Business •
19 Sep '24
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
Business •
19 Sep '24
Uganda is still at risk of violent extremism in defence of religion, ideology, and political goals, a new report released on September 18 shows. Violent extremism refers to the beliefs and actions of people who support or use violence to achieve ideological, religious, or political goals
Business •
18 Sep '24
On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offloading briquettes made from bamboo trees. The workers are under Divine Bamboo Group Ltd founded by Ms Divine Nabaweesi.
Business •
15 Sep '24
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
Business •
13 Sep '24
Retail credit card interest rates have reached an all-time record, according to new data from Bankrate.The average APR for retail credit cards is 30.45% this year, which is up from 28.93% a year ago, 26.72% two ye
Business •
13 Sep '24
Tracy Katusiime, 22, a teacher from Wakiso District was born with sickle cell disorder. She says she takes at least two different types of medicines every day to manage the condition.“My parents got to know my s
Business •
13 Sep '24
Denver International Airport (DIA) is gearing up to handle a projected 100 million passengers annually, scheduled to arrive as early as 2027, five years ahead of previous estimates. Breaking Records: Over the Labor Day period, DIA screened a staggering 428,182 p
Business •
12 Sep '24
(US) – The recent debate between Kamala Harris and Donald Trump has generated a wave of media coverage, largely focusing on the unexpected dynamics that unfolded. According to various reports, Harris emerged as the clear winner, capitalizing on Trump’s unfor
Business •
12 Sep '24
The population of Kampala is projected to grow by at least 57.8 percent in the next 10 years, signalling increased pressure on a city already facing challenges of overcrowding, informal settlements, high unemployment, poor public services, stretched utility serv
Business •
10 Sep '24
News reaching our desk indicates that Juliet Kyarisiima, a missing staff member of Mbarara Regional Referral Hospital, has been found dead. Juliet’s body was discovered and retrieved from River Rwizi on Tuesday, September 10, 2024.