Business •
08 Oct '24
The Opposition Forum for Democratic Change (FDC) has rubbished the recently released 2024 National Population and Housing Census report, calling for a repeat of the entire exercise. The party deputy secretary for publicity, Mr Warid Lubega Mulindwa, said the report released by Uganda Bur
Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Business •
08 Oct '24
It was 9pm and lots of people were still stuck in the long queues both at the VIP area and the general gate at Cricket Oval Lugogo on Friday evening trying to get access to Sheebah’s Neyanziza show. Some had tickets while others wanted to buy at the gate. The police and several bounc
Business •
08 Oct '24
Rwanda has overtaken Kenya as Ugandaâs biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine months to September, Rwanda took 35.3 percent or 39.3 tonnes of sugar out of the 111.1 tonnes Uganda exported to the EAC Common
Business •
08 Oct '24
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the
Business •
07 Oct '24
Transitioning from a corporate job to self-employment is bold and challenging. Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t
Business •
07 Oct '24
As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow manages to look both formal and effortlessly cool. It’s a Sunday morning. Time check: 10.20 am. He pauses, scanning the r
Business •
06 Oct '24
With the emergence of Artificial Intelligence (AI) technology, young people have been urged not to let AI diminish their capacity for innovation and creativity, but rather to use it to enhance their abilities. Mr Ibrahim Kayongo, Quality Manager at Tecno Uganda, emphasized that while AI
Business •
04 Oct '24
Uganda is seeking funds to build three hydropower plants that would add over 1,600 megawatts (MW) of capacity to help meet rising power demand, an energy official said on Wednesday. The East African country has identified three potential sites on the Nile river, the biggest of which is t
Business •
04 Oct '24
At least 78 people drowned when a boat carrying 278 passengers capsized in Lake Kivu in eastern Democratic Republic of Congo on Thursday, a provincial governor said. Relatives sobbed on shore as victims were placed in body bags and carried away, a Reuters witness said, and video footag