A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
(Kampala) – The High Court has ordered the Ugandan government to pay 150 million shillings in damages to two journalists who were assaulted by Uganda Peopleâs Defence Forces (UPDF) soldiers while covering a protest in 2021. The compensation, awarded as UGX 75 million for each journalist, reco
(Buikwe) – Opposition leader Robert Kyagulanyi, commonly known as Bobi Wine, visited Buikwe District this week, continuing his National Unity Platform (NUP) countrywide tour while addressing his followers on the principles of justice, freedom, and resilience in Uganda. Wine emphasized his vision f
Japanese Princess Yuriko has died aged 101 after her health deteriorated recently, palace officials said.Yuriko was the wife of wartime Emperor Hirohitoâs brother and the oldest member of the imperial family. She died on Friday at a Tokyo hospital, the Imperial Household Agency said.
Lira, Uganda â Three hundred eighty-seven small-scale businesswomen from Lira City have benefited from a soft loan of 107 million shillings, disbursed by Hon. Betty Amongi Akena on Friday, November 15, 2024, at Senior Quarters, Lira City East Division.Jenifer Opio, a member of Hon. Betty Am
When doubts and suspicions arise in a relationship, they often bring confusion, worry, and even guilt. It may feel uncomfortable to confront your partner with concerns, especially if you are unsure whether they are valid. However, suppressing these feelings rarely resolves them and can lead
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
Uganda's Ministry of Gender, Labour and Social Development has issued a call to action, urging stakeholders and employers to join forces in promoting Occupational Safety and Health (OSH) and eliminating child labour. According to Acting Commissioner Occupational Health and Safety Departm
Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million
Uganda’s wait for a return to the Africa Cup of Nations is over. The Cranes needed just a point from their game against South Africa at Namboole on Friday to confirm qualification to the 2025 Afcon finals in Morocco. But they didn't have to wait that long as Congo fell to South Sudan
