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80% of business leaders not ready for AI, says KPMG

80% of business leaders not ready for AI, says KPMG

The 2024 KPMG CEO Outlook on preparedness to integrate Artificial Intelligence (AI) into their workspaces, shows that 80 percent of business leaders are not ready to invest in AI.  The outlook, which interviewed 50 business leaders across East Africa, indicates that 80 percent of leader

Ultimate Uganda

Uganda shilling strengthens against dollar - BoU

Uganda shilling strengthens against dollar - BoU

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

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VIDEO: New details of how govt slept on job ahead of Kiteezi dumpsite collapse

VIDEO: New details of how govt slept on job ahead of Kiteezi dumpsite collapse

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

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Why Black Friday is becoming a calendar event in Uganda

Why Black Friday is becoming a calendar event in Uganda

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

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Parliament summons Finance, AG over Roko’s Shs260b bailout

Parliament summons Finance, AG over Roko’s Shs260b bailout

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

Ultimate Uganda

Collaborate for strong SME communities

Collaborate for strong SME communities

Among many other skills and initiatives, networking and collaboration have emerged as essential strategies for Small and Medium-sized Enterprises (SMEs) to foster growth and enhance their visibility while actively engaging with their clients. Networking can be defined as the process of estab

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Explained: Young Ugandans prone to death by suicide

Explained: Young Ugandans prone to death by suicide

The National Population and Housing Census 2024 report shows that Uganda has recorded 272,271 suicidal thoughts and attempts in the last 10 years, with children of 10 to 14 years registering the highest number of cases at 39,656. These are followed by those aged 15 to 19 registering 36,6

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Using prosthetic bras can boost survivor confidence

Using prosthetic bras can boost survivor confidence

More than 80 percent of women seeking treatment for breast cancer in Uganda are diagnosed at a late stage of the disease. According to Global Cancer Statistics 2022, breast cancer accounts for about 23.3 percent of all cancers in women, making it the second most common cancer among women in

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Namanve industrial park road works remain at 51% less than a to end of project

Namanve industrial park road works remain at 51% less than a to end of project

A report by the Ministry of Finance has indicated that works on critical infrastructure that seeks to connect all estates in the Kampala Business and Industrial Park, also known as the Namanve Industrial Park, remain far behind schedule less than a year to the planned completion date. Go

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In cutting trees, KCCA has denied birds warm nests

In cutting trees, KCCA has denied birds warm nests

On October 14, Kampala Capital City Authority (KCCA) shamelessly ordered the cutting of trees in the city centre occupied by breeding and roosting colony of the Cattle Egrets. Why? Some say it is to aid signalisation of the roads.  The cattle keepers in Uganda would understand the criti

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