Business •
16 Oct '24
The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin
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 •
09 Oct '24
As the festive season approaches, many homeowners find themselves preoccupied with various ways to refresh their homes, even when everything is still perfectly functional. Ronald Atwine, a civil engineer and managing director of SandBolt Limited, highlights a significant issue; many homeowne
Business •
06 Oct '24
Imagine a bunch of nerds in the 1960s, sitting around thinking: “Hey, what if we could send messages between these things called computers instead of just passing notes in class?” They proceed to further think: “Let’s make these machines talk to each other so we don’t have to!" And
Business •
02 Oct '24
The first three aircraft manufactured in Tanzania, known as the Skyleader 600, have officially begun operations both domestically and beyond. This significant milestone was announced by the Director of Airplanes Africa Limited (AAL), Mr David Grolig, following the arrival of the first Sk
Business •
30 Sep '24
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
Business •
27 Sep '24
The battle lines have been drawn in the sand, and there is no turning back now as desperate KCCA and Kitara gear up for an epic clash on Friday at Lugogo. With both sides faltering in their previous outings, the mind games are already swirling ahead of what promises to be a fierce con
Business •
23 Sep '24
From exclusive craft beer to fun-filled activities , McKinney is gearing up for its 17th annual Oktoberfest festival this weekend. The event promises a unique cultural experience in the historic downtown setting with thousands of attendees expected to join the festivities. Here's a guide to help y
Business •
23 Sep '24
The recent drop in oil prices has presented a unique opportunity for governments to boost their revenue through higher gas taxes. The Case for Higher Gas Taxes It's undeniable that fuel taxes have remained stagnant for a considerable amount of time. Advocates for higher gas taxes, including promine
Business •
19 Sep '24
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