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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Religious leaders call for sensitisation on EU coffee registration

Religious leaders call for sensitisation on EU coffee registration

The Inter-Religious Council of Uganda (IRCU) has called for more sensitisation of coffee farmers about the registration exercise that seeks to comply with European Union export guidelines. With less than three months for Uganda to comply with the European Union Deforestation Regulations

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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Ford Raptor: The king of off-road performance

Ford Raptor: The king of off-road performance

When you look at the Ford Ranger Raptor from the outside, one of the things you will notice is its wide body. The Ford Raptor has a built-in Ford engineering performance that sets it apart from the other Ford pick-up trucks. This, David Mukiibi, a car dealer, says partly explains why the Rap

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Yumbe farmers suffer major crop losses due to heavy rains

Yumbe farmers suffer major crop losses due to heavy rains

“When I planted these crops, I never expected the rain would disrupt us; it usually doesn’t. This time, however, the rains were excessive, and my nearly ready crops were submerged by floods,” said Mr Patrick Toko, a resident of Okubani village, Ariwa Sub-county, Yumbe District. Tok

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The silent crisis of air pollution in Kampala

The silent crisis of air pollution in Kampala

Kampala is projected to experience a population surge of at least 58 percent, growing from approximately four million to seven million by 2035, as detailed in the World Population Review based on the UN World Urbanisation Prospects. This report suggests that without appropriate interventions

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PRIMECheptegei’s death opens old wounds of domestic violence

PRIMECheptegei’s death opens old wounds of domestic violence

The death of athlete Rebecca Cheptegei, who was doused in petrol and set ablaze by her former boyfriend, Dickson Ndiema Marangach, has renewed questions on government’s implementation of the Domestic Violence Act. The 33-year-old was last week buried in Bukwo District, days after Ma

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Uganda vs PNG: Rivalry Renewed in Four-Match Series

Uganda vs PNG: Rivalry Renewed in Four-Match Series

In the wake of the ICC Men's Cricket World Cup Qualifiers, Uganda is set to take on Papua New Guinea (PNG) in a four-match bilateral series, renewing a rivalry forged on the world stage. This series, starting Wednesday and to hosted at the picturesque Entebbe Oval, promises an exciting

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PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

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PRIMEUganda’s debt remains sustainable, says IMF

PRIMEUganda’s debt remains sustainable, says IMF

The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the country in a better position for development. “The macroeconomic environment is not without challenges, with high

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