Business •
25 Sep '24
In a surprising turn of events, several top officials from the Kampala Capital City Authority (KCCA), including Executive Director Dorothy Kisaka, were recently dismissed from their positions, marking a significant shakeup in the city’s administration.
However, according to the Minister of
Business •
25 Sep '24
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
Business •
25 Sep '24
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the
Business •
25 Sep '24
The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba's conduct on social media became a subject of debate on the floor of Parliament on Tuesday as opposition MPs called for disciplinary action and a House probe for engaging in partisan politics. The 50-year-old First Son on Saturda
Business •
24 Sep '24
The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea
Business •
24 Sep '24
The Daily Monitor story about the plight of a two-year-old toddler, who was defiled by her 18-year-old uncle, has attracted more support after well-wishers who read the article came out to help her get medical attention. The September 18 story, under the headline, âMagistrate halts
Business •
24 Sep '24
Ugandan farmers and exporters have been urged to adopt a new digital traceability system, to enhance the tracking of fresh produce from farms to Entebbe International Airport. The developers of the system, Re-engineering of Uganda's Sanitary and Phytosanitary Inspection of Horticulture E
Business •
24 Sep '24
The Deputy Speaker of Parliament, Mr Thomas Tayebwa, has commended the government of China for contributing to the development of Uganda. Mr Tayebwa said the two countries have continued to enjoy and consolidate the good relations in diverse fields, including political, technical, invest
Business •
24 Sep '24
Fufa Vice President Justus Mugisha has stressed the importance of upgrading football pitches across the club homes noting that pitch improvement is crucial for developing football talent. Speaking at the 11th Annual General Meeting (AGM) of Fufa Super League Limited, held at HB Hotel in
Business •
24 Sep '24
Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87 (Shs3,200) in August. The recent auctions at the Mombasa Tea Auction, closing on September 17, revealed a notable incr