Business •
09 Oct '24
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
Business •
09 Oct '24
President Museveni has guaranteed to give Shs 2 billion to the Savings and Credit Cooperative Organisation (SACCO) of the womenâs council affiliated to the Uganda Muslim Supreme Council (UMSC), the governing body of Muslims in the country. The money is geared towards backing the eco
Business •
09 Oct '24
Democratic Republic of Congo has accused Rwanda of creating obstacles in ongoing negotiations to resolve the M23 rebel conflict in eastern Congo that has displaced more than 1.7 million people. The comments by Congolese Foreign Minister Therese Kayikwamba Wagner to the U.N. Security Coun
Business •
08 Oct '24
Justin Bieber’s song “Lonely” is experiencing a significant resurgence, with sales skyrocketing nearly 1,500 copies in the past week, according to Luminate. While this surge hasn’t quite propelled the track onto Billboard charts, it brings it closer to m
Business •
08 Oct '24
Police in the Busoga Sub-region are investigating the cause of a fire that engulfed homes in the Namutumba and Bugiri districts on the morning of October 8, resulting in the deaths of seven family members. In Namutumba District, a fire consumed a grass-thatched house in Buyoboya-Kibale V
Business •
08 Oct '24
Women activists in the land sector have urged the government to implement reforms in land management to better protect women’s rights to land ownership and usage. As the Ministry of Lands, Housing and Urban Development intensifies land reforms through its Program Implementation Action
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08 Oct '24
The Opposition Forum for Democratic Change (FDC) has rubbished the recently released 2024 National Population and Housing Census report, calling for a repeat of the entire exercise. The party deputy secretary for publicity, Mr Warid Lubega Mulindwa, said the report released by Uganda Bur
Business •
08 Oct '24
How old were you in 1962? I was 14 and I was very lucky because I happened to have been raised in Katwe (a suburb in Kampala), so I walked to Kololo Airstrip where the Union Jack was to be lowered for the last time in Uganda at midnight. Everybody was excited. I witnessed the arrival
Business •
08 Oct '24
In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov
Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,