Business •
27 Sep '24
A client has accused DFCU Bank of forcing him to pay their initial 13 year mortgage loan in only two and a half years but only to hold onto his property titles.
Business •
26 Sep '24
Casual workers at Kampala Capital City Authority (KCCA) have welcomed the sacking of three top officials, accusing them of being behind their salary delays. KCCA Executive Director Dorothy Kisaka, her deputy, David Luyimbazi, and the Director of Public Health and Environment, Dr Daniel O
Business •
26 Sep '24
Kampala Lord Mayor Erias Lukwago has asked the Inspector General of Government (IGG) to make public the findings of the Kiteezi garbage heap disaster, which led to the sacking of top executives of Kampala Capital City Authority (KCCA). President Museveni on September 24 fired KCCA Execu
Business •
26 Sep '24
The sacking of Ms Dorothy Kisaka as executive director of the Kampala Capital City Authority (KCCA) was not a surprise to many Ugandans. Critics say it had only been a matter of time. Ms Kisaka assumed office on July 23, 2020 following an initial recommendation by President Museveni
Business •
26 Sep '24
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen
Business •
26 Sep '24
Hundreds of mourners gathered at All Saints Church in Mbarara to bid farewell to Jolly Mugisha, the National Unity Platform (NUP) deputy president for the western region. Mugisha passed away on Monday after spending four weeks in a coma at Mbarara Regional Referral Hospital. She was 63 years old.
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
Alison Mary Akello, the former Miss Tourism Teso, departed Uganda on Saturday, heading to Lagos, Nigeria, where she will represent the country at the Miss Tourism Africa – International (MTA) competition. Akello, who handed over her crown in August to the newly crowned Miss Tourism Teso, Betty Aca
Business •
25 Sep '24
Village health teams (VHT) from Kisoro Municipality are raising concerns about the overflowing Kamonyi sewerage into neighboring gardens in Karumena village, Kamonyi ward, Kisoro Municipality. This environmental hazard has significantly hindered the farming sector in the area.
During a recent
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