Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Business •
08 Oct '24
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the
Business •
08 Oct '24
The State minister for Mineral Development, Ms Phiona Nymutoro, has directed that all artisanal and small-scale gold mining (ASGM) activities in Uganda be upgraded to new technologies that are mercury-free to ensure the protection of both human health and the environment. Speaking duri
Business •
08 Oct '24
The Uganda Bureau of Statistics (Ubos) has gone back to the drawing board to analyse the 2024 National Population and Housing Census report which was released on Thursday last week. Ubos pulled down the main census report from its website following public outcry over contradicting figure
Business •
08 Oct '24
The family of a Ugandan woman who died and was secretly buried in Saudi Arabia where she worked as a domestic maid was yesterday awarded Shs250 million in damages. High Court Justice Boniface Wamala directed Horeb Services Uganda, a labour export firm, and its managing director, Ezra Mug
Business •
07 Oct '24
Brazil President Luiz Inacio Lula da Silva, whose government is trying to stop a sports bets craze consuming household incomes, said on Sunday he will ban online betting if regulation does not cure "addiction" by bettors. Soccer-mad and bet-loving Brazilians have fallen hard for sports b
Business •
07 Oct '24
Transitioning from a corporate job to self-employment is bold and challenging. Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t
Business •
07 Oct '24
Leaders in Sebei Sub-region have expressed concern that elders, in collusion with village chairpersons, are undermining efforts to combat teenage pregnancies and early marriages by informally settling defilement cases. According to the police, about 60 defilement cases are reported month
Business •
07 Oct '24
The High Court issued a judgement over the issue of the service award, saying it was not a legal issue. What is your overall view on that? You read the reasoning of the court. It’s called the ratio decidendi in the legal language. The reasoning of the court dissects real issues from he
Business •
07 Oct '24
The National Council for Higher Education (NCHE) has said it will not recognise the academic credentials of at least 2,025 students who have been studying at the Iganga-based Busoga University. The university’s licence was revoked by the NCHE seven years ago for allegedly lacking quali