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Wealth-Building 101: Golden rules of investing

Wealth-Building 101: Golden rules of investing

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

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15,000 Busoga Muslim women to benefit from Museveni Shs2b donation

15,000 Busoga Muslim women to benefit from Museveni Shs2b donation

At least 15,000 Muslim women in Busoga Sub-region under their respective Saccos are set to benefit from a Shs2 billion donation from President Museveni. The national chairperson Uganda Muslim Women Council (UMWC), an affiliation of Uganda Muslim Supreme Council (UMSC), Ms Sophie Safina K

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UPDF soldier to face justice for deadly shooting in Agago

UPDF soldier to face justice for deadly shooting in Agago

Three civilians from Ngora East Village, Paimol Sub-County in Agago District, who were shot dead by a Uganda People's Defence Forces (UPDF) soldier on October 20, 2024, were laid to rest on Wednesday. The deceased—Sunday Apio, 21; Santino Akidi, 47; and Florence Ajalo, 15—were all bu

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What to do when a fuel tanker explodes

What to do when a fuel tanker explodes

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

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Why poor people need insurance more than the rich   

Why poor people need insurance more than the rich   

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

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DRC army says it takes back Kalembe from M23, rebels deny

DRC army says it takes back Kalembe from M23, rebels deny

Democratic Republic of Congo's army on Tuesday said it had taken back the eastern town of Kalembe, a day after it was seized by M23 rebels, but rebels said they still controlled the town. Kalembe, a small town in Walikale territory in militia-plagued North Kivu, came under M23 control on

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Collaborate for strong SME communities

Collaborate for strong SME communities

Among many other skills and initiatives, networking and collaboration have emerged as essential strategies for Small and Medium-sized Enterprises (SMEs) to foster growth and enhance their visibility while actively engaging with their clients. Networking can be defined as the process of estab

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How local firms are taking on engineering works at EACOP

How local firms are taking on engineering works at EACOP

“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo

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Atuharire to women: Shift from handouts to business investment

Atuharire to women: Shift from handouts to business investment

You seemed so focused in training businesswomen and entrepreneurs. Why is that so important to you?Uganda has been ranked by the Global Entrepreneurship Monitor as one of the most entrepreneurial countries in the world with 30 percent of Ugandans starting businesses annually. But not many of

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Tourism board, hotel owners lock horns over new licences

Tourism board, hotel owners lock horns over new licences

Hotel owners across the country have protested a move by the Uganda Tourism Board to shut down accommodation facilities that are not licensed by the board to operate. The board, that by the law, regulates the hospitality sector issued a warning that those facilities operating without a l

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