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Abuja Mission crisis sparks queries on accountability

Abuja Mission crisis sparks queries on accountability

The Ugandan Mission in Abuja, Nigeria, is allegedly facing a financial crisis after its accounting officer, Mr Eriya Tusubira, was reportedly asked to return to Kampala. The Mission accuses Mr Tusubira of being absent from his post for more than six months and exhibiting unbecoming behav

Ultimate Uganda

NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

Ultimate Uganda

URA Collects UGX 28 Billion More Than Expected in August

URA Collects UGX 28 Billion More Than Expected in August

(Kampala) – The Uganda Revenue Authority (URA) has reported a  surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent

Ultimate Uganda

Hartsfield-Jackson Ranks Low in Latest Airport Satisfaction Study

Hartsfield-Jackson Ranks Low in Latest Airport Satisfaction Study

Travelers flooded Hartsfield-Jackson International Airport on the busiest day of the Labor Day travel period, but the airport falls short in customer satisfaction. Here's a breakdown of the latest findings: Crowd Displeasure According to a recent J.D. Power study, Hartsfield-Jackson ranks 17th

Ultimate Uganda

PSFU asks govt to address delays in paying domestic arrears

PSFU asks govt to address delays in paying domestic arrears

Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t

Ultimate Uganda

Insurance Market Impact of Hurricane Francine in Louisiana Explained

Insurance Market Impact of Hurricane Francine in Louisiana Explained

Governor Jeff Landry has confirmed the approval of a major disaster declaration for Louisiana by the White House. This declaration will provide federal assistance for various recovery efforts in the aftermath of Hurricane Francine, including temporary housing, home repairs, and low-cost loans to aid

Ultimate Uganda

Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease.  Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call

Ultimate Uganda

Bush burning: Cherished, but fuelling climate catastrophes

Bush burning: Cherished, but fuelling climate catastrophes

Since time immemorial, during dry seasons, farmers in Lamwo District have burnt grass in their gardens to stimulate the growth of fresh green grass for their livestock and to enhance soil fertility. Smallholder farmers believe dry grass is not nutritious to their animals, and in a desper

Ultimate Uganda

PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

Ultimate Uganda

PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

Ultimate Uganda