High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
As the festive season approaches, many homeowners find themselves preoccupied with various ways to refresh their homes, even when everything is still perfectly functional. Ronald Atwine, a civil engineer and managing director of SandBolt Limited, highlights a significant issue; many homeowne
Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi
Mozambique votes on Wednesday in a tense general election highly likely to deliver victory to the ruling party, Frelimo, which has governed the Southern African nation since 1975. Four candidates are vying to replace President Filipe Nyusi, who is stepping down after serving two terms. T
The Muhaire Education Trust Fund (METF) has called upon well-wishers and philanthropists to join it in funding the education of needy students across the country. Speaking to Daily Monitor yesterday, Dr William Tsimwa Muhairwe, the founder of METF, said this year the organisation was onl
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
Mpox cases have hit 24 in Nakasongola, up from 18 reported on October 3, prompting the district authorities to ban prison visits. The district accounts for nearly half of the country’s Mpox case load since the disease was confirmed on July 24. “The mode of spread is largely by co
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
Amidst all the news of corruption, misuse of public funds, incoherent census result numbers, disease outbreaks, war and deaths, the media, regardless of the perception of it being a harbinger of bad news, manages to deliver some rays of hope in form of positive happy-ever-after stories every
Women activists in the land sector have urged the government to implement reforms in land management to better protect women’s rights to land ownership and usage. As the Ministry of Lands, Housing and Urban Development intensifies land reforms through its Program Implementation Action
