Business •
31 Oct '24
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Business •
31 Oct '24
Butambala Member of Parliament Muhammad Muwanga Kivumbi has said he resisted intimidation by President Museveni during their phone call last Thursday over the controversial National Coffee (Amendment) Bill, 2024. Mr Kivumbi, who is also the chairperson of the Buganda Parliamentary Caucus
Business •
31 Oct '24
Police have linked the killing of 10 people from one family in Mizizi A Village, Kyaterekera sub-county in Kagadi District to disagreements over a religious outfit. Maj Billal Katamba, the public information officer for the UPDF Mountain Division and Operation Shujaa, said preliminary in
Business •
29 Oct '24
It is midday and Gaudensia Tankobatagira is sitting quietly on a stool beneath the shade of an avocado tree at her home in Kabigyemire Village, Busiriba Sub-county in Kamwenge District. Surrounded by her grandsons, the 63-year-old woman patiently shells beans. Dressed in a simple gown, p
Business •
29 Oct '24
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
Business •
29 Oct '24
Black Friday in developed economies such as the United States has since become a calendar event in several countries across the globe, especially Africa. This year it will kick off November 29, unofficially marking the start of the Christmas shopping season not only in the United State
Business •
29 Oct '24
As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta
Business •
29 Oct '24
National Insurance Corporation (NIC) Club Manager Jocelyn Ucanda was declared the new Netball Uganda president in a general assembly held in Lugogo on Saturday. Ucanda and four other executive members including the first vice president administration William Bwambale, second vice presi
Business •
24 Oct '24
The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has been pumped into Atiak Sugar Factory was utilised, saying there is little to nothing on ground to show for the money. Fo
Business •
24 Oct '24
The Ministry of Health has reported the first Mpox death as the cumulative confirmed number of infections rose to 153, about three months after the initial cases were detected in the country. Details from the ministry show the death was reported in Masindi from a person living with HIV.