Business •
04 Oct '24
Uganda is seeking funds to build three hydropower plants that would add over 1,600 megawatts (MW) of capacity to help meet rising power demand, an energy official said on Wednesday. The East African country has identified three potential sites on the Nile river, the biggest of which is t
Business •
04 Oct '24
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
Business •
04 Oct '24
Michelle and Barack wed in 1992 and have two daughtersMichelle and
Business •
04 Oct '24
At least 78 people drowned when a boat carrying 278 passengers capsized in Lake Kivu in eastern Democratic Republic of Congo on Thursday, a provincial governor said. Relatives sobbed on shore as victims were placed in body bags and carried away, a Reuters witness said, and video footag
Business •
04 Oct '24
South Sudan President Salva Kiir Mayardit on Thursday, through a presidential decree, dismissed his long-time intelligence chief and appointed him as the governor of his home state. Lt Gen Akol Khoor, who led the National Security Service’s (NSS) Internal Security Bureau, was replace
Business •
02 Oct '24
SAN FRANCISCO (AP) — Cabrel Ngounou’s life in Cameroon quickly unraveled after neighbors caught the teenager with his boyfriend. A crowd surrounded his boyfriend’s house and beat him. When Ngounou’s family learned of the relationship, they kicked him out. He fled — alone and with little mo
Business •
02 Oct '24
President Museveni has vowed to crack down on exploitative money lenders, who he said take advantage of ignorant and desperate people . The President said his government would push for the enactment of a law to fight the vice. “Money lenders are becoming a problem. They go to our v
Business •
02 Oct '24
KAMPALA, UGANDA – Government of Uganda through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and Uganda Coffee Development Authority has officially launched a nationwide coffee registration exercise aimed at enhancing sustainability, impro
Business •
02 Oct '24
Banyarwanda under their umbrella organization The Uganda Banyarwanda Cultural Development Association (UMUBANO) have today addressed the press at Speke Hotel Kampala where they spit venom over the ongoing injustice against them in Uganda.
Business •
01 Oct '24
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur