Search Results

Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

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

Ultimate Uganda

Former Miss Tourism Teso Set to Represent Uganda in Nigeria

Former Miss Tourism Teso Set to Represent Uganda in Nigeria

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

Ultimate Uganda

Sewerage Overflow Threatens Health and Livelihoods in Kisoro

Sewerage Overflow Threatens Health and Livelihoods in Kisoro

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

Ultimate Uganda

Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

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

Ultimate Uganda

Former Namasagali headteacher Rev Fr Grimes' body to be flown back to Uganda

Former Namasagali headteacher Rev Fr Grimes' body to be flown back to Uganda

The government has decided to fly the body of the late Rev Fr Damian Grimes, the former long-serving head teacher of Namasagali College from the United Kingdom back to Uganda ahead of burial at the weekend. According to the tentative burial program released by the alumni of Namasagali C

Ultimate Uganda

Kiteezi tragedy: Survivors struggle with loss, relocation plans

Kiteezi tragedy: Survivors struggle with loss, relocation plans

The Kiteezi landfill tragedy is a few days shy of a two-months anniversary. The grief is still too raw for survivors and bereaved families. The gut-wrenching calamity befell residents of Kiteezi in Wakiso District on August 10, claiming the lives of more than 35 people and destroying pro

Ultimate Uganda

Leaders call for tax waivers at league AGM

Leaders call for tax waivers at league AGM

Fufa Vice President Justus Mugisha has stressed the importance of upgrading football pitches across the club homes noting that pitch improvement is crucial for developing football talent. Speaking at the 11th Annual General Meeting (AGM) of Fufa Super League Limited, held at HB Hotel in

Ultimate Uganda

Panic as Mineral Police Hunt for Karamoja Mineral Inspector, Dead or Alive

Panic as Mineral Police Hunt for Karamoja Mineral Inspector, Dead or Alive

Moses Lokiru, Moroto – The mineral inspector of Karamoja, Mr. Gerald Eneku, is currently facing intense threats to his life from police officers attached to the mineral unit in Karamoja. On Sunday, Mr. Eneku narrowly escaped an assassination attempt by disgruntled mineral police officers wh

Ultimate Uganda

President Museveni, 20 African Kings Expected at Lango Paramount Chief’s Coronation

President Museveni, 20 African Kings Expected at Lango Paramount Chief’s Coronation

President Yoweri Kaguta Museveni is expected to be the Guest of Honor during the coronation of Won Nyaci elect Eng. Dr. Moses Michael Odongo Okune, slated for November 2, 2024, at the Mayor’s Garden in Lira City, Lango sub-region, Northern Uganda. The spokesperson of the Lango Cultural Inst

Ultimate Uganda

What next after Uganda fails to wake up and smell the coffee?

What next after Uganda fails to wake up and smell the coffee?

Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good

Ultimate Uganda