Business •
09 Oct '24
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
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
As you journey through the tranquil expanse of Kibale National Park, past picturesque Tooro tea plantations and rows of methodical trees near Fort Portal, an equally captivating sight welcomes you to the Tourism City. The 110-year-old Tooro Golf Club (TGC) lies on your right as you enter
Business •
08 Oct '24
Previously, the prisons had more inmates on remand than the convicts serving their various sentences. But the trajectory has in the recent past since changed with now the convicts being more than those on remand. Statistics obtained from the Prisons show that there are 41,065 convicts, w
Business •
07 Oct '24
As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow manages to look both formal and effortlessly cool. It’s a Sunday morning. Time check: 10.20 am. He pauses, scanning the r
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 •
04 Oct '24
The encounters that Justin Bieber had with the music industry were not easy. His wish to protect younger musicians like
Business •
02 Oct '24
MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex
Business •
01 Oct '24
Tamale Mirundi Junior, son of the late controversial political analyst Tamale Mirundi, has been disowned by his clan following a fallout over a family decision to apologize to the Buganda Kingdom.The apology stems
Business •
01 Oct '24
Naguru Police Barracks was the scene of a tragic incident on the night of September 29, 2024, when Police Constable Alex Adei, a member of the Counter-Terrorism Tactical Unit, allegedly shot and killed his wife, Barbra Apia.