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Economy still faces several risks, says BoU

Economy still faces several risks, says BoU

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

Ultimate Uganda

At 62: Singapore innovates, Uganda struggles with waste

At 62: Singapore innovates, Uganda struggles with waste

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,

Ultimate Uganda

Govt pushes for mindset change among PDM beneficiaries

Govt pushes for mindset change among PDM beneficiaries

Government has tasked Enterprise Uganda to drive mindset change among Parish Development Model (PDM) beneficiaries to maximise benefits in the programme that has been ongoing for about three years. Speaking on the sidelines of a week-long training for PDM beneficiaries in the Teso sub-re

Ultimate Uganda

New power tariffs excite Kalangala

New power tariffs excite Kalangala

Industrialists, cottage industry owners, and leaders in Kalangala District are optimistic about the newly-revised power tariffs announced by the Electricity Regulatory Authority (ERA). According to district leaders, the new tariffs on Buggala Island have been reduced by Shs275 for domest

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From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

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Our returns are in their own orbit, says NSS boss

Our returns are in their own orbit, says NSS boss

As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow manages to look both formal and effortlessly cool. It’s a Sunday morning. Time check: 10.20 am. He pauses, scanning the r

Ultimate Uganda

Fuel boss' murder leaves family with many unanswered questions

Fuel boss' murder leaves family with many unanswered questions

The tragic death of Agnes Nantongo, whose lifeless body was discovered on the Northern Bypass near Agenda Bridge in Kamuli A’ Zone, Kireka Ward, Namugongo Division, Wakiso District, last Sunday morning, has left many reeling in shock.

Ultimate Uganda

Twin fires deal Kalangala heavy blow

Twin fires deal Kalangala heavy blow

The first fire, whose cause is still under police investigation, destroyed more than 70 semi-permanent houses on Tuesday. A second fire, believed to have been sparked by remnants of the initial blaze, left more than 120 residents without shelter. The affected families are now camping in

Ultimate Uganda

Over 100 Ex-GOP Officials Endorse Harris—Here’s The Full List

Over 100 Ex-GOP Officials Endorse Harris—Here’s The Full List

ToplineMore than 100 former staffers and national security leaders from past Republican administrations endorsed Vice President Kamala Harris on Wednesday—adding to the growing list of Republicans speaking out against former President Donald Trump.

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Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€

Ultimate Uganda