Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms. The move creates a new dimension, in which assets under management - especially by ins
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
Addressing deforestation has become critical in a world grappling with climate change, biodiversity loss, and ecosystem collapse. The European Union (EU) has responded to this challenge with the European Union Deforestation Regulation (EUDR), an ambitious policy designed to curb global defor
At the conclusion of the Climate Summit Conference of Parties (COP) 28 in Dubai, United Arab Emirates (UAE), in December 2023, member states committed to rapidly decarbonising their energy systems to keep global warming within the 1.5°C threshold. This requires accelerating the clean energy
The United Nations peacekeeping mission in the Democratic Republic of Congo, Monusco, will not exit the country by December 2024. UN Undersecretary-General for Peacekeeping Operations Jean-Pierre Lacroix, who visited the Congo this weekend, said that December 31, 2024, which was supposed
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good
The Uganda Allied Health Examinations Board (UAHEB) has noted an overall improvement in the performance of candidates in the June 2024 final exams. While presenting the 16th series of final semester examination results at the UAHEB office in Kyambogo, Kampala, yesterday, the board’s ex
The prince (Issabalangira) of Bugabula chiefdom in Busoga Kingdom, Mr Moses Woira Mitala Kitimbo, has urged coffee farmers in Kamuli District to embrace the ongoing coffee registration exercise, which seeks to comply with European Union guidelines on exports. Uganda has up to December 30
In exciting news for Grand Theft Auto enthusiasts, the highly anticipated sixth installment, GTA 6, is officially scheduled for release in autumn 2025.Take-Two Interactive , the publisher, has reiterated its commitment to launching GTA 6 in mid-late 2025, according to a recent Securities and Exchang
A new climate report has shown that Uganda has been steadily warming for the past 40 years to date. The report released by the Uganda National Meteorological Authority (UNMA) looks at Uganda’s climate from 1950-2023, where Uganda has been warming at the rate of around 2.6 degrees Celsi
