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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

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FDC Katonga faction charts own course for new party

FDC Katonga faction charts own course for new party

The leaders of the Forum for Democratic Change (FDC) Katonga faction yesterday initiated the registration process for their new party, the People's Front for Freedom (PFF). The acting president, Mr Erias Lukwago, flagged off the collection of signatures from voters across the country.

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Museveni aide woos Czech investors to Uganda

Museveni aide woos Czech investors to Uganda

Senior presidential advisor on trade, Phillip Kakuru, has called upon investors from Czech Republic to consider investing in Uganda’s unexploited potential. Kakuru, who led a delegation of Ugandan business community and diplomats for the first Uganda-Czech business forum in Prague on O

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Why population census numbers have raised eyebrows

Why population census numbers have raised eyebrows

A number of questions have emerged following the release of the National Population and Housing Census 2024 final results by the Uganda Bureau of Statistics (Ubos). This was after the bureau issued contradicting statistics of Acholi and Bagisu population. According to the 2024 result

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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

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High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

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Over 100 Ex-GOP Officials Endorse Harris—Here’s The Full List

Over 100 Ex-GOP Officials Endorse Harris—Here’s The Full List

ToplineMore than 100 former staffers and national security leaders from past Republican administrations endorsed Vice President Kamala Harris on Wednesday—adding to the growing list of Republicans speaking out against former President Donald Trump.

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Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the country

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INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

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Kiruhura introduces cow dung fees in major revenue hunt

Kiruhura introduces cow dung fees in major revenue hunt

Kiruhura District Chief Administrative Officer (CAO) Charles Nsubuga Kiberu has instructed all sub-county chiefs and town clerks to start collecting a cow dung loading fee “to boost local revenue collections.” In a September 23, 2024, circular, Nsubuga instructed the leaders to start

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