The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
Over a year ago we reported on what we called the “new Ugandan tribes”, good people who have formed social, cultural, economic, and philosophical communities around a set of experiences, values, and organising that didn’t exist in strong ways until about 10 years ago. Or they could be
Previously on The Girl Child Has Seen Days…. The Kyayisewas have decided that they have to fire GC after she threw Edith’s clothes in the garbage. But GC doesn’t know this. She clocked out and went out partying before the news could be delivered. Now it is time to face the boss…Fi
The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea
With the beginning of the third term a couple of weeks ago, the pressure to deliver results for the learners, teachers and even parents is at an all-time high. This is a promotional term and for all and for primary seven, Senior Four and Senior Six students is the term that national exams wi
The Daily Monitor story about the plight of a two-year-old toddler, who was defiled by her 18-year-old uncle, has attracted more support after well-wishers who read the article came out to help her get medical attention. The September 18 story, under the headline, âMagistrate halts
Travellers have been forced to endure long queues at Masindi Port in Western Uganda as they jostle to catch ferries to the countryâs capital Kampala following the total closure of Karuma Bridge currently under repair. The situation has been exacerbated by the recent flooding of the N
Iganga-based Busoga University is conducting lectures despite the revocation of its licence seven years ago, Daily Monitor has learnt. The University, which was founded in 1999, had its licence revoked in 2017 by the National Council for Higher Education (NCHE) for allegedly lacking qu
Moses Lokiru, Moroto – The mineral inspector of Karamoja, Mr. Gerald Eneku, is currently facing intense threats to his life from police officers attached to the mineral unit in Karamoja. On Sunday, Mr. Eneku narrowly escaped an assassination attempt by disgruntled mineral police officers wh
In a recent revelation, an email obtained by The Times-Dispatch shows that a manager in Richmond's Department of Finance directed an employee not to include information on tax overpayments in reports used to review taxpayer accounts. This decision has negatively impacted local business owners, leavi
