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Zimbabwe’s new currency faces headwinds five months on

Zimbabwe’s new currency faces headwinds five months on

Five months after its launch, Zimbabwe’s new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the government’s plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the

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Top 100 mid-sized firms urged to embrace digital transformation

Top 100 mid-sized firms urged to embrace digital transformation

Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G

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Mpox cases double, Kampala metropolitan area hit hardest

Mpox cases double, Kampala metropolitan area hit hardest

The number of confirmed Mpox cases in the country has doubled in eight days, statistics from the Ministry of Health show. As of September 17, the cumulative number of confirmed cases reached 22, up from 11 cases recorded by September 10, the Ministry reported in an update on Wednesday ni

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Louisiana's wild horses may have roamed Kisatchie Forest for centuries, but is this the end?

Louisiana's wild horses may have roamed Kisatchie Forest for centuries, but is this the end?

In Vernon Parish, a herd of wild horses has roamed the Kisatchie National Forest for years.Some people speculate that the horses have been there for centuries. And as far as the horses were concerned, the 48,000-acre forest in which they roamed was their habitat. After all, the Vernon Paris

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Govt turns to domestic financiers to close gaps created by reduced external borrowing

Govt turns to domestic financiers to close gaps created by reduced external borrowing

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

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Jinja Engineer Accused of Stealing UGX 2 Billion from American Investor

Jinja Engineer Accused of Stealing UGX 2 Billion from American Investor

(Jinja) – If there is one thing Ugandans know how to do well, it is survival by any means necessary. But Engineer Stephen Bogere, the pride of Jinja, and his trusted dog handler, Wycliffe Ntende, might have taken this survival instinct a bit too far. The duo found themselves on the wrong side of t

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Abuja Mission crisis sparks queries on accountability

Abuja Mission crisis sparks queries on accountability

The Ugandan Mission in Abuja, Nigeria, is allegedly facing a financial crisis after its accounting officer, Mr Eriya Tusubira, was reportedly asked to return to Kampala. The Mission accuses Mr Tusubira of being absent from his post for more than six months and exhibiting unbecoming behav

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Who is to blame for a spike in road crashes?

Who is to blame for a spike in road crashes?

Police and other stakeholders have expressed concern over the rising number of road accidents in recent months that have claimed several lives and left others injured. Since the start of the year, police have reported an average of between 60 and 80 people dying in road accidents every w

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URA Collects UGX 28 Billion More Than Expected in August

URA Collects UGX 28 Billion More Than Expected in August

(Kampala) – The Uganda Revenue Authority (URA) has reported a  surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent

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Hartsfield-Jackson Ranks Low in Latest Airport Satisfaction Study

Hartsfield-Jackson Ranks Low in Latest Airport Satisfaction Study

Travelers flooded Hartsfield-Jackson International Airport on the busiest day of the Labor Day travel period, but the airport falls short in customer satisfaction. Here's a breakdown of the latest findings: Crowd Displeasure According to a recent J.D. Power study, Hartsfield-Jackson ranks 17th

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