A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B
When Linda Namugerwa, a landlord in Nakawa, Kampala, rented a two-bedroom house to a family of five, she didn’t anticipate the challenges that would arise. The family soon brought in additional relatives, swelling the total number of occupants to nine. Within a few months, the incr
Nissan’s big-selling, mid-sized sport utility vehicle (SUV) gets a few choice changes in the latest edition, though nothing that would scare a current Qashqai buyer, of which there have been some four million since the first one appeared in 2007. This third generation arrived back in 2
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
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
The Kiteezi landfill tragedy is a few days shy of a two-months anniversary. The grief is still too raw for survivors and bereaved families. The gut-wrenching calamity befell residents of Kiteezi in Wakiso District on August 10, claiming the lives of more than 35 people and destroying pro
California Governor Gavin Newsom recently signed Assembly Bill 2747, offering a financial boost to renters who maintain timely rental payments. New Legislation for Positive Credit Reports Landlords in California will now have the option to report positive rental payment information to credit bur
Six Of Nine Earth Planetary Health Boundaries Have Been Broken – And There's More To ComeNew Assessment Reveals Critical State of Earth's Planetary Health In a groundbreaking study conducted by scientists at the Potsdam Institute for Climate Impact Research (PIK) in Germany, it has been re
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
