Business •
11 Oct '24
Yesterday, Uganda celebrated its 62nd independence anniversary, a time that always fills me with nostalgia for the more innocent days of my childhood. Those celebrations seemed more vibrant and highbrow back then, sparking a sense of wonder that I cannot quite put into words. I cannot
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
This yearâs Independence Day, celebrated yesterday, is more special than usual. Although the British declared Buganda a protectorate of the crown in 1894, it was not until the defeat of Omukama Kabalega of Bunyoro in 1899 that a tipping point in the subjugation of the existing pre-colon
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
The government has identified a Ghanaian investor to address the Kiteezi landfill crisis. The investor, Dr Joseph Sian Agyepong, was officially handed control of the 36-hectare landfill on October 8. This decision follows the tragic August 10 incident in Wakiso District, where a massive
Business •
09 Oct '24
The Ugandan government has entered into a partnership with Ghana’s Jospong Group of Companies to recycle waste that has accumulated at Kiteezi landfill in Wakiso District over the past 28 years. The collaboration aims to address Kampala’s long-standing waste management issues by rehabilitating t
Business •
09 Oct '24
A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons
Business •
09 Oct '24
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. During the inaugural Muslim Women’s Conference, held at Old Kampala Secondary School grounds, Museveni promised to deliver Shs1 billi
Business •
09 Oct '24
Kenyan President William Ruto is facing growing pressure to publicly explain the reasons behind his fallout with his deputy, Rigathi Gachagua. Allegations against Gachagua, which led to an attempt by parliamentarians to remove him from office, are reportedly not new in Kenya’s political landscape.
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa