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Parliament summons Finance, AG over Roko’s Shs260b bailout

Parliament summons Finance, AG over Roko’s Shs260b bailout

Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec

Ultimate Uganda

Inside Uganda’s death by suicide puzzle

Inside Uganda’s death by suicide puzzle

In June this year, Kampala registered the highest cases of suicides in a single month, most of them involving high-profile individuals. Mr Luke Owoyesigyire, the Kampala Metropolitan Police deputy spokesperson, said four of seven incidents were registered in a single day on Martyrs' Day

Ultimate Uganda

Does your home really need a revamp?

Does your home really need a revamp?

As the festive season approaches, many homeowners find themselves preoccupied with various ways to refresh their homes, even when everything is still perfectly functional. Ronald Atwine, a civil engineer and managing director of SandBolt Limited, highlights a significant issue; many homeowne

Ultimate Uganda

Govt pushes for mindset change among PDM beneficiaries

Govt pushes for mindset change among PDM beneficiaries

Government has tasked Enterprise Uganda to drive mindset change among Parish Development Model (PDM) beneficiaries to maximise benefits in the programme that has been ongoing for about three years. Speaking on the sidelines of a week-long training for PDM beneficiaries in the Teso sub-re

Ultimate Uganda

What it means when your child says they are bored

What it means when your child says they are bored

Have you ever asked your child how school was today, only to be told it was “boring”? It’s a conversation sadly all-too-familiar to a lot of parents. Many are left wondering why and what they can do to help. It’s important to understand why your child may be feeling bored at

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From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

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Our returns are in their own orbit, says NSS boss

Our returns are in their own orbit, says NSS boss

As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow manages to look both formal and effortlessly cool. It’s a Sunday morning. Time check: 10.20 am. He pauses, scanning the r

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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

Ultimate Uganda

Tricks school owners use to fleece parents

Tricks school owners use to fleece parents

Good grades and great learner welfare are key things parents look for before sending their children to any school. But to some school managers, their main motive for investing in the education sector is doing business. And to live up to this, they have come up with tactics to attract numbers

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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