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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

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SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives

SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives

Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community. The event held at Tuzza Hotel in Bushenyi brought together over 100 leaders from across the West Ankole Region,

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Digital transformation is a catalyst for business growth

Digital transformation is a catalyst for business growth

Last month, I had the pleasure of attending the MTN ICT Expo at Mestil Hotel in Kampala. This event was an incredible gathering of customers, experts, and thought leaders, all exploring how digital transformation is shaping various sectors like health, education, banking, ICT, and even the p

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Busoga records 11 cases of breast cancer among men

Busoga records 11 cases of breast cancer among men

About eleven men have breast cancer in Busoga Sub-region, according to Rays of Hope Hospice Jinja (RHHJ), the only specialised palliative care provider in Busoga Sub-region and parts of Buganda. Palliative care provides holistic relief from symptoms and stress of serious life-limiting i

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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

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Accident: Another Hospital Ambulance Carrying A Very Sick Person Caught Stuck In Muddy Road

Accident: Another Hospital Ambulance Carrying A Very Sick Person Caught Stuck In Muddy Road

An ambulance belonging to the Ministry of Health, Reg. No. UG 6738M, now sits helplessly trapped in a drainage channel along the bustling Mukwano Road.According to Daily Monitor, the vehicle, once a beacon of emer

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Samuel L Jackson was worried about ‘staying alive’ long enough to make nine Marvel movies

Samuel L Jackson was worried about ‘staying alive’ long enough to make nine Marvel movies

The actor has appeared in 10 Marvel movies in totalYour support helps us to tell the storyOur mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth.Whether $5 or $50, every contribution co

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Israel pounds Lebanon, pressuring Hezbollah after killing its leader

Israel pounds Lebanon, pressuring Hezbollah after killing its leader

 Israel said it bombed Houthi targets in Yemen on Sunday, expanding its confrontation with Iran's allies in the region after killing the Hezbollah leader Sayyed Hassan Nasrallah on Friday in an escalating conflict in Lebanon. The airstrikes on Yemen's port of Hodeidah were in response t

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The unending struggles of KCCA leadership

The unending struggles of KCCA leadership

First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA).  After, Erias Lukwago, the City Lord Mayor, went lyrical, singing his heart out after the exit of his biggest nemesis at the City Hall. When M

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What's behind the war that has driven Sudan to famine?

What's behind the war that has driven Sudan to famine?

A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one area in Darfur into famine. WHAT TRIGGERED THE VIOLENCE? Tensions had been building for months before fighting betw

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