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
Thirty-five Busia District council members have passed a motion to create Lumino District. Busia District Speaker Charles Malowa Kudedi said the resolution came after 35 council members unanimously voted “yes” for the motion that seeks to carve Lumino District out of Busia District.
Business •
04 Oct '24
Farmers in Sebei Sub-region are switching to barley growing in search of better profits. Some of the farmers have since abandoned Irish potatoes for barley growing, which is a raw material in beer making. They farmers say the cereal is profitable and that it matures within a short time.
Business •
02 Oct '24
President Museveni has vowed to crack down on exploitative money lenders, who he said take advantage of ignorant and desperate people . The President said his government would push for the enactment of a law to fight the vice. “Money lenders are becoming a problem. They go to our v
Business •
01 Oct '24
The government has been tasked to fast- track the implementation of the National Community Health Strategy to strengthen health service delivery at the community level. Mr Tadius Mwesige, the Manager of Strengthening Community Health Workforce in Uganda Project, which is currently being
Business •
01 Oct '24
Naguru Police Barracks was the scene of a tragic incident on the night of September 29, 2024, when Police Constable Alex Adei, a member of the Counter-Terrorism Tactical Unit, allegedly shot and killed his wife, Barbra Apia.
Business •
28 Sep '24
In a shocking incident in Kasanje, Wakiso district, a boda boda rider has come under scrutiny after being spotted transporting seven school children along with their school bags on a single motorcycle. The incident occurred on Tuesday and has sparked widespread
Business •
27 Sep '24
In 2022, Sheebah Karungi did the unthinkable, organised twin concerts at Kampala Serena’s Victoria Conference Hall. It was an ambitious move that could still show how much local music has come; for instance, there was a time when the biggest Ugandan concerts took place at Kyadondo Rugby Gr
Business •
26 Sep '24
Nissan’s big-selling, mid-sized sport utility vehicle (SUV) gets a few choice changes in the latest edition, though nothing that would scare a current Qashqai buyer, of which there have been some four million since the first one appeared in 2007. This third generation arrived back in 2
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