Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Soroti Regional Referral Hospital (SRRH) has successfully prevented 128 babies from contracting HIV/AIDS from their mothers living with the virus. This impressive achievement is attributed to comprehensive care throughout pregnancy, childbirth, and breastfeeding. According to the 2023 re
Business •
11 Oct '24
The Dean of Kamuli Deanery and Parish Priest of Kamuli, Rev Fr Benedict Wakabi Kyumakiyaka, has explained why the number of Catholics in the country reduced over the past 10 years, according to the released Uganda National Population and Housing Census 2024 main census report. The findin
Business •
09 Oct '24
In a developing diplomatic showdown, the United States of America envoy to Uganda, William Popp, is scheduled to meet with President Yoweri Museveni at State House in Entebbe this Thursday.The meeting comes in the
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
09 Oct '24
Ms Denise Charity Atwine, a resident of Mende Sub-county in Wakiso District, did a self-breast check in 2018 and found a lump in her right breast. The lump was the size of a pea. She told her friend who had lost a mother due to breast cancer about the lump. Her friend recommended a d
Business •
09 Oct '24
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
Business •
08 Oct '24
In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov
Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Business •
08 Oct '24
Rwanda has overtaken Kenya as Ugandaâs biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine months to September, Rwanda took 35.3 percent or 39.3 tonnes of sugar out of the 111.1 tonnes Uganda exported to the EAC Common