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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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Israel pounds Lebanon, pressuring Hezbollah after killing its leader

Israel pounds Lebanon, pressuring Hezbollah after killing its leader

 Israel said it bombed Houthi targets in Yemen on Sunday, expanding its confrontation with Iran's allies in the region after killing the Hezbollah leader Sayyed Hassan Nasrallah on Friday in an escalating conflict in Lebanon. The airstrikes on Yemen's port of Hodeidah were in response t

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Authorities decry understaffing in Wakiso hospitals

Authorities decry understaffing in Wakiso hospitals

Authorities in Wakiso have decried understaffing and inadequate medical equipment in public health facilities in the district. The concern was raised on September 27 by Dr Mathias Lugoloobi, the officer in charge of Wakiso Health Centre IV, during commemoration of the 2024 World Patient

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Uganda unveils 600MW Karuma Hydropower Plant

Uganda unveils 600MW Karuma Hydropower Plant

A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B

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Starving Laborers Call for Help as World Bank Project Fails to Provide Food

Starving Laborers Call for Help as World Bank Project Fails to Provide Food

Grace Akello, Kiryadongo –  Twenty casual laborers working on a piped water extension project in Kiryadongo district are facing starvation after the contracted company failed to provide food. The project, funded by the World Bank through the Ministry of Water and Environment, aims to exten

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Government loans worth Shs13 trillion remain unutilised 

Government loans worth Shs13 trillion remain unutilised 

The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that

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Govt targets 25,000 people in new Ebola vaccination drive

Govt targets 25,000 people in new Ebola vaccination drive

The Ministry of Health has launched a comprehensive Ebola preventive vaccination campaign to safeguard vulnerable populations against the Ebola Virus Disease (EVD) after securing vaccines for 25,000 people. Mr Emmanuel Ainebyoona, the Ministry’s spokesperson said on Thursday the vaccinati

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Energy officials tasked by Museveni to lower electricity rates

Energy officials tasked by Museveni to lower electricity rates

The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu

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Govt plans to criminalise disrespect of elders

Govt plans to criminalise disrespect of elders

The government is planning to introduce a law that will ensure young people respect and take advice from older persons, a minister has said. State Minister for Older Persons Dominic Mafabi Gidudu said the law will ensure the restoration of values and respect of older persons that have be

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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