Business •
01 Oct '24
More than 500 families residing along the shores of Lake Albert in Hoima District are on the verge of displacement due to rising water levels, mirroring the devastating floods of 2020 and 2021. Residents of Fofo, Kijangi, Mbegu, Rwentali, Kaiso, and Kiryamboga landing sites in Buseruka a
Business •
30 Sep '24
More than 500 families residing along the shores of Lake Albert in Hoima District are on the verge of displacement due to rising water levels, mirroring the devastating floods of 2020 and 2021. Residents of Fofo, Kijangi, Mbegu, Rwentali, Kaiso, and Kiryamboga landing sites in Buseruka a
Business •
30 Sep '24
On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi
Business •
25 Sep '24
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the
Business •
23 Sep '24
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms. The move creates a new dimension, in which assets under management - especially by ins
Business •
23 Sep '24
Your Excellency President Museveni, I write to you as a concerned citizen who has been actively involved in the capacity-building efforts of your government’s socio-economic programmes such as the Parish Development Model (PDM), Emyooga, and GROW. These initiatives were introduced wi
Business •
20 Sep '24
The Uganda National Roads Authority (Unra) has added a second ferry at the Masindi Port to ease transport to northern Uganda ahead of the planned closure of the Karuma Bridge, scheduled to begin on September 23. The Unra media relations manager, Mr Allan Ssempebwa, said the new ferry wil
Business •
19 Sep '24
Kampala is projected to experience a population surge of at least 58 percent, growing from approximately four million to seven million by 2035, as detailed in the World Population Review based on the UN World Urbanisation Prospects. This report suggests that without appropriate interventions
Business •
19 Sep '24
For decades, Bukedi sub-region in Eastern Uganda was primarily known for cotton cultivation. However, fluctuating prices led farmers to abandon cotton in search of more viable alternatives. During the launch of the Bukedi Strategic Development Plan, leaders outlined coffee and cocoa as c
Business •
19 Sep '24
Human rights activists have called for the implementation of non-custodial sentences to address Uganda’s prison congestion. The Commissioner of Prisons, Mr Apollo Baker Asinga, noted that between 2014 and 2015, the total prison population was about 42,619, but this number has since inc