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MTN Uganda Set to Increase Dividend Payouts for Investors

MTN Uganda Set to Increase Dividend Payouts for Investors

(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f

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US election: What Kamala or Trump win means for rule of law

US election: What Kamala or Trump win means for rule of law

The United States of America today closes elections to pick its president for the next four years. Although millions of voters have voted early, millions more will vote in person today. The two contenders are, Republican Party candidate Donald Trump, a former president who was defeat

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Key issues for voters in closest US presidential election

Key issues for voters in closest US presidential election

As Americans vote for their next president on Tuesday, the usual dividing line is often that of the party: Democrat vs Republican. But there are other issues that could play a decisive role in the mind of voters to choose between Vice President Kamala Harris and former President Donald T

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Jinja Hospital puts down part of Shs340m wall for Muslims to access cemetery

Jinja Hospital puts down part of Shs340m wall for Muslims to access cemetery

Muslims in Jinja City have started accessing the cemetery after a section of a perimeter wall constructed for Jinja Regional Referral Hospital (JRRH) by the Engineering Brigade of the Uganda People’s Defence Forces (UPDF) was razed down on October 29. The development follows a Monday

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Kisubi Mapeera school dreams big as it turns 25

Kisubi Mapeera school dreams big as it turns 25

Kisubi Mapeera Senior Secondary School is one of the best schools in Wakiso District, known for its academic success and holistic development, thanks to the unwavering leadership of Joseph Ddamulira Kawuma. DM bodytext: Over the past 20 years, he has transformed a fledgling institution, whic

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Kisubi Mapeera school dreams big as it turns 25

Kisubi Mapeera school dreams big as it turns 25

Kisubi Mapeera Senior Secondary School is one of the best schools in Wakiso District, known for its academic success and holistic development, thanks to the unwavering leadership of Joseph Ddamulira Kawuma. DM bodytext: Over the past 20 years, he has transformed a fledgling institution, whic

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Businesses report improved business environment despite rising input costs 

Businesses report improved business environment despite rising input costs 

The Stanbic Purchasing Managers’ 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

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Insurance half year premiums grow by Shs104b

Insurance half year premiums grow by Shs104b

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

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Atiak Sugar Factory: Billions spent, no production

Atiak Sugar Factory: Billions spent, no production

When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”.  More than a decade since its inception in 2013, Atiak Sugar Factory con

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Kampala to Mukono in 30 Minutes as Train Service Expands

Kampala to Mukono in 30 Minutes as Train Service Expands

The Uganda Railway Corporation (URC) has relaunched its passenger train services on the Kampala-Namanve route, which had been previously halted due to safety concerns. As of October 9, the train will now extend its services beyond Namanve to Mukono, reducing tra

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