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High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

Ultimate Uganda

Sheebah Karungi: The singer turned entrepreneur – A look at her impressive investments

Sheebah Karungi: The singer turned entrepreneur – A look at her impressive investments

Today marks ‘Sheebah Karungi’s Day’ as she prepares to host her Nenyanzi Concert at Lugogo Cricket Oval to celebrate 15 years in the music industry.In a recent interview, Sheebah stated that 80% of her achievements in life have come from music, whil

Ultimate Uganda

Reduction in milk production causes butter scarcity 

Reduction in milk production causes butter scarcity 

A reduction in milk volumes by about 3.5 million litres per day has impacted key dairy by-products, among them butter production, according to stakeholders in both the dairy and supermarket value chains. Several supermarkets and consumers across Kampala have reported a shortage in butter

Ultimate Uganda

Busia leaders endorse creation of new district

Busia leaders endorse creation of new district

Thirty-five Busia District council members have passed a motion to create Lumino District. Busia District Speaker Charles Malowa Kudedi said the resolution came after 35 council members unanimously voted “yes” for the motion that seeks to carve Lumino District out of Busia District.

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Refugee girls in Uganda face unique threats – Amongi

Refugee girls in Uganda face unique threats – Amongi

Uganda's Minister of Gender, Labour and Social Development, Betty Amongi, has revealed that refugee girls face “unique threats”, including sexual violence exacerbated by the lack of access to education, healthcare, and protection. Speaking at the launch of Plan International's

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Pupils, teachers chase Kayunga school boss out of office

Pupils, teachers chase Kayunga school boss out of office

There was drama on Thursday morning at Nakatuli Primary School in Galilaaya Sub-county in Kayunga District when angry teachers and pupils attacked and chased the head teacher away from the public school over ineffectiveness. School management committee member Joel Kayira told Monitor t

Ultimate Uganda

Minister Katumba asks roadside vendors to vacate

Minister Katumba asks roadside vendors to vacate

The Minister of Works and Transport, Gen Edward Katumba Wamala, has warned roadside vendors about pedestrian walkways, urging them to vacate the areas to ensure smooth traffic flow.  He made this call during a monitoring exercise of the Najjanankumbi-Busaabala road works in Wakiso Distr

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SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives

SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives

Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community. The event held at Tuzza Hotel in Bushenyi brought together over 100 leaders from across the West Ankole Region,

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US ‘Welcome Corps’ Helps Resettle LGBTQ+ Refugees Fleeing Crackdowns Against Gay People

US ‘Welcome Corps’ Helps Resettle LGBTQ+ Refugees Fleeing Crackdowns Against Gay People

SAN FRANCISCO (AP) — Cabrel Ngounou’s life in Cameroon quickly unraveled after neighbors caught the teenager with his boyfriend. A crowd surrounded his boyfriend’s house and beat him. When Ngounou’s family learned of the relationship, they kicked him out. He fled — alone and with little mo

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Museveni wants law to regulate moneylenders

Museveni wants law to regulate moneylenders

President Museveni has vowed to crack down on exploitative money lenders, who he said take advantage of ignorant and desperate people . The President said his government would push for the enactment of a law to fight the vice. “Money lenders are becoming a problem. They go to our v

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