Business •
26 Sep '24
Moses Lokiru, Moroto – The Government of Uganda has suffered a significant financial loss due to the failure of stone dealers in Karamoja to remit royalties. Investigations have revealed that over Shs 1 billion was diverted to individuals within the police mineral protection unit deployed in the r
Business •
25 Sep '24
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
Business •
24 Sep '24
A group of South Sudanese lawyers filed a case to the country's top court on Monday challenging the president's postponement of elections and extension of the transitional government's term for two years. Ten days ago, President Salva Kiir's office announced an extension of the transitio
Business •
24 Sep '24
Movement on the Kampala-Gulu highway was on Monday paralysed following the total closure of Karuma Bridge that links northern Uganda, South Sudan and DR Congo. The government closed the defective 61-year-old bridge to pave the way for its reconstruction, which is expected to take three m
Business •
24 Sep '24
Travellers have been forced to endure long queues at Masindi Port in Western Uganda as they jostle to catch ferries to the countryâs capital Kampala following the total closure of Karuma Bridge currently under repair. The situation has been exacerbated by the recent flooding of the N
Business •
24 Sep '24
The leadership of the Forum for Democratic Change (FDC) Katonga faction on Monday visited the Electoral Commission (EC) offices in Namuwongo, demanding registration forms to begin the process of registering their new party, the People’s Front for Freedom (PFF). The faction had written
Business •
24 Sep '24
Resty Namata began her career at Kiteezi Landfill as a sorter earning about Shs7,000, and eventually advanced to a picker, earning at least Shs10,000 daily. But more than half of the workers are women, who turn to this refuge to cope with socio-economic challenges."We are 600 women out of ab
Business •
24 Sep '24
Across the continent, in the past few months, Gen Z; those born between 1996 and 2010, according to McKinsey & Company, are increasingly becoming a voice to reckon with. Unlike generations past, they refuse to remain unheard and mobilise each other to place their demands. Raised in the f
Business •
24 Sep '24
In a recent revelation, an email obtained by The Times-Dispatch shows that a manager in Richmond's Department of Finance directed an employee not to include information on tax overpayments in reports used to review taxpayer accounts. This decision has negatively impacted local business owners, leavi
Business •
24 Sep '24
In a world where pumpkin spice lattes reign supreme, it's easy to see why this flavor has become a billion-dollar empire. From its origins to its unforgettable scent, let's delve into the secrets behind pumpkin spice's massive success.Recreating the Triumph of Peppermint Mocha Starbucks' ico