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
MTN Uganda, through its corporate social responsibility arm, MTN Foundation, is excited to announce its latest initiative to boost digital access and education at St. Josephâs Seminary Nyenga. As part of its commitment to empowering youth and bridging the digital divide, MTN Uganda is p
Allan Okello, the former KCCA playmaker, now a linchpin for Vipers, has been in scintillating form, scoring goals and providing assists with breathtaking regularity. His transformation has ignited Vipers' title bid, leaving KCCA, who currently sit in third place, restless and eager to
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo
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
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
Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (
University students have expressed concerns about the global rise of artificial intelligence (AI), fearing it could worsen the already high unemployment rates in Africa. They argue that with unemployment already rampant, the spread of AI may push more graduates into joblessness. Du
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo
The Ministry of Agriculture, Animal Industry, and Fisheries (Maaif) has signed a memorandum of understanding (MoU) with China Communications Construction Company (CCCC) to enhance Uganda’s agricultural capacity. The move aims at the development of post-harvest handling infrastructure,
