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NSSF savers to get 11.5% interest 

NSSF savers to get 11.5% interest 

Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen

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Driver Accused of Smuggling Prohibited Cigarettes Released on Bail

Driver Accused of Smuggling Prohibited Cigarettes Released on Bail

A driver facing serious charges related to the possession of prohibited goods has been granted bail. On September 25, 2024, Hussein Isabirye was released by the Anti Corruption Court in Nakasero, under the authority of Chief Magistrate Joan Aciro. The court set Isabirye’s bail at sh4 million, with

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Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

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

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Top Role-Playing Games for an Epic Girls' Night in 2024

Top Role-Playing Games for an Epic Girls' Night in 2024

In a world where adulting can feel like a never-ending cycle of responsibilities, game nights offer a much-needed escape. Whether you're a seasoned game night pro or a newbie looking to spice up your girls' night in, finding the perfect game is key to ensuring a memorable evening. Here are some top

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Diddy: From music mogul to criminal charges

Diddy: From music mogul to criminal charges

Sean "Diddy" Combs used his fame as one of hip-hop's biggest names to coerce women into demeaning sexual acts as part of a long-running scheme of sex trafficking and racketeering, prosecutors said on Tuesday in bringing three criminal charges against him. Combs, 54, pleaded not guilty in

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URA Officers Manipulate Tax TINs to Steal UGX 319 Million

URA Officers Manipulate Tax TINs to Steal UGX 319 Million

(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have decided to play a different game—dodging the very taxes they’re supposed to protect. We are not talking about a few missed shil

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Are arguments tearing your relationship apart?

Are arguments tearing your relationship apart?

In Uganda, where family and community ties are strong, maintaining a healthy relationship is essential to ensuring harmony both within the home and in the larger community. Here are some signs that your arguments with your partner might be unhealthy. Constant blame When disagreements

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The legacy of Kato Lubwama: A journey of art and identity

The legacy of Kato Lubwama: A journey of art and identity

Conrad Saabwe Lubwama, born on June 6, 1998, carries the weight of his father’s legacy while etching his path in the creative industry. His father, the late Paul Kato Lubwama, was a multifaceted entertainer whose influence shaped Saabwe's childhood and ignited his passion for the arts.DM b

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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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