Business •
21 Oct '24
Mobile phone subscribers in Uganda are now spending an average of Shs13,365 per month on mobile phone services, according to a report by Uganda Communications Commission (UCC). The report, which reviews the quarterly performance of the telecommunication sector, indicates that the average
Business •
21 Oct '24
As the country gears up for the 2026 General Election, the Electoral Commission (EC) has announced more than 13,000 job slots. The job call issued last Wednesday seeks to recruit 2,300 sub-county election officers and 10,717 to oversee the exercise countrywide. The general election i
Business •
11 Oct '24
Time check, 10:36am, presiding Judge Isaac Muwata walks into the courtroom. Court clerk calls for Henry Katanga murder file. Assistant Director of Public Prosecution (DPP) Samali Wakooli: My lord, the assessors are all in the court, and the accused are also present in court with A1 (
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 •
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 •
27 Sep '24
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
Business •
23 Sep '24
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
Business •
18 Sep '24
On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offloading briquettes made from bamboo trees. The workers are under Divine Bamboo Group Ltd founded by Ms Divine Nabaweesi.
Business •
16 Sep '24
A colleague at work cannot go a day without drinking soda. Despite being warned about the health risks, he insists that nobody can come between him and his soda. Hopefully, after reading this article, he will reconsider his stance.
Business •
16 Sep '24
According to the National Emergency Coordination and Operations Centre (NECOC), a loose outfit for disaster risk monitoring and profiling, in the Office of Prime Minister (OPM), large swathes of the Mt Elgon ranges are uninhabitable owing to susceptibility to a