Movement on the Kampala-Gulu highway was on Monday paralysed following the total closure of Karuma Bridge that links northern Uganda, South Sudan and DR Congo. The government closed the defective 61-year-old bridge to pave the way for its reconstruction, which is expected to take three m
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms. The move creates a new dimension, in which assets under management - especially by ins
Sean "Diddy" Combs used his fame as one of hip-hop's biggest names to coerce women into demeaning sexual acts as part of a long-running scheme of sex trafficking and racketeering, prosecutors said on Tuesday in bringing three criminal charges against him. Combs, 54, pleaded not guilty in
Teachers in Namutumba District are appealing to the government for scholarships to pursue degrees. In 2019, the government introduced a transformative teacher policy that phased out lower qualifications, mandating that all teachers, from nursery to primary levels, hold a Bachelor's degre
Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi
"Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs "Chipotle, the popular Mexican fast-food chain, is taking a significant step to address customer complaints about inconsistent food portions and rising costs. The company is now testing innovative robots at sel
Mushroom growers in Kampala metropolitan area have appealed to President Yoweri Kaguta Museveni to assist them acquire a collection centre for easy market access and value-addition materials to enable them increase their income base. Princess Nassolo Pauline, a Senior Presidential Advisor- El
Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease. Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call
The Aga Khan Development Foundation (AKDF) Uganda launched its Micro-Forests Project at Nakasero Primary School on Tuesday, as part of the broader East Africa Climate Resilience Initiative 2024.Speaking at the lau
In a world where financial realities can easily get buried under mounting credit card debt, one mother, Jenny Bauman, found herself deep in the trenches of debt accumulation. Living in a Bubble: Bauman, 45, enjoyed the comfort of a 3.75% mortgage while grappling
