one member abstained.
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
08 Oct '24
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the