Samuel Wakinya, 59, a primary school teacher, embarked on growing Arabica coffee on a large scale in 2004 and has never looked back. Mr Wakinya, a resident of Bushika sub-county in Bududa District, earned Shs60 million from his 10-acre plantation last season. “For us in Bugisu, cof
As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta
On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
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
The Minister for Karamoja Affairs, Mr. Peter Lokeris Aimat, has warned locals in Karamoja to desist from selling land, adding that the land belongs to the people of Karamoja but not to an individual. Mr. Lokeris was speaking on Sunday during a community dialogue to bless the opening of the Ka
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
President Samia Suluhu Hassan will visit China in September for the Forum for China-Africa Cooperation (Focac), where she is expected to sign new loan deals as Tanzania begins to implement a freshly revised foreign policy.According to the Ministry of Fore
How there is an increasing reliance on war and sanctions as the main instruments of Western foreign policyTHE LAST WORD | Andrew M. Mwenda | Western nations are facing a foreign p
Bill Gates may be the world's fifth-richest person, but he doesn't plan to stay that way forever.The Microsoft cofounder said in 2022 that he "will move down and eventually off of the list of the world's richest people" as he
