Business •
26 Sep '24
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
Business •
26 Sep '24
The Uganda Tourism Association (UTA) has appointed Muhereza Kyamutetera as its new Chief Executive Officer, effective October 1, 2024. Kyamutetera’s appointment comes at a critical moment for Uganda’s tourism sector as it continues to recover from the significant disruptions caused by the COVID-
Business •
26 Sep '24
A driver facing serious charges related to the possession of prohibited goods has been granted bail. On September 25, 2024, Hussein Isabirye was released by the Anti Corruption Court in Nakasero, under the authority of Chief Magistrate Joan Aciro. The court set Isabirye’s bail at sh4 million, with
Business •
26 Sep '24
Kibuli Muslim Hospital has been recognized for its exceptional service to the Ugandan community. During a recent meeting with the hospital’s management team, John R. Musinguzi, the Commissioner General of the Uganda Revenue Authority (URA), commended the hospital’s dedication and sacrifices in s
Business •
26 Sep '24
Moses Lokiru, Moroto – The Government of Uganda has suffered a significant financial loss due to the failure of stone dealers in Karamoja to remit royalties. Investigations have revealed that over Shs 1 billion was diverted to individuals within the police mineral protection unit deployed in the r
Business •
25 Sep '24
In a surprising turn of events, several top officials from the Kampala Capital City Authority (KCCA), including Executive Director Dorothy Kisaka, were recently dismissed from their positions, marking a significant shakeup in the city’s administration.
However, according to the Minister of
Business •
25 Sep '24
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
Business •
25 Sep '24
Health education Nowadays, emergency contraceptive pills (ECPs) are increasingly being used as “a daily meal” by young women, especially in universities, as a means to prevent unintended pregnancies. These pills are designed to prevent pregnancy after unprotected sex, typically within
Business •
25 Sep '24
U.S. President Joe Biden announced on Tuesday the donation of 1 million mpox vaccine doses and at least $500 million to African countries to support their response to the outbreak. Biden made the announcement at the United Nations General Assembly in New York, and called on other countri
Business •
25 Sep '24
A citizen has sued the government, challenging the alleged move to relocate Luzira Prison to Buikwe District in a bid to pave the way for a commercial investment. Mr Deus Arinaitwe has sued the Attorney General (AG), who is the chief legal adviser of the government, seeking orders and de