Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
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
Government has tasked Enterprise Uganda to drive mindset change among Parish Development Model (PDM) beneficiaries to maximise benefits in the programme that has been ongoing for about three years. Speaking on the sidelines of a week-long training for PDM beneficiaries in the Teso sub-re
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 •
07 Oct '24
Leaders in Sebei Sub-region have expressed concern that elders, in collusion with village chairpersons, are undermining efforts to combat teenage pregnancies and early marriages by informally settling defilement cases. According to the police, about 60 defilement cases are reported month
Business •
06 Oct '24
When you wake up at 2pm, on the eighth day of your annual leave, having finished all the errands for the day and you are bored, witless of your indoor surroundings, what do you do? You will probably end up at a car wash. Because we all know that the car wash is the best daytime hango
Business •
06 Oct '24
The 2024 census puts Bukedi Sub-region’s population at 2,376,744, with women (1,206,825) outnumbering men (1,169,919). Tororo (609,117), Busia (412,018), Pallisa (330,961), and Butaleja (312,713) are the most populated districts in the sub-region. Other districts include Budaka (281,106),
Business •
04 Oct '24
Convenience and Safety Through Cashless Payments Ugandaâs digital economy transition is accelerated by MTN MoMoâs innovative approach. By collaborating with platforms like School Pay, MTN MoMo has created a seamless payments marketplace where parents can pay school fees from ho
Business •
01 Oct '24
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur
Business •
01 Oct '24
Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel