A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one area in Darfur into famine. WHAT TRIGGERED THE VIOLENCE? Tensions had been building for months before fighting betw
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
The sacking of Ms Dorothy Kisaka as executive director of the Kampala Capital City Authority (KCCA) was not a surprise to many Ugandans. Critics say it had only been a matter of time. Ms Kisaka assumed office on July 23, 2020 following an initial recommendation by President Museveni
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
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
Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17 parliamentary elections, analysts say. President Bassirou Diomaye Faye, just five months into the job, set the stage
South Sudan and Sudan have made progress towards restarting the pumping of South Sudan's crude oil through a pipeline running to a port in its neighbour, South Sudan's finance minister and the president's office said. WHY IT'S IMPORTANT The exports are a crucial source of revenue for
(US) – The recent debate between Kamala Harris and Donald Trump has generated a wave of media coverage, largely focusing on the unexpected dynamics that unfolded. According to various reports, Harris emerged as the clear winner, capitalizing on Trump’s unfor
MTN Uganda has indicated it has sought approval from its board to separate the Fintech business, which includes mobile money, from its stock portfolio. The separation, which is being spearheaded at Group level, MTN says is part of its Ambition 2025 t
With results in from over 60% of polling stations, the ANC had just under 42% of votes, by far its worst result since democratic elections began after the end of apartheid in 1994.
