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NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

Ultimate Uganda

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

Ultimate Uganda

Time Magazine Names Standard Bank Among World’s Best Companies

Time Magazine Names Standard Bank Among World’s Best Companies

Kampala, Uganda – Stanbic Uganda’s mother company—Standard Bank Group, which is also Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisat

Ultimate Uganda

PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

Ultimate Uganda

PRIMEIs the EU coffee rule worthwhile?

PRIMEIs the EU coffee rule worthwhile?

The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz

Ultimate Uganda

Concerns mount over Senegal fiscal shortfalls ahead of election

Concerns mount over Senegal fiscal shortfalls ahead of election

Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17 parliamentary elections, analysts say. President Bassirou Diomaye Faye, just five months into the job, set the stage

Ultimate Uganda

PRIMENation left guessing on new Central Bank Governor for 970 days

PRIMENation left guessing on new Central Bank Governor for 970 days

The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said.  The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi

Ultimate Uganda

Janet to referee polls after dramatic NCHE power play

Janet to referee polls after dramatic NCHE power play

The Minister of Education and Sports, Ms Janet Museveni, has summoned vice-chancellors and senates of all public universities at State House to elect their representatives to the National Council for Higher Education (NCHE) on September 17. According to a letter written to the VC of one

Ultimate Uganda

Sober Mbabazi promises success on third stint

Sober Mbabazi promises success on third stint

As the old saying goes, 'a drunkard's journey may be long, but the wise eventually find their way.'Such is the case for one of the country's most tactical minds Livingstone Mbabazi, returning to the Mbarara City h

Ultimate Uganda

Kabarole raises alarm after HIV patients skip treatment

Kabarole raises alarm after HIV patients skip treatment

Kabarole District health officials report that a total of 298 people living with HIV/Aids have abandoned their antiretroviral therapy (ART) treatment, sparking concern over the high risk of continued transmission.

Ultimate Uganda