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NSSF savers to get 11.5% interest 

NSSF savers to get 11.5% interest 

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

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Ford Raptor: The king of off-road performance

Ford Raptor: The king of off-road performance

When you look at the Ford Ranger Raptor from the outside, one of the things you will notice is its wide body. The Ford Raptor has a built-in Ford engineering performance that sets it apart from the other Ford pick-up trucks. This, David Mukiibi, a car dealer, says partly explains why the Rap

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Ask the Mechanic: What should be in a car first aid kit?

Ask the Mechanic: What should be in a car first aid kit?

As far as I know the law insists all cars carry a first aid kit but does not stipulate what should be in it. So, aside from the law, what would you advise? JK Hello JK, even though the Ugandan law does not specify what should be in a car's first aid kit, I recommend including the fol

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Govt turns to domestic financiers to close gaps created by reduced external borrowing

Govt turns to domestic financiers to close gaps created by reduced external borrowing

The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom

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NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

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Govt suspends Jaguar buses for 10 days

Govt suspends Jaguar buses for 10 days

Uganda’s Ministry for works and transport has suspended operations of Jaguar buses for at least ten days effective September 12.The decision follows a road crash involving one of their buses, where eight lives w

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External Budget financing on the decline, says Kasaija

External Budget financing on the decline, says Kasaija

The Ministry of Finance, Planning, and Economic Development has said external financing for the National Budget is constantly on the decline.According to the ministry, this requires the government to strengthen do

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Uganda lost Shs30b to corruption in FY2023-24, says IGG

Uganda lost Shs30b to corruption in FY2023-24, says IGG

The Inspectorate of Government said Uganda lost at least Shs30 billion to the corrupt and registered about 2, 377 graft related complaints in the Financial Year 2023/24, the Ombudsman said on Monday.  Accor

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Nakaseke seeks govt opinion on sacking 20 head teachers

Nakaseke seeks govt opinion on sacking 20 head teachers

Authorities in Nakaseke District are yet to sack 21 primary school head teachers in Nakaseke District for using forged academic transcripts despite a recommendation by the Inspectorate of Government (IG), the Daily Monitor has learnt.

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Ugandan romance scammer wanted for conning S. African Policewoman of Shs 600M

Ugandan romance scammer wanted for conning S. African Policewoman of Shs 600M

South African police are hunting for a Ugandan man who allegedly conned a South African Police Service (SAPS) officer out of nearly R3 million (about 614 million) by feigning a romantic relationship.The suspect calls himself Dr. Kalvin SofikaThe su

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