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NSSF savers to get 11.5% interest 

NSSF savers to get 11.5% interest 

Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen

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Driver Accused of Smuggling Prohibited Cigarettes Released on Bail

Driver Accused of Smuggling Prohibited Cigarettes Released on Bail

A driver facing serious charges related to the possession of prohibited goods has been granted bail. On September 25, 2024, Hussein Isabirye was released by the Anti Corruption Court in Nakasero, under the authority of Chief Magistrate Joan Aciro. The court set Isabirye’s bail at sh4 million, with

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Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

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

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UNHCR calls for long-term solutions for Uganda’s refugees

UNHCR calls for long-term solutions for Uganda’s refugees

The United Nations High Commission for Refugees (UNHCR) Country Representative, Mr Matthew Crentsil, has expressed optimism that the refugee response in Uganda will be funded amid mounting concern of unprecedented shortfalls in funding. Mr Crentsil said while there was heightened apprehe

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Where are Uganda’s green jobs?

Where are Uganda’s green jobs?

Resty Namata began her career at Kiteezi Landfill as a sorter earning about Shs7,000, and eventually advanced to a picker, earning at least Shs10,000 daily. But more than half of the workers are women, who turn to this refuge to cope with socio-economic challenges."We are 600 women out of ab

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Panic as Mineral Police Hunt for Karamoja Mineral Inspector, Dead or Alive

Panic as Mineral Police Hunt for Karamoja Mineral Inspector, Dead or Alive

Moses Lokiru, Moroto – The mineral inspector of Karamoja, Mr. Gerald Eneku, is currently facing intense threats to his life from police officers attached to the mineral unit in Karamoja. On Sunday, Mr. Eneku narrowly escaped an assassination attempt by disgruntled mineral police officers wh

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Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the oversea market, according to the Uganda Coffee Development Authority (UCDA). The monthly UCDA coffee report for August r

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Medicare Advantage Costs Soar in 2025 with Big Changes Ahead

Medicare Advantage Costs Soar in 2025 with Big Changes Ahead

Seniors across the nation are bracing for significant changes to their Medicare Advantage costs in 2025 as major updates are on the horizon for prescription plans. New Cost Caps and Premium Increases Medicare Advantage and Part D plans are in for a transformation that could have both positive an

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President Museveni, 20 African Kings Expected at Lango Paramount Chief’s Coronation

President Museveni, 20 African Kings Expected at Lango Paramount Chief’s Coronation

President Yoweri Kaguta Museveni is expected to be the Guest of Honor during the coronation of Won Nyaci elect Eng. Dr. Moses Michael Odongo Okune, slated for November 2, 2024, at the Mayor’s Garden in Lira City, Lango sub-region, Northern Uganda. The spokesperson of the Lango Cultural Inst

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Why Increasing Gas Taxes is Vital for the Future of Infrastructure Development

Why Increasing Gas Taxes is Vital for the Future of Infrastructure Development

The recent drop in oil prices has presented a unique opportunity for governments to boost their revenue through higher gas taxes. The Case for Higher Gas Taxes It's undeniable that fuel taxes have remained stagnant for a considerable amount of time. Advocates for higher gas taxes, including promine

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