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
As Uganda marks 62 years of flag Independence today, the vibrant civic society we once hoped would shape our shared life after the Union Jack was lowered remains elusive to this day. The answer to a seemingly simple question, that is: who exactly are we, is not quite forthcoming. Often
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
How old were you in 1962? I was 14 and I was very lucky because I happened to have been raised in Katwe (a suburb in Kampala), so I walked to Kololo Airstrip where the Union Jack was to be lowered for the last time in Uganda at midnight. Everybody was excited. I witnessed the arrival
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Government has tasked Enterprise Uganda to drive mindset change among Parish Development Model (PDM) beneficiaries to maximise benefits in the programme that has been ongoing for about three years. Speaking on the sidelines of a week-long training for PDM beneficiaries in the Teso sub-re
Rwanda has overtaken Kenya as Ugandaâs biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine months to September, Rwanda took 35.3 percent or 39.3 tonnes of sugar out of the 111.1 tonnes Uganda exported to the EAC Common
The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment. Speaking duri
The National Banana Research Programme (NBRP) under National Agricultural Research Organisation (Naro) situated at Kawanda is working with private processors of products from banana to discover the most practical banana-based products for mass production in Uganda. Various prototypes of
Embattled Kenyan Deputy President (DP) Rigathi Gachagua on Thursday made a last-ditch attempt to block an impeachment vote against him in the National Assembly, with more than 10 petitions filed in different courts challenging the process. Members of Parliament are next Tuesday expected
