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Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

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

Ultimate Uganda

Kiteezi tragedy: Survivors struggle with loss, relocation plans

Kiteezi tragedy: Survivors struggle with loss, relocation plans

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

Ultimate Uganda

Tayebwa lauds China for boosting Uganda’s economy

Tayebwa lauds China for boosting Uganda’s economy

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

Ultimate Uganda

Yumbe farmers suffer major crop losses due to heavy rains

Yumbe farmers suffer major crop losses due to heavy rains

“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

Ultimate Uganda

Tanzania leads Africa in 2024 global cybersecurity rankings

Tanzania leads Africa in 2024 global cybersecurity rankings

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

Ultimate Uganda

NMG introduces special desk for climate change

NMG introduces special desk for climate change

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

Ultimate Uganda

Outrage as Multichoice increases subscription fees again

Outrage as Multichoice increases subscription fees again

There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium content’s pricing  for DStv and GOtv once again as it struggles to balance its costs with the fast-shrinking market. The price increments average 3

Ultimate Uganda

Africa’s montane forests warm up faster on deforestation, study shows

Africa’s montane forests warm up faster on deforestation, study shows

Deforestation in Africa’s 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.

Ultimate Uganda

On the urgent shift to digital broadcasting in Uganda

On the urgent shift to digital broadcasting in Uganda

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

Ultimate Uganda

About 100 school-going children stranded after Kiteezi disaster

About 100 school-going children stranded after Kiteezi disaster

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

Ultimate Uganda