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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

Ultimate Uganda

Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€

Ultimate Uganda

Strength training is key for overall health

Strength training is key for overall health

If you had to choose between a food voucher that provides you with a three-month nutrition plan and free access to a state-of-the-art gym for three months, what would you choose? I have a feeling that many people would go for the nutrition voucher. The thought of going to the gym can be quit

Ultimate Uganda

Peeling the nutritional power of onions

Peeling the nutritional power of onions

In the world of nutrition, the humble onion is often overshadowed by flashier superfoods. However, this everyday kitchen staple is a potent ally for health and wellness. From boosting heart health to enhancing immune function, onions offer a range of benefits that are hard to ignore. Amanda

Ultimate Uganda

Uganda receives first batch of pipes for crude oil project

Uganda receives first batch of pipes for crude oil project

Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project developers’ intent to fast track the laying and construction of the cross-border pipeline i

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

Ultimate Uganda

Authorities decry understaffing in Wakiso hospitals

Authorities decry understaffing in Wakiso hospitals

Authorities in Wakiso have decried understaffing and inadequate medical equipment in public health facilities in the district. The concern was raised on September 27 by Dr Mathias Lugoloobi, the officer in charge of Wakiso Health Centre IV, during commemoration of the 2024 World Patient

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Government loans worth Shs13 trillion remain unutilised 

Government loans worth Shs13 trillion remain unutilised 

The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that

Ultimate Uganda

More than half of employers on NSSF register are not active 

More than half of employers on NSSF register are not active 

Only 26.2 percent of employers registered with the National Social Security Fund are active, according to the NSSF managing director Patrick Ayota. The details above mean that the majority of companies and organisations on the Fund’s register, which stands at least 73.8 percent are

Ultimate Uganda

Govt plans to criminalise disrespect of elders

Govt plans to criminalise disrespect of elders

The government is planning to introduce a law that will ensure young people respect and take advice from older persons, a minister has said. State Minister for Older Persons Dominic Mafabi Gidudu said the law will ensure the restoration of values and respect of older persons that have be

Ultimate Uganda