Business •
09 Oct '24
The Muhaire Education Trust Fund (METF) has called upon well-wishers and philanthropists to join it in funding the education of needy students across the country. Speaking to Daily Monitor yesterday, Dr William Tsimwa Muhairwe, the founder of METF, said this year the organisation was onl
Business •
09 Oct '24
Ugandans studying in India have highlighted the need for economic independence and noted that one way of achieving this is by embracing local produce. This was on October 9 during Uganda's Independence Day celebrations at Marwadi University in India. Dr Derrick Ssebaduka, the preside
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09 Oct '24
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
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09 Oct '24
President Museveni has guaranteed to give Shs 2 billion to the Savings and Credit Cooperative Organisation (SACCO) of the womenâs council affiliated to the Uganda Muslim Supreme Council (UMSC), the governing body of Muslims in the country. The money is geared towards backing the eco
Business •
08 Oct '24
Amidst all the news of corruption, misuse of public funds, incoherent census result numbers, disease outbreaks, war and deaths, the media, regardless of the perception of it being a harbinger of bad news, manages to deliver some rays of hope in form of positive happy-ever-after stories every
Business •
08 Oct '24
How old were you in 1962? I was 14 and I was very lucky because I happened to have been raised in Katwe (a suburb in Kampala), so I walked to Kololo Airstrip where the Union Jack was to be lowered for the last time in Uganda at midnight. Everybody was excited. I witnessed the arrival
Business •
08 Oct '24
In a tale of two lifestyles and mixed fortunes, some richer Ugandans are dying earlier while their poorer counterparts are living longer. Our analysis of two separate reports from Uganda Bureau of Statistics (Ubos) and another from the World Bank show that people in regions with high pov
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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
According to the National Library of Medicine, research, biomedical informatics and the world's largest biomedical online library, the Covid-19 imposed restrictions led to an inevitable surge in the use of digital technologies to adjust to new ways of interaction, life, and work. For U
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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