The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their
As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta
Manchester United have sacked manager Erik ten Hag, the Premier League club said on Monday, with the Old Trafford side 14th in the standings after nine games. "Erik ten Hag has left his role as Manchester United men’s first-team manager," the club said in a statement. "Ruud van Nis
Makerere University students are up in arms over management’s failure to remit allowances for the past three months, leaving many without food and accommodation. More than 5,000 sponsored students are supposed to receive allowances. However, information from the country’s top institution
Kampala Capital City Authority (KCCA) has said it is fast-tracking the development of a waste-to-energy plant in Ddundu, Mukono District. Mr Dan Muhumuza Niweabine, the KCCA head of public and corporate affairs, yesterday said Ddundu land would not be a “dumping site but a centre where
Three civilians from Ngora East Village, Paimol Sub-County in Agago District, who were shot dead by a Uganda People's Defence Forces (UPDF) soldier on October 20, 2024, were laid to rest on Wednesday. The deceased—Sunday Apio, 21; Santino Akidi, 47; and Florence Ajalo, 15—were all bu
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
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo
You seemed so focused in training businesswomen and entrepreneurs. Why is that so important to you?Uganda has been ranked by the Global Entrepreneurship Monitor as one of the most entrepreneurial countries in the world with 30 percent of Ugandans starting businesses annually. But not many of
