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Kampala Banker Risks Paying UGX 100 Million for Missing Bail Suspect

Kampala Banker Risks Paying UGX 100 Million for Missing Bail Suspect

A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons

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Foreign reserves fall to all time low

Foreign reserves fall to all time low

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

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Green Finance: Uganda's farming lifeline

Green Finance: Uganda's farming lifeline

Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi

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Experts want climate change campaigns to include agriculture

Experts want climate change campaigns to include agriculture

As the world faces the rising effects of climate change, there is an urgent need to rally the population and governments towards promoting environmentally friendly farming practices (agroecology). The challenge is pressing in developing countries, where industrial agriculture characteris

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Kadaga tasks health ministry to empower regional hospitals

Kadaga tasks health ministry to empower regional hospitals

The First Deputy Prime Minister and minister for East African Community (EAC) Affairs, Ms Rebecca Kadaga, has tasked the Ministry of Health to empower regional referral hospitals to offer specialised medical services rather than having patients referred to Mulago National Hospital in Kamp

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How mismatched data plagued Uganda's 2024 census report

How mismatched data plagued Uganda's 2024 census report

Following the release of contradicting figures in the 2024 National Housing and Population Census by the Uganda Bureau of Statistics (Ubos) last Thursday, the Monitor now traces how the errors could have come about. In an interview, Mr Vincent Ssennono, the principal statistician and the

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Prison bans visits as Nakasongola mpox cases hit 24

Prison bans visits as Nakasongola mpox cases hit 24

Mpox cases have hit 24 in Nakasongola, up from 18 reported on October 3, prompting the district authorities to ban prison visits. The district accounts for nearly half of the country’s Mpox case load since the disease was confirmed on July 24. “The mode of spread is largely by co

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Economy still faces several risks, says BoU

Economy still faces several risks, says BoU

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

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DR Congo accuses Rwanda of creating obstacles in talks to ease M23 conflict

DR Congo accuses Rwanda of creating obstacles in talks to ease M23 conflict

Democratic Republic of Congo has accused Rwanda of creating obstacles in ongoing negotiations to resolve the M23 rebel conflict in eastern Congo that has displaced more than 1.7 million people. The comments by Congolese Foreign Minister Therese Kayikwamba Wagner to the U.N. Security Coun

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Taylor Swift is now the world's richest female musician: Here's who she surpassed

Taylor Swift is now the world's richest female musician: Here's who she surpassed

FILE - Taylor Swift attends the 2024 MTV Video Music Awards at UBS Arena on Sept. 11, 2024, in Elmont, New York. (Photo by Dimitrios Kambouris/Getty Images)NEW YORK - 

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