Search Results

Govt pushes for mercury free options for artisanal miners

Govt pushes for mercury free options for artisanal miners

The government has renewed its call to phase out the use of mercury among Artisanal and Small-Scale Gold Miners (ASGM), citing severe health risks and environmental pollution. Phiona Nyamutoro, Minister of State for Energy and Mineral Development (Minerals), emphasized the urgency of thi

Ultimate Uganda

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim

Ultimate Uganda

Twin fires deal Kalangala heavy blow

Twin fires deal Kalangala heavy blow

The first fire, whose cause is still under police investigation, destroyed more than 70 semi-permanent houses on Tuesday. A second fire, believed to have been sparked by remnants of the initial blaze, left more than 120 residents without shelter. The affected families are now camping in

Ultimate Uganda

IGG recovers Shs2.3b in confiscated assets of thieving public officials

IGG recovers Shs2.3b in confiscated assets of thieving public officials

The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann

Ultimate Uganda

Ugandans living longer - census report

Ugandans living longer - census report

The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate

Ultimate Uganda

High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

Ultimate Uganda

Never feel bad about being single

Never feel bad about being single

We are about to enter the holiday season, where the court of public opinion will have you believe that it is the worst time to be single. Contrary to what most people may believe, it may very well be the best time to be single. Every year around the holidays, I look at my friends in rela

Ultimate Uganda

Reduction in milk production causes butter scarcity 

Reduction in milk production causes butter scarcity 

A reduction in milk volumes by about 3.5 million litres per day has impacted key dairy by-products, among them butter production, according to stakeholders in both the dairy and supermarket value chains. Several supermarkets and consumers across Kampala have reported a shortage in butter

Ultimate Uganda

Museveni wants law to regulate moneylenders

Museveni wants law to regulate moneylenders

President Museveni has vowed to crack down on exploitative money lenders, who he said take advantage of ignorant and desperate people . The President said his government would push for the enactment of a law to fight the vice. “Money lenders are becoming a problem. They go to our v

Ultimate Uganda

Digital transformation is a catalyst for business growth

Digital transformation is a catalyst for business growth

Last month, I had the pleasure of attending the MTN ICT Expo at Mestil Hotel in Kampala. This event was an incredible gathering of customers, experts, and thought leaders, all exploring how digital transformation is shaping various sectors like health, education, banking, ICT, and even the p

Ultimate Uganda