Business •
04 Oct '24
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som
Business •
04 Oct '24
Cheating is often considered the ultimate betrayal in romantic relationships. However, beyond the physical affairs and obvious breaches of trust lies another form of unfaithfulness; micro-cheating. While it may not involve a complete affair, micro-cheating can still cause cracks in a rel
Business •
04 Oct '24
At least 78 people drowned when a boat carrying 278 passengers capsized in Lake Kivu in eastern Democratic Republic of Congo on Thursday, a provincial governor said. Relatives sobbed on shore as victims were placed in body bags and carried away, a Reuters witness said, and video footag
Business •
02 Oct '24
This morning in Mbarara City, residents clashed with police during a protest over the long wait for repairs to Katete Bridge.
The bridge, which has been in bad shape for a while, has caused frustration among locals, prompting the demonstration. Police fired warning shots to break up the crowd
Business •
02 Oct '24
MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex
Business •
01 Oct '24
Kenya's parliament on Tuesday tabled a motion to impeach Deputy President Rigathi Gachagua for gross violation of the constitution, the speaker said, as local media reported that he had fallen out with President William Ruto. Over one third of lawmakers signed a motion presented by Mweng
Business •
01 Oct '24
The United Arab Emirates said early on Monday the residence of its ambassador in Khartoum was attacked by a Sudanese military aircraft, condemning it as a "heinous attack". The UAE's foreign ministry said in a statement that the attack on its ambassador's residence had c
Business •
30 Sep '24
Good grades and great learner welfare are key things parents look for before sending their children to any school. But to some school managers, their main motive for investing in the education sector is doing business. And to live up to this, they have come up with tactics to attract numbers
Business •
30 Sep '24
Gen Muhoozi Kainerugaba’s social media posts are an interesting vantage point from which to see the inner workings of the National Resistance Movement (NRM) political and military state. Political hangers-on shower praises on him. Cabinet ministers dutifully wish him a happy birthday o
Business •
30 Sep '24
At least six people were killed and 10 injured on Saturday by bomb explosions in Somalia’s capital Mogadishu and a town in the country's Middle Shabelle region, police and witnesses said. It was not immediately clear who had carried out the attacks, although Islamist militant group al-