Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
It is midday and Gaudensia Tankobatagira is sitting quietly on a stool beneath the shade of an avocado tree at her home in Kabigyemire Village, Busiriba Sub-county in Kamwenge District. Surrounded by her grandsons, the 63-year-old woman patiently shells beans. Dressed in a simple gown, p
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta
Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (
The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has been pumped into Atiak Sugar Factory was utilised, saying there is little to nothing on ground to show for the money. Fo
The high death toll from the fuel tanker fire at Kigogwa Trading Centre has raised concern about the lack of awareness among Ugandans regarding safety protocols in accidents involving vehicles carrying flammable substances. Fire experts emphasise the importance of immediate evacuation
When you talk about insurance, what runs through the minds of many Ugandans, is an imaginary image of a wealthy person, cushioning his property or the health of his family members.However, a section of experts in insurance industry have argued that the poor need insurance services more than
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec
The Ugandan government has presented a set of demands to the international community, including funding agencies, in response to the increasing burden of hosting refugees. Uganda currently hosts around 1.7 million refugees, straining the country’s resources as donor funding declines.
