Business •
11 Oct '24
Yesterday, Uganda celebrated its 62nd independence anniversary, a time that always fills me with nostalgia for the more innocent days of my childhood. Those celebrations seemed more vibrant and highbrow back then, sparking a sense of wonder that I cannot quite put into words. I cannot
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
Business •
11 Oct '24
This yearâs Independence Day, celebrated yesterday, is more special than usual. Although the British declared Buganda a protectorate of the crown in 1894, it was not until the defeat of Omukama Kabalega of Bunyoro in 1899 that a tipping point in the subjugation of the existing pre-colon
Business •
11 Oct '24
US President Joe Biden has postponed his trip to Germany and Angola, potentially ending the excitement surrounding what would have been his maiden trip to Africa since he took power. The White House on Tuesday confirmed the grapevine that had swirled on social media networks over the pas
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
In a clash reminiscent of two neighbors vying to prove who is king of the hill, Uganda finds itself under the spotlight with everything to play for. As they host the group’s underdogs south Sudan on Friday at Namboole Stadium, there is no room for error and no second chances; it is a
Business •
11 Oct '24
The parties to the South Sudan High-Level Mediation in Nairobi, often referred to as the holdout groups, are expected to sign the final agreement in November following the completion of nine protocols on key agenda items. The revelations from the mediation team signal a revival of the fi
Business •
10 Oct '24
The United Kingdom (UK) has announced a significant contribution of up to £1 million (approximately UGX 4.8 billion) to support Uganda's response to the ongoing Mpox outbreak. According to the British High Commission in Kampala, this funding will be channelled through Baylor College o
Business •
09 Oct '24
In a developing diplomatic showdown, the United States of America envoy to Uganda, William Popp, is scheduled to meet with President Yoweri Museveni at State House in Entebbe this Thursday.The meeting comes in the