Yesterday, Uganda celebrated its 62nd independence anniversary, a time that always fills me with nostalgia for the more innocent days of my childhood. Those celebrations seemed more vibrant and highbrow back then, sparking a sense of wonder that I cannot quite put into words. I cannot
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
You will be making 79 in November. With the benefit of hindsight, has Independence been worth it? Independence was a positive development that came at the right time. Colonialism was no longer viable. But, I am not sure whether we have successfully utilised Independence to the advantage
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
The Ugandan government has entered into a partnership with Ghana’s Jospong Group of Companies to recycle waste that has accumulated at Kiteezi landfill in Wakiso District over the past 28 years. The collaboration aims to address Kampala’s long-standing waste management issues by rehabilitating t
A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons
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
Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi
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
In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov
