Business •
14 Oct '24
The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer
Business •
14 Oct '24
Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, will produce medications for infectious and non-communicable diseases, to add to its HIV and anti-malarial drugs. Mr
Business •
13 Oct '24
Wooden houses can position Uganda for a sustainable future by addressing the housing crisis through cost-effective, eco-friendly construction, reducing carbon emissions, and promoting responsible timber sourcing. Modern wooden construction is revolutionising the housing market as a sus
Business •
12 Oct '24
A leading African music platform has announced that it is now prioritising hyperlocal markets to enhance the reach and impact of both its artistes and advertisers, focusing on tailored content in key regions across the continent. “This approach has led to specific content development i
Business •
11 Oct '24
Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an
Business •
09 Oct '24
The Uganda National Examinations Board (UNEB) has sounded an alarm after a significant number of Senior Four candidates risk being ungraded due to their schools’ failure to submit continuous assessment scores. Data from UNEB reveals that only 56% of the 4,166
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
09 Oct '24
As Uganda marks 62 years of flag Independence today, the vibrant civic society we once hoped would shape our shared life after the Union Jack was lowered remains elusive to this day. The answer to a seemingly simple question, that is: who exactly are we, is not quite forthcoming. Often
Business •
09 Oct '24
Mpox cases have hit 24 in Nakasongola, up from 18 reported on October 3, prompting the district authorities to ban prison visits. The district accounts for nearly half of the country’s Mpox case load since the disease was confirmed on July 24. “The mode of spread is largely by co
Business •
08 Oct '24
FILE - Taylor Swift attends the 2024 MTV Video Music Awards at UBS Arena on Sept. 11, 2024, in Elmont, New York. (Photo by Dimitrios Kambouris/Getty Images)NEW YORK -