Business •
13 Oct '24
When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”. More than a decade since its inception in 2013, Atiak Sugar Factory con
Business •
12 Oct '24
A presidential assistant and four clerical staff in the Office of the President are being held for questioning as part of a wider investigation into alleged corruption at State House and the Office of the President. Monitor could not readily identify the clerical staff who are being held
Business •
11 Oct '24
Last week, our beloved Chief of Defence Forces General Muhoozi Kainerugaba was back in the spotlight, once again using his favoured communication tool — X. His tweet directed at the US ambassador offered two options: apologise to President Museveni or face deportation. This response
Business •
11 Oct '24
US President Joe Biden has postponed his trip to Germany and Angola, potentially ending the excitement surrounding what would have been his maiden trip to Africa since he took power. The White House on Tuesday confirmed the grapevine that had swirled on social media networks over the pas
Business •
09 Oct '24
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
Business •
09 Oct '24
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
Business •
07 Oct '24
The High Court issued a judgement over the issue of the service award, saying it was not a legal issue. What is your overall view on that? You read the reasoning of the court. It’s called the ratio decidendi in the legal language. The reasoning of the court dissects real issues from he
Business •
06 Oct '24
Embattled Kenyan Deputy President (DP) Rigathi Gachagua on Thursday made a last-ditch attempt to block an impeachment vote against him in the National Assembly, with more than 10 petitions filed in different courts challenging the process. Members of Parliament are next Tuesday expected
Business •
06 Oct '24
There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim
Business •
06 Oct '24
Former Minister of State for Housing,Capt. Francis Babu has raised concerns over the potential fallout from sanctions imposed on Ugandan security officers by foreign countries. During a discussion held earlier today at NTV, Babu expressed his reservations about