Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
The government yesterday dispatched 776 pieces of equipment comprising 556 solar direct drive refrigerators and 220 electric refrigerators to districts to ensure safe storage of vaccines in rural health facilities. This initiative, the Health Ministry and Unicef say, is critical in addre
Black Friday in developed economies such as the United States has since become a calendar event in several countries across the globe, especially Africa. This year it will kick off November 29, unofficially marking the start of the Christmas shopping season not only in the United State
Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (
Coffee farmers in Bukomansimbi District are reaping big and savouring the fruits of labour from growing the brown beans. The farmers are now happy owners of gleaming houses and sleek cars while their children have guaranteed access to good schools that were once out of reach for most of
Several businesspeople in Kigogwa Town are counting losses after a fuel tanker exploded at a trading centre on Tuesday. The northbound tanker overturned before bursting into flames that engulfed the area, destroying several shops that included hardware, stationery, salons, and eateries,
A teenager who died while trying to rescue children who were caught up in the Kigogwa fuel tanker blaze has been described as selfless. Joseph Muwonge, 19, chose not to run away from the inferno on Tuesday evening as five children caught in the crosshairs cried out for help. The childr
At least 10 bodies had by Tuesday evening been recovered from the scene of a fuel tanker explosion at Kigogwa Town on Kampala-Bombo road in Wakiso District. Another person is said to have died at Kiruddu Referral Hospital where several of those who sustained severe burns were rushed for
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec
Uganda Civil Aviation Authority (UCAA) has increased car parking charges at Entebbe International Airport. The new charges will take effect next month, November 1. “In a bid to enhance ongoing efforts for investment in upgrading facilities for a better passenger experience, revised car
