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Foreign reserves fall to all time low

Foreign reserves fall to all time low

High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa

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Green Finance: Uganda's farming lifeline

Green Finance: Uganda's farming lifeline

Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi

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Experts want climate change campaigns to include agriculture

Experts want climate change campaigns to include agriculture

As the world faces the rising effects of climate change, there is an urgent need to rally the population and governments towards promoting environmentally friendly farming practices (agroecology). The challenge is pressing in developing countries, where industrial agriculture characteris

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Kadaga tasks health ministry to empower regional hospitals

Kadaga tasks health ministry to empower regional hospitals

The First Deputy Prime Minister and minister for East African Community (EAC) Affairs, Ms Rebecca Kadaga, has tasked the Ministry of Health to empower regional referral hospitals to offer specialised medical services rather than having patients referred to Mulago National Hospital in Kamp

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How mismatched data plagued Uganda's 2024 census report

How mismatched data plagued Uganda's 2024 census report

Following the release of contradicting figures in the 2024 National Housing and Population Census by the Uganda Bureau of Statistics (Ubos) last Thursday, the Monitor now traces how the errors could have come about. In an interview, Mr Vincent Ssennono, the principal statistician and the

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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

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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

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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

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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,

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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

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