Business •
04 Oct '24
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann
Business •
04 Oct '24
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som
Business •
04 Oct '24
We are about to enter the holiday season, where the court of public opinion will have you believe that it is the worst time to be single. Contrary to what most people may believe, it may very well be the best time to be single. Every year around the holidays, I look at my friends in rela
Business •
04 Oct '24
A reduction in milk volumes by about 3.5 million litres per day has impacted key dairy by-products, among them butter production, according to stakeholders in both the dairy and supermarket value chains. Several supermarkets and consumers across Kampala have reported a shortage in butter
Business •
04 Oct '24
At least 78 people drowned when a boat carrying 278 passengers capsized in Lake Kivu in eastern Democratic Republic of Congo on Thursday, a provincial governor said. Relatives sobbed on shore as victims were placed in body bags and carried away, a Reuters witness said, and video footag
Business •
02 Oct '24
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community.
The event held at Tuzza Hotel in Bushenyi brought together over 100 leaders from across the West Ankole Region,
Business •
02 Oct '24
Uganda's State Minister for Wildlife and Antiquities, Mr Martin Mugarra Bahinduka, has reaffirmed that the Uganda Wildlife Authority (UWA) will continue charging vehicles transiting through Murchison Falls National Park. "The tarmacking of this road does not justify the change of its sta
Business •
02 Oct '24
Last month, I had the pleasure of attending the MTN ICT Expo at Mestil Hotel in Kampala. This event was an incredible gathering of customers, experts, and thought leaders, all exploring how digital transformation is shaping various sectors like health, education, banking, ICT, and even the p
Business •
01 Oct '24
It is about five years now since the revival of Uganda Airlines. What is there to write home about so far?Some of the reasons that led to the revival of Uganda Airlines emanated from complaints regarding connectivity, price and travel delays then. We have solved these and many other problems
Business •
01 Oct '24
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur