Business •
25 Sep '24
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
Business •
25 Sep '24
The Kiteezi landfill tragedy is a few days shy of a two-months anniversary. The grief is still too raw for survivors and bereaved families. The gut-wrenching calamity befell residents of Kiteezi in Wakiso District on August 10, claiming the lives of more than 35 people and destroying pro
Business •
24 Sep '24
The Deputy Speaker of Parliament, Mr Thomas Tayebwa, has commended the government of China for contributing to the development of Uganda. Mr Tayebwa said the two countries have continued to enjoy and consolidate the good relations in diverse fields, including political, technical, invest
Business •
20 Sep '24
“When I planted these crops, I never expected the rain would disrupt us; it usually doesn’t. This time, however, the rains were excessive, and my nearly ready crops were submerged by floods,” said Mr Patrick Toko, a resident of Okubani village, Ariwa Sub-county, Yumbe District. Tok
Business •
18 Sep '24
Tanzania has been ranked first in Eastern, Southern and Central Africa for its leadership in cybersecurity, according to the 2024 Global Cyber Security Index (GCI). The East African country scored 100 percent across all five cybersecurity pillars that include legal, technical, organisati
Business •
17 Sep '24
The year 2023 was confirmed as the warmest on record, with the average global temperature reaching 1.45°C, according to a World Meteorological Organisation (WMO) report. This alarming increase in global warming is largely attributed to human-induced climate change, further exacerbated
Business •
17 Sep '24
There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium contentâs pricing for DStv and GOtv once again as it struggles to balance its costs with the fast-shrinking market. The price increments average 3
Business •
16 Sep '24
Deforestation in Africaâs montane forests is driving a sharper rise in temperatures and cloud levels than climate change alone, endangering water resources in these critical ecosystems that supply millions across the continent, new research has shown.
Business •
15 Sep '24
The Uganda Communications Commission (UCC) recently announced plans to migrate all FM radio stations from analog to digital broadcasting.This transition is part of a broader effort to modernise the country’s media landscape and enhance the quality of radio services.While the benef
Business •
13 Sep '24
About 100 children, who were victims of the Kiteezi landfill garbage collapse that killed over 35 people, are still stranded with no basics and fees with the final third term few days away, authorities have said.A