Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last
A Sinotruk carrying sand gets stuck on a muddy road, one of the feeder roads in a deplorable state in Kasanje, Wakiso District. Despite collecting over UGX 460 million in taxes, the community says service delivery remains poor.Kasanje, Wakiso District: Kasanje, a mid-size place located in
Rot In Health Ministry: Parliament Exposes 18yr Scandal In Donor-Funded ProjectsThe Ministry of Health has come under renewed fire in Parliament over a string of stalled, donor-funded projects some delayed for nearly two decades raising fears that the newly proposed cancer centres in Arua
South Sudanese diplomatic staff say their country’s embassy in Nairobi has been closed due to the government’s failure to pay rent for several months.Speaking to Radio Tamazuj on Saturday on condition of anonymity, several embassy staff confirmed that South Sudan’s embassy in Kenya w
Despite years of progress in the fight against HIV, the epidemic in Uganda continues to wear skirts and dresses. National data shows that out of an estimated 1.5 million Ugandans living with HIV today, nearly two-thirds are women and girls.Among young people aged 15 to 24, about seven in e
What was hailed as Uganda’s “clean transport revolution” is fast turning into a national outrage.When President Yoweri Museveni launched Spiro Uganda in July 2024, the promise sounded golden — cheap, green, and smart transport for the ordinary rider. But barely a year into its oper
Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation
If you’ve built a net worth of a million dollars or more, you know that it takes hard work and sacrifice to get there. And while being intentional and frugal with your money is a part of the equation, once you have money in the bank, there are some luxury purchases you can afford that make life
Moving around several areas in Kampala with the onset of the rainy season has become very troublesome because of the ongoing road construction works. From Bwaise in Kawempe to Gaddafi Road in Old Kampala, and several other parts of the city, road projects are underway.While constructing ro
Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local economic shifts. Cross-border investing offers access to industries, currencies and growth stories that aren’t always available at home. However, it also requires a clear u
