The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their
At least 15,000 Muslim women in Busoga Sub-region under their respective Saccos are set to benefit from a Shs2 billion donation from President Museveni. The national chairperson Uganda Muslim Women Council (UMWC), an affiliation of Uganda Muslim Supreme Council (UMSC), Ms Sophie Safina K
The Ugandan government has presented a set of demands to the international community, including funding agencies, in response to the increasing burden of hosting refugees. Uganda currently hosts around 1.7 million refugees, straining the country’s resources as donor funding declines.
A sick soldier of the Special Forces Command (SFC) has been stuck in Germany for the last 11 years after he was flown there for specialised treatment. Sgt George Bende reportedly got involved in an accident while heading for a function by First Lady Janet Museveni in Kazo District in 199
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu
A report by the Ministry of Finance has indicated that works on critical infrastructure that seeks to connect all estates in the Kampala Business and Industrial Park, also known as the Namanve Industrial Park, remain far behind schedule less than a year to the planned completion date. Go
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj
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
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
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
