The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
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
At least 30 decomposing bodies were found in a boat drifting around 70 km (38 nautical miles) off the coast of Senegal's capital Dakar, the military said on Monday. The navy was informed of the boat's presence on Sunday evening and a patrol boat was immediately deployed to the area, the
Kayunga District councilors have called for an investigation into what they described as unclear circumstances under which 62 primary school teachers were interviewed and given appointment letters yet the district officials had advertised 32 vacancies. During the district council meeting
A citizen has sued the government, challenging the alleged move to relocate Luzira Prison to Buikwe District in a bid to pave the way for a commercial investment. Mr Deus Arinaitwe has sued the Attorney General (AG), who is the chief legal adviser of the government, seeking orders and de
Sudanese former leader Omar al-Bashir has been transferred from Sudan's war-ravaged capital to the northern town of Merowe for medical treatment, his lawyer said on Tuesday. The 80-year-old, jailed along with allies after being overthrown in a popular uprising in 2019, had been taken to
The Kiteezi landfill tragedy is a few days shy of a two-months anniversary. The grief is still too raw for survivors and bereaved families. The gut-wrenching calamity befell residents of Kiteezi in Wakiso District on August 10, claiming the lives of more than 35 people and destroying pro
Over a year ago we reported on what we called the “new Ugandan tribes”, good people who have formed social, cultural, economic, and philosophical communities around a set of experiences, values, and organising that didn’t exist in strong ways until about 10 years ago. Or they could be
Previously on The Girl Child Has Seen Days…. The Kyayisewas have decided that they have to fire GC after she threw Edith’s clothes in the garbage. But GC doesn’t know this. She clocked out and went out partying before the news could be delivered. Now it is time to face the boss…Fi
An Egyptian warship has delivered a second major cache of weaponry to Somalia including anti-aircraft guns and artillery, port and military officials said on Monday, in a move likely to stoke further friction between the two countries and Ethiopia.Ties between Egypt and Somalia have grown th
