Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
MTN Uganda, through its corporate social responsibility arm, MTN Foundation, is excited to announce its latest initiative to boost digital access and education at St. Josephâs Seminary Nyenga. As part of its commitment to empowering youth and bridging the digital divide, MTN Uganda is p
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo
The Government Chief Whip, Mr Hamson Denis Obua, has vowed to front a solid team to ensure that the National Coffee (Amendment) Bill, 2024, is endorsed to pave the way for the rationalisation of the Uganda Coffee Development Authority (UCDA). Mr Obua insists that the position on the Bill
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
Black Friday in developed economies such as the United States has since become a calendar event in several countries across the globe, especially Africa. This year it will kick off November 29, unofficially marking the start of the Christmas shopping season not only in the United State
National Insurance Corporation (NIC) Club Manager Jocelyn Ucanda was declared the new Netball Uganda president in a general assembly held in Lugogo on Saturday. Ucanda and four other executive members including the first vice president administration William Bwambale, second vice presi
Mustafa Kizza became the latest Ugandan player to find a new home abroad after joining Egyptian second-division side Telecom. However, his transfer follows a trend that should raise a concern within the local football ecosystem. Kizza’s transfers have been both interesting and controve
The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has been pumped into Atiak Sugar Factory was utilised, saying there is little to nothing on ground to show for the money. Fo
Because it is the Pearl of Africa!" International Olympic Committee (IOC) President Thomas Bach put his reasons for visiting Uganda quite succinctly after he touched down at Entebbe International Airport on Tuesday. Bach, clad in a white shirt and grey pants, touched down at around
