Business •
11 Oct '24
Every October 9, Uganda joins the rest of the world to celebrate Post Day. This annual event commemorates the establishment of the Universal Postal Union (UPU) in 1874 in Bern, Switzerland. World Post Day was declared at the UPU Congress in Tokyo, Japan, in 1969, and since then, countrie
Business •
10 Oct '24
The United Kingdom (UK) has announced a significant contribution of up to £1 million (approximately UGX 4.8 billion) to support Uganda's response to the ongoing Mpox outbreak. According to the British High Commission in Kampala, this funding will be channelled through Baylor College o
Business •
09 Oct '24
The Law Development Centre (LDC) has raised concerns over the Administration of Parliament Amendment Bill 2024, introduced by Mityana South MP Richard Lumu. LDC officials warn that if the bill is passed, it may undermine Uganda’s multiparty political system. During a meeting with the legal and par
Business •
09 Oct '24
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. During the inaugural Muslim Women’s Conference, held at Old Kampala Secondary School grounds, Museveni promised to deliver Shs1 billi
Business •
09 Oct '24
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
Business •
09 Oct '24
President Museveni has guaranteed to give Shs 2 billion to the Savings and Credit Cooperative Organisation (SACCO) of the womenâs council affiliated to the Uganda Muslim Supreme Council (UMSC), the governing body of Muslims in the country. The money is geared towards backing the eco
Business •
08 Oct '24
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,
Business •
08 Oct '24
The family of a Ugandan woman who died and was secretly buried in Saudi Arabia where she worked as a domestic maid was yesterday awarded Shs250 million in damages. High Court Justice Boniface Wamala directed Horeb Services Uganda, a labour export firm, and its managing director, Ezra Mug
Business •
07 Oct '24
Leaders in Sebei Sub-region have expressed concern that elders, in collusion with village chairpersons, are undermining efforts to combat teenage pregnancies and early marriages by informally settling defilement cases. According to the police, about 60 defilement cases are reported month
Business •
07 Oct '24
Israel bombed targets in Lebanon and the Gaza Strip on Sunday ahead of the one-year anniversary of the Oct. 7 attacks that sparked its war, as Israel's defence minister declared all options were open for retaliation against arch-enemy Iran. Hezbollah rockets launched late on Sunday got p