Business •
30 Sep '24
Gen Muhoozi Kainerugaba’s social media posts are an interesting vantage point from which to see the inner workings of the National Resistance Movement (NRM) political and military state. Political hangers-on shower praises on him. Cabinet ministers dutifully wish him a happy birthday o
Business •
30 Sep '24
District leaders in eastern Uganda’s Katakwi District have expressed concern over the rising prevalence of gender-based violence (GBV) among marrieds and teenagers. A recent study by the Center for Health, Human Rights, and Development (CEHURD) conducted in Teso and Karamoja sub-region
Business •
30 Sep '24
First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA). After, Erias Lukwago, the City Lord Mayor, went lyrical, singing his heart out after the exit of his biggest nemesis at the City Hall. When M
Business •
28 Sep '24
A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one area in Darfur into famine. WHAT TRIGGERED THE VIOLENCE? Tensions had been building for months before fighting betw
Business •
28 Sep '24
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B
Business •
27 Sep '24
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
Business •
27 Sep '24
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
Business •
25 Sep '24
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
Business •
25 Sep '24
Sudanese former leader Omar al-Bashir has been transferred from Sudan's war-ravaged capital to the northern town of Merowe for medical treatment, his lawyer said on Tuesday. The 80-year-old, jailed along with allies after being overthrown in a popular uprising in 2019, had been taken to
Business •
23 Sep '24
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms. The move creates a new dimension, in which assets under management - especially by ins