Business •
20 Sep '24
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
Business •
20 Sep '24
The Pakistani Embassy has denied authorising the issuance of a diplomatic passport to the son of the former honorary consul of Pakistan in Uganda. About two weeks ago, the Minister of Internal Affairs, Maj Gen Kahinda Otafiire, pointed to the Pakistani Embassy as the authority that could
Business •
20 Sep '24
The Embassy of Japan on Thursday gave Uganda a grant of more than Shs1.3 billion to strengthen her emergency and disaster prevention systems. The funding is being availed under the Grassroots Human Security Projects (GGP), a scheme administered by the Embassy of Japan to support commu
Business •
20 Sep '24
Justice and Constitutional Affairs minister, Mr Nobert Mao, has warned that the state of democracy in Uganda is unsatisfactory and called on citizens to demand for better. Mr Mao made the comments yesterday at an event to mark the International Day of Democracy hosted by the Swedish emba
Business •
19 Sep '24
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
Business •
19 Sep '24
The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen
Business •
19 Sep '24
The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu
Business •
19 Sep '24
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
Business •
19 Sep '24
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
Business •
19 Sep '24
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