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19 Sep '24
The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen
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19 Sep '24
The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu
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19 Sep '24
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
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19 Sep '24
Wealth creation refers to the process of investing your savings to grow your wealth by choosing investments that align with your financial goals. The modern approach to wealth creation of budgeting and saving builds wealth through a variety of methods using financial products. Certainly, whe
Business •
19 Sep '24
Themed “Joining Hands to advance Modernization and build a High-Level China-Africa Community with a Shared Future,” the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) was a big success and highlighted the common pursuit of China and African countries in realizing modernizat
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19 Sep '24
Human rights activists have called for the implementation of non-custodial sentences to address Uganda’s prison congestion. The Commissioner of Prisons, Mr Apollo Baker Asinga, noted that between 2014 and 2015, the total prison population was about 42,619, but this number has since inc
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19 Sep '24
Teachers in Namutumba District are appealing to the government for scholarships to pursue degrees. In 2019, the government introduced a transformative teacher policy that phased out lower qualifications, mandating that all teachers, from nursery to primary levels, hold a Bachelor's degre
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19 Sep '24
The Equal Opportunities Commission (EOC) has asked the government to stop funding top schools that continue to charge excessive school fees. Ms Susan Nambatya, the EOC research associate, who yesterday spoke at the release of findings of a study on fees charged by government and private
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19 Sep '24
The East African Court of Justice (EACJ) kicked off its September session in Arusha this week after taking a break since May due to lack of funding. The judges started working on September 16, hoping to clear a backlog of cases by October 11. “Due to financial challenges, the cour
Business •
19 Sep '24
(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious minds, is set to trim its staff of part time lecturers thanks to a staggering UGX 6.7 billion debt hanging over its head like a hea