A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
The renowned Nyege Nyege International Cultural Music Festival has commenced in Jinja City, bringing with it a vibrant atmosphere and economic potential. This ninth edition is being held at the Jinja Golf Course field, drawing both local and international attention. Jinja traders are eag
Commemorated on November 14 every year, World Diabetes Day unites global leaders, medical professionals, advocates, and communities to raise awareness and promote action against the growing epidemic. The 2024-2026 theme, "Diabetes and Well-Being," emphasises the importance of holistic self-c
President Joe Biden heads to South America this week for a curtain call with global leaders after over 50 years in U.S. politics, but the man he tried and failed to keep from returning to power is likely to be the focus of many meetings: incoming President Donald Trump. Biden will hold
The lively atmosphere at Hajj Hussein Ssengendo’s home in Masaka City’s suburb of Soweto, is a reflection of a man who has lived his life to the fullest. The home has all that an ageing senior citizen should have for life to move on. “At this age of 99, I actually have nothing
There’s outrage in Teso sub region, Eastern Uganda after one of the Uganda People’s Defence Forces (UPDF) representative in Parliament, Lt Gen Peter Elwelu, , demolished a revered Ongima initiation site in Usuk, Katakwi District. The site, also known as Airiget Ongima, held immens
Jinja-based Born Again pastors have joined Busoga East Diocese Bishop Paul Hannington Suubi to protest the hosting of the forthcoming Nyege Nyege Music festival in the area. The International Nyege Nyege Music Festival is scheduled for November 14 to 17 at the Jinja Golf Ground in Jinja
EXCLUSIVE: Susie Wiles was called to the podium by Donald Trump during his victory speech, apparently overcoming her considerable reticence in order to do so.Susie Wiles, the woman widely credited with bringing stability to
The theory that James Hewitt is Prince Harry's dad has been rumbling on for decades - but what's the evidence to suggest it is true and why do people keep talking about it?The rumours have been swirling for decadesThe long-standing speculation th
