Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
Anselm Kyaligonza joined by the community during the launch of the deep borehole at Kiruli-Kibura in Kigumba sub countyKiryandongo, Uganda: Kiryandongo District authorities have launched the drilling of deep boreholes and construction of production wells worth Shs477.5 million as part of a
Kampala– Government through the Ministry of Trade, Industry and Cooperatives together with the sugar millers in Busoga region have set UGX 125,000 as the minimum price of a ton of sugarcane in the region. This follows an outcry from some sugarcane out-growers in Busoga who have taking home as l
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed
Cotton farmers in Kasese District have raised fresh concerns over climate change and falling market prices, warning that the twin challenges are threatening the survival of one of the region's once most reliable cash crops.Farmers say prolonged dry spells
Singer Daxx Kartel has been left counting losses after police stormed his concert venue and cancelled the show just minutes before he was set to perform.Musician Daxx Kartel is yet to recover from the heavy losses he suffered after police abruptly cance
Shock and disbelief have engulfed the family of veteran UPC titan Dr. James William Rwanyarare after it emerged that a staggering Sh2.2 billion vanished from his bank account while he lay mentally ill and incapacitated at Nakasero Hospital.Family insiders
KAMPALA: The High Court in Kampala has dismissed a bid by Misbahu Din Muslim Community Limited and Hanifa Nabuuma to overturn directives issued by the State Minister for Lands Sam Mayanja regarding two prime plots in Naguru, ruling that the challenge was filed prematurely and was not amenable to
Januworry hits hard when December’s early payday meets festive overspending, but with a few simple habits, you can avoid the five-week squeeze.Holiday cheer fades fast, your expenses don't. Keep a weekly spending cap and resist the urge to spend more just because you earned more. Image:
