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Ugandans living longer - census report

Ugandans living longer - census report

The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate

Ultimate Uganda

High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

Ultimate Uganda

Reduction in milk production causes butter scarcity 

Reduction in milk production causes butter scarcity 

A reduction in milk volumes by about 3.5 million litres per day has impacted key dairy by-products, among them butter production, according to stakeholders in both the dairy and supermarket value chains. Several supermarkets and consumers across Kampala have reported a shortage in butter

Ultimate Uganda

4 policemen receive Shs5m bribe to free defilement suspect

4 policemen receive Shs5m bribe to free defilement suspect

Four police officers attached to Lolwe Police Station in Bukhooli Islands, Namayingo District are being investigated after a pastor who was being held on allegations of aggravated defilement escaped from custody on September 29. Pastor Jimmy Masette, 42, of Vision Way of Truth Church at

Ultimate Uganda

Judge refers Akamba's human rights case to constitutional court

Judge refers Akamba's human rights case to constitutional court

The High Court in Kampala has referred a human rights application that was filed by Busiki County, Namutumba Member of Parliament Paul Akamba to the Constitutional Court for determination. In his application, Mr Akamba who is accused of seeking for 20% kickback from the chairperson of U

Ultimate Uganda

Strength training is key for overall health

Strength training is key for overall health

If you had to choose between a food voucher that provides you with a three-month nutrition plan and free access to a state-of-the-art gym for three months, what would you choose? I have a feeling that many people would go for the nutrition voucher. The thought of going to the gym can be quit

Ultimate Uganda

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

Ultimate Uganda

Uganda unveils 600MW Karuma Hydropower Plant

Uganda unveils 600MW Karuma Hydropower Plant

A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B

Ultimate Uganda

Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv

Ultimate Uganda

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