The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi
A teacher at Moroto Core PTC is urgently seeking assistance from well-wishers to cover Shs74 million in medical bills incurred after his wife underwent brain surgery at Mengo Hospital to remove a tumor. Mr John Dokolem, who has been a tutor at Moroto Core PTC since 1992, shared that he h
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
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
The erratic life of a struggling roofing contractor suspected of trying to shoot Donald Trump swerved from bounced checks to a gun felony conviction and a quixotic plan to help Ukraine fight Russia's invasion, before culminating in what appears to be a foiled assassination plot. Ryan Rou
According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth
During the French Revolution of 1789 Marie Antoinette, wife of King Louis XVI and privileged Queen of France was controversially made very famous by four words. It was claimed that on hearing peasants were finding it hard to put bread; a cheap staple food, on th
This month, the national carrier, Uganda Airlines will make five years of spreading its wings across the East African region, India, West Africa, and the United Arab Emirates.The fifth birthd
Americans should not believe Vice President Kamala Harris when she says that inflation will be a “day one” priority for her because her “day one” was three-and-a-half years ago when she and President Joe Biden took over the White House, former President
