Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
09 Oct '24
Ms Denise Charity Atwine, a resident of Mende Sub-county in Wakiso District, did a self-breast check in 2018 and found a lump in her right breast. The lump was the size of a pea. She told her friend who had lost a mother due to breast cancer about the lump. Her friend recommended a d
Business •
09 Oct '24
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
Business •
08 Oct '24
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,
Business •
08 Oct '24
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
Business •
07 Oct '24
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
Business •
07 Oct '24
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
Business •
01 Oct '24
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€
Business •
01 Oct '24
Usually, I take two days before pooping. Is this normal and how long does food take to move from the mouth to the anus? Tobias Dear Tobias, What we eat as food is digested (into what we can absorb) in our alimentary canal, and the undigested waste is stored in the rectum before it ex
Business •
01 Oct '24
If you had to choose between a food voucher that provides you with a three-month nutrition plan and free access to a state-of-the-art gym for three months, what would you choose? I have a feeling that many people would go for the nutrition voucher. The thought of going to the gym can be quit