Business •
02 Oct '24
MPs were left in shock after learning that the Uganda People’s Defence Forces (UPDF) mismanaged Shs29.8 billion allocated in August 2022 for a food production initiative aimed at addressing food insecurity caused by the COVID-19 pandemic and the Russia-Ukraine
Business •
01 Oct '24
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option
Business •
01 Oct '24
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€
Business •
01 Oct '24
Few statements are as loosely used as ‘new era or a new dawn’. We are such a positive society that we celebrate almost every change. Our hope is never diminished by failure or history. The future is bright, so goes the motto of many schools. Across many spheres of our socie
Business •
01 Oct '24
Joint Security Forces in Kaabong District are investigating the circumstances under which a UPDF private allegedly shot himself at Korimong Guest House. Pte David Wabule from the 45 Infantry Battalion based in the restive mineral-rich Karamoja sub region had traveled to Kaabong Town from
Business •
01 Oct '24
Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline i
Business •
01 Oct '24
An ambulance belonging to the Ministry of Health, Reg. No. UG 6738M, now sits helplessly trapped in a drainage channel along the bustling Mukwano Road.According to Daily Monitor, the vehicle, once a beacon of emer
Business •
30 Sep '24
On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi
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 •
30 Sep '24
Namusa-Gali, was a phrase used to mean greeting the train when the railway had just been constructed. Then, a small town along the Nile in Kamuli was a railway station; it is believed that the phrase Namusa-gali was used to coin the town’s name, later known as Namasagali. This name, it is