Business •
09 Oct '24
The National Resistance Movement (NRM) has officially kicked off its primary campaigns for the Kisoro District Woman Member of Parliament by-election, which is set to replace the late Sarah Mateke, the former State Minister for Defence and Veteran Affairs. The by-election has drawn significant inter
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 •
07 Oct '24
Transitioning from a corporate job to self-employment is bold and challenging. Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t
Business •
06 Oct '24
With the emergence of Artificial Intelligence (AI) technology, young people have been urged not to let AI diminish their capacity for innovation and creativity, but rather to use it to enhance their abilities. Mr Ibrahim Kayongo, Quality Manager at Tecno Uganda, emphasized that while AI
Business •
06 Oct '24
Imagine a bunch of nerds in the 1960s, sitting around thinking: “Hey, what if we could send messages between these things called computers instead of just passing notes in class?” They proceed to further think: “Let’s make these machines talk to each other so we don’t have to!" And
Business •
04 Oct '24
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann
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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
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02 Oct '24
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community.
The event held at Tuzza Hotel in Bushenyi brought together over 100 leaders from across the West Ankole Region,
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02 Oct '24
Kazo District is experiencing a transformative period as efforts to uplift its people from a subsistence economy to a money economy gain momentum.
In her latest statement, Hon. Jennifer Muheesi highlighted key initiatives aimed at improving livelihoods, with a special focus on coffee farming
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