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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

Ultimate Uganda

Focus on oil and gas development will be key priority in 2025/26 budget

Focus on oil and gas development will be key priority in 2025/26 budget

The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m

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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Only 10 percent of govt projects are on schedule, NPA report says

Only 10 percent of govt projects are on schedule, NPA report says

Enforcement of publicly funded projects and related investment is underperforming, according to National Planning Authority (NPA). The NPA assessment report further discloses laxity in the manner in which development projects, the majority of which are funded by international partners an

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Here is how to choose the right investment for sustainable wealth

Here is how to choose the right investment for sustainable wealth

Wealth creation refers to the process of investing your savings to grow your wealth by choosing investments that align with your financial goals. The modern approach to wealth creation of budgeting and saving builds wealth through a variety of methods using financial products. Certainly, whe

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The silent crisis of air pollution in Kampala

The silent crisis of air pollution in Kampala

Kampala is projected to experience a population surge of at least 58 percent, growing from approximately four million to seven million by 2035, as detailed in the World Population Review based on the UN World Urbanisation Prospects. This report suggests that without appropriate interventions

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Nature-based solutions turning the tide against climate change

Nature-based solutions turning the tide against climate change

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.

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Interior design pieces to invest in by age

Interior design pieces to invest in by age

Investing in interior design pieces is a thoughtful way to create a home that evolves with you through different stages of life. As your needs, preferences, and lifestyle change, so too should the key elements that define your living space. From foundational pieces in your 20s to timeles

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