If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
An Egyptian warship has delivered a second major cache of weaponry to Somalia including anti-aircraft guns and artillery, port and military officials said on Monday, in a move likely to stoke further friction between the two countries and Ethiopia.Ties between Egypt and Somalia have grown th
Resty Namata began her career at Kiteezi Landfill as a sorter earning about Shs7,000, and eventually advanced to a picker, earning at least Shs10,000 daily. But more than half of the workers are women, who turn to this refuge to cope with socio-economic challenges."We are 600 women out of ab
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms. The move creates a new dimension, in which assets under management - especially by ins
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G
Uganda Law Reform Commission has been sued for allegedly subjecting access to laws of Uganda to only purchased subscription and paid-up platforms. A group of thirteen lawyers yesterday filed a case before the High Court in Kampala challenging the Law Reform Commission's decision to ventu
Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
But some freshers! What is taking you to the library in these first weeks?There was a time things worked well in Kampala. As a school child, you could get away with everything. And we surely did. From calling 999
