Business •
14 Oct '24
The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer
Business •
14 Oct '24
Finance Minister Matai Kasaija has said Uganda has installed a total of 4,354 kilometre of fiber cables across the country, connecting 1,523 key government service delivery units to the National Backbone Infrastructure. Speaking during the 15th National Competitiveness Forum in Kampala,
Business •
13 Oct '24
Makerere University academic registrar says the rankings are not a true reflection of their performance. Makerere University has poked holes into the 2025 World University Rankings by the Times Higher Education, protesting the institution’s decline of its global standing. The unive
Business •
12 Oct '24
Cocoa grows well on a wide range of soils but lose soils that allow movement of air and moisture, and root penetration is ideal. It must hold moisture in the soil during the dry season, as cocoa needs a regular supply of moisture for good growth. Cocoa can be grown in soils having a pH v
Business •
11 Oct '24
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an
Business •
11 Oct '24
Four years ago, the coronavirus pandemic increased human reliance on technology which enabled virtual engagements. Research by the National Library of Medicine, a US-based biomedical informatics and the world's largest biomedical online library shows that the Covid-19 imposed restr
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
In a clash reminiscent of two neighbors vying to prove who is king of the hill, Uganda finds itself under the spotlight with everything to play for. As they host the group’s underdogs south Sudan on Friday at Namboole Stadium, there is no room for error and no second chances; it is a
Business •
09 Oct '24
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