Search Results

NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

Ultimate Uganda

Fugitive with UGX 65 Million in Fake Money Disappears at Jinja Bridge

Fugitive with UGX 65 Million in Fake Money Disappears at Jinja Bridge

(Jinja) – Uganda Revenue Authority (URA) officials have once again shown their unmatched talent for sniffing out dodgy dealings at the Jinja Nile Bridge checkpoint. But in typical Ugandan fashion, the plot comes with a twist that would make any seasoned Kampala boda boda rider proud. This time, th

Ultimate Uganda

President Museveni Cautions Leaders Against Using Money in Politics

President Museveni Cautions Leaders Against Using Money in Politics

President Yoweri Kaguta Museveni has cautioned leaders against using money in politics, saying that it’s against the National Resistance Movement (NRM)’s 4th principle of democracy. “With Principle No.4 (democracy), we must remove the pollution of using money in politics. Let all leader

Ultimate Uganda

Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease.  Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call

Ultimate Uganda

PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

Ultimate Uganda

PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

Ultimate Uganda

Suspected Trump assassination plotter has criminal history, ties to Ukraine war

Suspected Trump assassination plotter has criminal history, ties to Ukraine war

The erratic life of a struggling roofing contractor suspected of trying to shoot Donald Trump swerved from bounced checks to a gun felony conviction and a quixotic plan to help Ukraine fight Russia's invasion, before culminating in what appears to be a foiled assassination plot. Ryan Rou

Ultimate Uganda

Court to decide on fate of 80 affected families in crude oil pipeline dispute

Court to decide on fate of 80 affected families in crude oil pipeline dispute

The High Court in Masaka has scheduled September 27 to deliver a ruling on a case concerning the eviction of over 80 residents to facilitate the construction of the crude oil pipeline project. The case is being heard by Masaka High Court resident judge Lawrence Tweyanze. The Attorney

Ultimate Uganda

PRIMENation left guessing on new Central Bank Governor for 970 days

PRIMENation left guessing on new Central Bank Governor for 970 days

The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said.  The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi

Ultimate Uganda

Decades-Old Scandal: French Catholic Church Acknowledges Knowledge of Abbe Pierre's Alleged Abuse

Decades-Old Scandal: French Catholic Church Acknowledges Knowledge of Abbe Pierre's Alleged Abuse

France's Catholic Church has publicly acknowledged that it was aware of the alleged abuse committed by Abbe Pierre seven decades ago. This revelation comes as workers removed a statue of the late French charity icon from its pedestal in a small village in eastern France, symbolizing his fall from gr

Ultimate Uganda