Business •
19 Sep '24
(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious minds, is set to trim its staff of part time lecturers thanks to a staggering UGX 6.7 billion debt hanging over its head like a hea
Business •
18 Sep '24
Many houses suffer from recurring water damage, leading homeowners to invest in annual renovations. Another approach is to try different waterproofing solutions and contractors to resolve the issue. In the construction industry, waterproofing remains a critical component that is often overlo
Business •
18 Sep '24
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in
Business •
18 Sep '24
(Kampala) – The Uganda Revenue Authority (URA) has reported a surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent
Business •
18 Sep '24
In a recent announcement, developer 333Studios revealed that they will be launching an enhanced version of their upcoming survival horror game, Retrieval , specifically designed for the PS5 Pro. The game promises to deliver an immersive and chilling experience with improved graphics and a higher fra
Business •
18 Sep '24
According to a recent study published in the journal Nutrients, mangoes have emerged as a potential superfood for pregnant women, offering a wide range of health benefits.The Mango Magic The study revealed that women who incorporated mangoes into their diets scored 16% higher on the Healthy Eating
Business •
17 Sep '24
Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f
Business •
17 Sep '24
Ankole residents have turned to a marathon to combat the high HIV prevalence in the sub-region. According to the Uganda Aids Commission’s (UAC) 2024 report, 10 of the 13 districts in Ankole have higher HIV prevalence rates than the national average of 5.1 percent. Mbarara City leads wi
Business •
17 Sep '24
The year 2023 was confirmed as the warmest on record, with the average global temperature reaching 1.45°C, according to a World Meteorological Organisation (WMO) report. This alarming increase in global warming is largely attributed to human-induced climate change, further exacerbated
Business •
17 Sep '24
South Sudan and Sudan have made progress towards restarting the pumping of South Sudan's crude oil through a pipeline running to a port in its neighbour, South Sudan's finance minister and the president's office said. WHY IT'S IMPORTANT The exports are a crucial source of revenue for