Business •
17 Oct '24
The Stanbic Purchasing Managersâ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September. However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio
Business •
17 Oct '24
A devastating head-on collision between an Omnibus taxi and a Fuso truck on the Gulu-Kampala Highway in Luweero District on Wednesday claimed six lives and left five others seriously injured. The victims were identified as Rogers Mfitukiza, Charles Opirisa, Ephraim Mugerwa, Joshua Ebong,
Business •
17 Oct '24
Former One Direction singer Liam Payne was found dead outside a hotel in Buenos Aires after the 31-year-old fell from his third-floor room balcony, Argentine police said on Wednesday. In a statement, the capital police said they were called to the hotel in the capital's leafy Palermo nei
Business •
17 Oct '24
James Bright has been a long-distance driver since 1997. Over time, he has observed that neglecting unusual sounds in a car is one of the poor car maintenance habits that gradually reduce the lifespan of the vehicle. "An unusual sound, even if the car is still moving, could end up causin
Business •
17 Oct '24
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj
Business •
17 Oct '24
The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has dismissed a Bill that seeks to provide for the election of the LoP. The proposals are contained in the Administration of Parliament (Amendment) Bill, 2024 that was moved by Mityana South County Member of Parliament (MP)
Business •
17 Oct '24
Confusion. Panic. And helplessness. That is the state of affairs the Uganda Export Promotion Board (UEPB) now finds itself in after being merged with the Uganda Free Zones Authority into one entity called the Uganda Free Zones and Export Promotions Authority. For nearly three weeks now,
Business •
17 Oct '24
The number of people who died in traffic incidents in Uganda rose by more than 10 percent in the past decade, despite global road traffic deaths falling by five percent per the World Health Organisation (WHO). Uganda Police Force statistics attributed nearly 45 percent of deaths caused b
Business •
16 Oct '24
Sean "Diddy" Combs was confronted with six new sexual abuse lawsuits on Monday, including one accusing the rap mogul of assaulting a minor. The civil lawsuits were filed a month after Combs was criminally charged for what prosecutors describe as a long-running scheme of sex trafficking a
Business •
16 Oct '24
Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju