Business •
09 Oct '24
Ugandans studying in India have highlighted the need for economic independence and noted that one way of achieving this is by embracing local produce. This was on October 9 during Uganda's Independence Day celebrations at Marwadi University in India. Dr Derrick Ssebaduka, the preside
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 •
09 Oct '24
Democratic Republic of Congo has accused Rwanda of creating obstacles in ongoing negotiations to resolve the M23 rebel conflict in eastern Congo that has displaced more than 1.7 million people. The comments by Congolese Foreign Minister Therese Kayikwamba Wagner to the U.N. Security Coun
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
The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment. Speaking duri
Business •
08 Oct '24
A gruesome hours-long gang attack in Haiti a couple of days ago left dozens dead, torching homes and cars, while forcing thousands more to run for their lives, in the latest blow to a country that has suffered extreme violence for years. The early morning attack on Thursday in the centra
Business •
06 Oct '24
Fufa celebrated 100 years of existence on Friday as a prelude to the centurion annual general meeting in Wakiso District. However, Ugandan football history dates back to the 19th century when it was first introduced by missionaries. We dig into this storied past in this timeline of events,
Business •
06 Oct '24
This past week, panic has gripped East Africans in the Middle East as Lebanon came under a hail of fire from Israel and tensions between Tel Aviv and Iran reached a crescendo. The Kenyan government has been struggling to get its nationals to register for evacuation, as someÂ
Business •
06 Oct '24
Rwandan Foreign Minister Olivier Nduhungirehe said on Saturday his Congolese counterpart had refused to sign an agreed deal to help resolve the M23 rebel conflict in eastern Democratic Republic of Congo that has displaced over 1.7 million people. The Tutsi-led M23 has been waging an insu
Business •
06 Oct '24
Former Minister of State for Housing,Capt. Francis Babu has raised concerns over the potential fallout from sanctions imposed on Ugandan security officers by foreign countries. During a discussion held earlier today at NTV, Babu expressed his reservations about