Search Results

Local contractors say bid qualifications requirements are unnecessarily high

Local contractors say bid qualifications requirements are unnecessarily high

At a glance, The Big We is a book that appears to spread the Ugafuturist-vision. But then you read the subtitle: “A Blueprint for Sustainable Growth of The Local Construction Industry in Uganda.” The author later clarifies that the BIG WE is an acronym for ‘Business Development, In

Ultimate Uganda

Uganda’s Tea Prices Reach $1.02 at Mombasa Auction

Uganda’s Tea Prices Reach $1.02 at Mombasa Auction

Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark

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

Ultimate Uganda

Makerere govt students up in arms over allowances

Makerere govt students up in arms over allowances

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

Ultimate Uganda

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

Ultimate Uganda

Job losses loom as Unra, URF tangle over rationalisation

Job losses loom as Unra, URF tangle over rationalisation

Controversy has continued to brew over the government’s Rationalisation of Agencies and Public Expenditure (Rapex) with the Uganda National Road Agency (Unra) and Uganda Road Fund (URF), the latest entities to show a stomach for fighting to the bitter end.

Ultimate Uganda

Postal services impacting everyday lives globally

Postal services impacting everyday lives globally

Every October 9, Uganda joins the rest of the world to celebrate Post Day. This annual event commemorates the establishment of the Universal Postal Union (UPU) in 1874 in Bern, Switzerland. World Post Day was declared at the UPU Congress in Tokyo, Japan, in 1969, and since then, countrie

Ultimate Uganda

Foreign reserves fall to all time low

Foreign reserves fall to all time low

High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa

Ultimate Uganda

At 62: Singapore innovates, Uganda struggles with waste

At 62: Singapore innovates, Uganda struggles with waste

The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,

Ultimate Uganda

Convenience and Safety Through Cashless Payments Uganda’s digital economy transition is accelerated by MTN MoMo’s innovative approach. By collaborating with platforms like School Pay, MTN MoMo has created a seamless payments marketplace where parents can pay school fees from ho

Ultimate Uganda