Business •
11 Oct '24
Yesterday, Uganda celebrated its 62nd independence anniversary, a time that always fills me with nostalgia for the more innocent days of my childhood. Those celebrations seemed more vibrant and highbrow back then, sparking a sense of wonder that I cannot quite put into words. I cannot
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
27 Sep '24
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
Business •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
Business •
26 Sep '24
The now sacked deputy executive director of the Kampala Capital City Authority (KCCA), Mr David Luyimbazi, has denied claims that as top leaders they slept on the job and are to blame for the Kiteezi dumpsite disaster. Mr Luyimbazi, who President Museveni sacked alongside KCCA Executive
Business •
23 Sep '24
Despite significant medical advancement globally, cancer continues to be a leading cause of death among children in Uganda. The complexities of diagnosis, treatment and access to care reveal a crisis that demands attention and action. The Uganda Cancer Institute (UCI) registers approxima
Business •
20 Sep '24
Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G
Business •
18 Sep '24
The Ugandan Mission in Abuja, Nigeria, is allegedly facing a financial crisis after its accounting officer, Mr Eriya Tusubira, was reportedly asked to return to Kampala. The Mission accuses Mr Tusubira of being absent from his post for more than six months and exhibiting unbecoming behav
Business •
17 Sep '24
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