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
The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba's conduct on social media became a subject of debate on the floor of Parliament on Tuesday as opposition MPs called for disciplinary action and a House probe for engaging in partisan politics. The 50-year-old First Son on Saturda
Previously on The Girl Child Has Seen Days…. The Kyayisewas have decided that they have to fire GC after she threw Edith’s clothes in the garbage. But GC doesn’t know this. She clocked out and went out partying before the news could be delivered. Now it is time to face the boss…Fi
Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87 (Shs3,200) in August. The recent auctions at the Mombasa Tea Auction, closing on September 17, revealed a notable incr
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
Stardew Valley's creator, Eric 'ConcernedApe' Barone, has been diligently working on the highly anticipated 1.6 update for most of the year. The update initially launched on PC in March, drawing in 150,000 eager players back into the beloved game. However, console and mobile players have been patien
"HP Victus 16 RTX 4070 Gaming Laptop Now Under $1,000 - Save $400 on High-End Components "I recently had the opportunity to test out the HP Victus 16 with the RTX 4050 version, but now the RTX 4070 model has taken a significant price drop, making it an even more attractive option for gamers on a bud
The recent drop in oil prices has presented a unique opportunity for governments to boost their revenue through higher gas taxes. The Case for Higher Gas Taxes It's undeniable that fuel taxes have remained stagnant for a considerable amount of time. Advocates for higher gas taxes, including promine
Arsenal took another step forward despite conceding a 98th-minute equaliser in a full-blooded 2-2 draw away to champions Manchester City in the Premier League on Sunday, according to manager Mikel Arteta. The London club played the entire second half with 10 men after Leandro Trossard wa
Hundreds of slum dwellers from Nsoba slum in Kawempe Division thronged Nsoba gardens on September 22 to get lunch, a meal that is considered a luxury by most urban poor. By 8am, families that were mobilized by local authorities had already settled at the venue where food was to be
