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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

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

Brazil to ban sports betting if 'addiction' not regulated

Brazil to ban sports betting if 'addiction' not regulated

Brazil President Luiz Inacio Lula da Silva, whose government is trying to stop a sports bets craze consuming household incomes, said on Sunday he will ban online betting if regulation does not cure "addiction" by bettors. Soccer-mad and bet-loving Brazilians have fallen hard for sports b

Ultimate Uganda

Naro intensifies banana value addition research

Naro intensifies banana value addition research

The National Banana Research Programme (NBRP) under National Agricultural Research Organisation (Naro) situated at Kawanda is working with private processors of products from banana to discover the most practical banana-based products for mass production in Uganda. Various prototypes of

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How Karuma closure disrupts supply chain

How Karuma closure disrupts supply chain

At about 5.45am, Lawrence Waka drives his delivery van—a Probox—from Kamdini Town centre to Atura Landing Site. It is at this former ferry docking site, located 12km away from Kamdini, where Waka picks newspaper copies and courier packages for circulation. Since being assigned th

Ultimate Uganda

Is your next boss an AI?

Is your next boss an AI?

Imagine a bunch of nerds in the 1960s, sitting around thinking: “Hey, what if we could send messages between these things called computers instead of just passing notes in class?” They proceed to further think: “Let’s make these machines talk to each other so we don’t have to!" And

Ultimate Uganda

Fix glitches in national power distribution, Ministry tells UEDCL

Fix glitches in national power distribution, Ministry tells UEDCL

The Ministry of Energy and Mineral Development has tasked Uganda Electricity Distribution Company Ltd (UEDCL) to fix glitches facing the distribution of power in the country. In a statement delivered by Dr Patricia Litho, the assistant commissioner for communications at the Ministry of E

Ultimate Uganda

IGG recovers Shs2.3b in confiscated assets of thieving public officials

IGG recovers Shs2.3b in confiscated assets of thieving public officials

The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann

Ultimate Uganda

Ugandans living longer - census report

Ugandans living longer - census report

The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate

Ultimate Uganda