Business •
01 Oct '24
Few statements are as loosely used as ânew era or a new dawnâ. We are such a positive society that we celebrate almost every change. Our hope is never diminished by failure or history. The future is bright, so goes the motto of many schools. Across many spheres of our socie
Business •
01 Oct '24
Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel
Business •
30 Sep '24
Officials from the Uganda National Musicians Association have urged Kisoro musicians to unite and cooperate by joining the Greater Kigezi Musicians Association Limited to benefit from government programs and promote their music internationally.
This message was conveyed during a meeting of al
Business •
30 Sep '24
Gen Muhoozi Kainerugaba’s social media posts are an interesting vantage point from which to see the inner workings of the National Resistance Movement (NRM) political and military state. Political hangers-on shower praises on him. Cabinet ministers dutifully wish him a happy birthday o
Business •
28 Sep '24
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B
Business •
27 Sep '24
In 2022, Sheebah Karungi did the unthinkable, organised twin concerts at Kampala Serena’s Victoria Conference Hall. It was an ambitious move that could still show how much local music has come; for instance, there was a time when the biggest Ugandan concerts took place at Kyadondo Rugby Gr
Business •
27 Sep '24
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
Business •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
Business •
27 Sep '24
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
Business •
26 Sep '24
Civil society organisations have asked government to focus its resources on operationalisition of the different industrial parks spread across the country by investing in critical infrastructure such as electricity, water, roads and ICT infrastructure to drive industrialisation, job creation