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From corporate to self -employment

From corporate to self -employment

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

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Tunisia elections: President Saied towards landslide win

Tunisia elections: President Saied towards landslide win

Supporters of current Tunisian President Kais Saied began celebrations in the capital on Sunday night after an exit poll broadcast on state television showed him winning, beating two rivals, one of whom is now in prison Saied on Sunday faced two election rivals: his former ally turned cr

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Israel bombs Lebanon, Gaza ahead of one-year anniversary of October 7 Hamas attacks

Israel bombs Lebanon, Gaza ahead of one-year anniversary of October 7 Hamas attacks

Israel bombed targets in Lebanon and the Gaza Strip on Sunday ahead of the one-year anniversary of the Oct. 7 attacks that sparked its war, as Israel's defence minister declared all options were open for retaliation against arch-enemy Iran. Hezbollah rockets launched late on Sunday got p

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NUP, Lukwago to fight over the Lord Mayor’s seat

NUP, Lukwago to fight over the Lord Mayor’s seat

Kampala Lord Mayor Erias Lukwago recently sent a clear warning to Kampala Capital City Authority (KCCA) councillors that they stand no chance in a fight against him.  “The path they have taken is a dangerous one. If they want to fight me, they should know they can’t win that

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How Karuma closure disrupts supply chain

How Karuma closure disrupts supply chain

At about 5.45am, Lawrence Waka drives his delivery van—a Probox—from Kamdini Town centre to Atura Landing Site. It is at this former ferry docking site, located 12km away from Kamdini, where Waka picks newspaper copies and courier packages for circulation. Since being assigned th

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Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim

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Some EFC, Mercantile depositors yet to pick their money, says DPF 

Some EFC, Mercantile depositors yet to pick their money, says DPF 

The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arrangements to enable the Fund to pay their protected deposit up to the limit of Shs10m.   Speaking during the Makere

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Ugandans living longer - census report

Ugandans living longer - census report

The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate

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High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

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Reduction in milk production causes butter scarcity 

Reduction in milk production causes butter scarcity 

A reduction in milk volumes by about 3.5 million litres per day has impacted key dairy by-products, among them butter production, according to stakeholders in both the dairy and supermarket value chains. Several supermarkets and consumers across Kampala have reported a shortage in butter

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