Search Results

Businesses report improved business environment despite rising input costs 

Businesses report improved business environment despite rising input costs 

The Stanbic Purchasing Managers’ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September.  However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio

Ultimate Uganda

Insurance half year premiums grow by Shs104b

Insurance half year premiums grow by Shs104b

Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju

Ultimate Uganda

NRM, NUP reject MP Lumu Bill seeking to elect LoP

NRM, NUP reject MP Lumu Bill seeking to elect LoP

The ruling National Resistance Movement (NRM) has joined Opposition parties in opposing the Administration of Parliament (Amendment) Bill, 2024 that seeks to have the Leader of Opposition (LoP) elected by Opposition lawmakers. The NRM’s Director of Legal Affairs, Mr Enoch Barata, told

Ultimate Uganda

3 in 10 Ugandans going without food daily

3 in 10 Ugandans going without food daily

As Uganda today joins the rest of the world to mark World Food Day, at least three in every 10 households will skip a meal or not eat at all for the entire day. Mr Moses Mbuusi, a statistician at the Uganda Bureau of Statistics (Ubos), defined severe food insecurity as frequent and prolo

Ultimate Uganda

74 financial institutions now access NIRA database, says BoU

74 financial institutions now access NIRA database, says BoU

Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr

Ultimate Uganda

Minority groups demand equal opportunities in public offices

Minority groups demand equal opportunities in public offices

Indigenous minority groups in West Nile have petitioned the government over what they termed as inequality and unfavourable policies that discriminate them. They said they have been denied access to jobs, freedom of worship and associations due to historical stereotypes.  Speaking a

Ultimate Uganda

Shock as Unidentified Male and Female Body Found in Ndeeba and Kireka

Shock as Unidentified Male and Female Body Found in Ndeeba and Kireka

Police in Kampala are investigating the discovery of an unidentified male body in the Ndeeba suburb of the city, which they are treating as a suspected murder case. According to Luke Owoyesigyire, the deputy spokesperson of the Kampala Metropolitan Police, the body was found on the morning of Tuesda

Ultimate Uganda

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

Ultimate Uganda

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

Ultimate Uganda

Prison bans visits as Nakasongola mpox cases hit 24

Prison bans visits as Nakasongola mpox cases hit 24

Mpox cases have hit 24 in Nakasongola, up from 18 reported on October 3, prompting the district authorities to ban prison visits. The district accounts for nearly half of the country’s Mpox case load since the disease was confirmed on July 24. “The mode of spread is largely by co

Ultimate Uganda