Business •
25 Apr '25
The Parish Development Model (PDM) is a promising initiative, but it risks becoming just another cash distribution scheme unless the government rethinks its broader development strategy, renowned economist Dr Fred Muhumuza has cautioned.Appearing on NBS Morning Breeze, Muhumuza argued that
Business •
25 Apr '25
Tension escalated at Kyambogo University on Tuesday morning as students staged a protest against a Shs 50,000 surcharge imposed by the administration for late tuition registration.What began as a peaceful demonstration quickly spiraled into chaos when police fired teargas and live bullets
Business •
25 Apr '25
The National Resistance Movement (NRM) Deputy Secretary General, Rose Namayanja Nsereko, has applauded President Museveni for his long-standing commitment to empowering women in Uganda.Speaking at the belated International Women’s Day celebrations held at Semuto Primary School playground
Business •
23 Apr '25
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
Business •
22 Apr '25
The National Social Security Fund (NSSF) has posted record-breaking operational efficiency, outshining regional peers and challenging stereotypes about Ugandan managerial competence.Speaking during the Eastern Regional Employer Engagement in Mbale, NSSF Executive Director Patrick Ayota ann
Business •
22 Apr '25
Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advocates Coalition for Development and Environment (ACODE) has said.Despite being rich in minerals, Uganda has failed to tran
Business •
08 Apr '25
Gen Digital (NASDAQ:GEN), the leading provider of cybersecurity solutions, has been a publicly traded company since June 1989. Known for its brands like Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner, the company is a key provider of antivirus and identity protection to million
Business •
06 Apr '25
The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen
Business •
04 Apr '25
There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a job. I hope your wallet had a productive week. But now, let’s talk about something even mor
Business •
30 Mar '25
The lavish mansion of the late General Charles Oluka has become a hot topic in Uganda following his death.Located in Katovu village, Kajjansi town council, Wakiso district, the grand residence has sparked curiosit