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Govt to finally implement local insurance for importers

Govt to finally implement local insurance for importers

Effective January 1, next year, all importers will be required to insure their cargo using local companies. The new requirement is provided under the Marine Cargo Insurance Policy, which first took effect on July 1, 2022, but was postponed, with Uganda Revenue Authority saying importers

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Will Kamala Harris be elected the 47th president? Here’s what Black leaders think

Will Kamala Harris be elected the 47th president? Here’s what Black leaders think

Democratic presidential nominee, U.S. Vice President Kamala Harris arrives at Dane County Regional Airport on November 1, 2024 in Madison, Wisconsin. (Photo by Andrew Harnik/Getty Images)In less than 48 hours, 

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MTN Uganda Set to Increase Dividend Payouts for Investors

MTN Uganda Set to Increase Dividend Payouts for Investors

(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f

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Shock as University Student Reportedly Dies of Hunger

Shock as University Student Reportedly Dies of Hunger

KAMPALA , Uganda – Hunger among Uganda’s university students has become an urgent crisis, revealing the severe financial challenges facing young people in higher education. Uganda’s universities are currently grappling with a widespread hunger issue among students, with reports indicati

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Useful arm exercises for everyday strength

Useful arm exercises for everyday strength

Everyday arm exercises are your secret weapon for strength, agility, and functional wellness. Just a few minutes a day can bring transformative benefits, helping you lift, carry, and reach with greater ease. Imagine carrying heavy bags or lifting items overhead without a second thought, stro

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Sudan cancels port deal with UAE in subtle protest at Abu Dhabi

Sudan cancels port deal with UAE in subtle protest at Abu Dhabi

Sudan has cancelled a port deal with the United Arab Emirates in an apparent protest at Abu Dhabi for its supposed support for the Rapid Support Forces, the paramilitary engaged in a deadly conflict with government forces. Finance Minister, Jibril Ibrahim said his country had cancelled a

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Here is what informed the rationalisation of agencies

Here is what informed the rationalisation of agencies

Back in the 1990s, Uganda adopted several reforms. One of them was creation of semi-autonomous agencies. The architects of these (largely donor-driven) reforms promised enhanced efficiency and State capacity to deliver services by sidestepping bureaucracy in the mainstream ministries. Th

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Traders eye money as nsenene return just on time

Traders eye money as nsenene return just on time

Grasshoppers, locally known as nsenene, are here again. The nsenene usually appear around late October through November and part of early December. However, last year they delayed, which created anxiety among trappers and traders who always make a killing from selling the delicious insec

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US election: Ugandans hopeful vote outcome will sustain education aid

US election: Ugandans hopeful vote outcome will sustain education aid

The US heads to the polls today, with many across Africa, including Uganda, hopeful that the incoming president will maintain foreign aid that supports educational programmes. The US has significantly contributed to Uganda's education sector through scholarships, partnerships, funding, a

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Uganda shilling strengthens against dollar - BoU

Uganda shilling strengthens against dollar - BoU

Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati

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