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09 Oct '24
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher inflation in Uganda. Inflation has decelerated but Bank of Uganda noted in its Monetary Policy Report that the above and ot
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19 Sep '24
The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen
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18 Sep '24
A new climate report has shown that Uganda has been steadily warming for the past 40 years to date. The report released by the Uganda National Meteorological Authority (UNMA) looks at Uganda’s climate from 1950-2023, where Uganda has been warming at the rate of around 2.6 degrees Celsi
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18 Sep '24
(Kampala) – The Uganda Revenue Authority (URA) has reported a surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent
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18 Sep '24
In the wake of the ICC Men's Cricket World Cup Qualifiers, Uganda is set to take on Papua New Guinea (PNG) in a four-match bilateral series, renewing a rivalry forged on the world stage. This series, starting Wednesday and to hosted at the picturesque Entebbe Oval, promises an exciting
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18 Sep '24
"Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs "Chipotle, the popular Mexican fast-food chain, is taking a significant step to address customer complaints about inconsistent food portions and rising costs. The company is now testing innovative robots at sel
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17 Sep '24
Briefly tell us about yourself.I have been the chief executive officer of Uganda Hotel Owners Association (UHOA) for the last eight years. I started as the first female CEO of this association. When I took over, I was the youngest person to hold this position.We started the association with
Business •
17 Sep '24
Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17 parliamentary elections, analysts say. President Bassirou Diomaye Faye, just five months into the job, set the stage
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16 Sep '24
Douglas Ngobi could never have imagined that the joyous news of his first born's birth would one day end in the heartbreak of burying him.Forty-four years later, the retired educationist bid a final farewell to hi
Business •
09 Sep '24
Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.