Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju
Deputy Speaker of Parliament Thomas Tayebwa has said government has already contracted China Railway Number 3 Group to design and build key infrastructure in the Sino-Uganda Mbale Industrial Park. The 619-acre park, which was commissioned in 2018, currently grosses an investment portfoli
Wooden houses can position Uganda for a sustainable future by addressing the housing crisis through cost-effective, eco-friendly construction, reducing carbon emissions, and promoting responsible timber sourcing. Modern wooden construction is revolutionising the housing market as a sus
Over 130,000 residents who have been living in fear of eviction for more than 30 years after allegedly illegally occupying land belonging to Kyaka I refugee settlement in Kyaka South County, Kyegegwa District, feel relieved after President Museveni on Saturday rescinded his earlier decision
A presidential assistant and four clerical staff in the Office of the President are being held for questioning as part of a wider investigation into alleged corruption at State House and the Office of the President. Monitor could not readily identify the clerical staff who are being held
The Uganda Railway Corporation (URC) has relaunched its passenger train services on the Kampala-Namanve route, which had been previously halted due to safety concerns. As of October 9, the train will now extend its services beyond Namanve to Mukono, reducing tra
Before starting Crane Cargo, a transport and delivery company based in Boston, Massachusetts, USA, in 2019, Mr Anthony Balagadde accumulated eight years of experience as an operations manager in the US-side transportation and logistics industry. It helped a great deal that several peop
Cnooc Uganda Ltd has revealed that the development of the Kingfisher Field Development Area (KFDA) is in the advanced stage, ahead of the first commercial oil production in the last quarter of 2025. The KDFA, expected to have a maximum production of 40,000 barrels of oil per day for five
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an
Residents in Kayunga District have been urged to enjoy the country’s independence while working hard to achieve financial independence in their homes. Speaking during the Ntenjeru North independence celebrations at Kiwangula C/U Primary School in Busaana Sub-county finance state minist
