Search Results

Economy still faces several risks, says BoU

Economy still faces several risks, says BoU

Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot

Ultimate Uganda

Justin Bieber’s ‘Lonely’ sees 1400% sales increase as fans connect song to his history with Diddy

Justin Bieber’s ‘Lonely’ sees 1400% sales increase as fans connect song to his history with Diddy

Justin Bieber’s song “Lonely” is experiencing a significant resurgence, with sales skyrocketing nearly 1,500 copies in the past week, according to Luminate. While this surge hasn’t quite propelled the track onto Billboard charts, it brings it closer to m

Ultimate Uganda

Poor living longer, rich dying younger

Poor living longer, rich dying younger

In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov

Ultimate Uganda

At 62: Singapore innovates, Uganda struggles with waste

At 62: Singapore innovates, Uganda struggles with waste

The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,

Ultimate Uganda

Emeka's walk to fitness, health

Emeka's walk to fitness, health

Collins Baryeija, also known as Emeka the romantic mukiga’s weight loss journey began when he started working at KFM Radio. The excitement of his new job was soon overshadowed by a harsh reality; climbing just a few stairs left him breathless.  His then boss, the charismatic Joseph Be

Ultimate Uganda

Govt pushes for mindset change among PDM beneficiaries

Govt pushes for mindset change among PDM beneficiaries

Government has tasked Enterprise Uganda to drive mindset change among Parish Development Model (PDM) beneficiaries to maximise benefits in the programme that has been ongoing for about three years. Speaking on the sidelines of a week-long training for PDM beneficiaries in the Teso sub-re

Ultimate Uganda

50% of agribusiness loan requests rejected - BoU

50% of agribusiness loan requests rejected - BoU

Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the

Ultimate Uganda

Govt pushes for mercury free options for artisanal miners

Govt pushes for mercury free options for artisanal miners

The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment.  Speaking duri

Ultimate Uganda

Why convicts now outnumber remandees

Why convicts now outnumber remandees

Previously, the prisons had more inmates on remand than the convicts serving their various sentences. But the trajectory has in the recent past since changed with now the convicts being more than those on remand. Statistics obtained from the Prisons show that there are 41,065 convicts, w

Ultimate Uganda

Ubos says still analysing 2024 census report, regrets error in results

Ubos says still analysing 2024 census report, regrets error in results

The Uganda Bureau of Statistics (Ubos) has gone back to the drawing board to analyse the 2024 National Population and Housing Census report which was released on Thursday last week. Ubos pulled down the main census report from its website following public outcry over contradicting figure

Ultimate Uganda