Business •
26 Sep '24
The trial of Molly Katanga, accused of murdering her husband, businessman Henry Katanga, will resume today, September 26, at the High Court in Kampala. Molly, along with her daughters Patricia Kakwanza and Martha Nkwanzi, is facing charges related to the killing. They are joined by George Amanyire,
Business •
26 Sep '24
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
Business •
26 Sep '24
Alison Mary Akello, the former Miss Tourism Teso, departed Uganda on Saturday, heading to Lagos, Nigeria, where she will represent the country at the Miss Tourism Africa – International (MTA) competition. Akello, who handed over her crown in August to the newly crowned Miss Tourism Teso, Betty Aca
Business •
26 Sep '24
The Uganda Tourism Association (UTA) has appointed Muhereza Kyamutetera as its new Chief Executive Officer, effective October 1, 2024. Kyamutetera’s appointment comes at a critical moment for Uganda’s tourism sector as it continues to recover from the significant disruptions caused by the COVID-
Business •
25 Sep '24
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
Business •
25 Sep '24
A citizen has sued the government, challenging the alleged move to relocate Luzira Prison to Buikwe District in a bid to pave the way for a commercial investment. Mr Deus Arinaitwe has sued the Attorney General (AG), who is the chief legal adviser of the government, seeking orders and de
Business •
25 Sep '24
The United Nations High Commission for Refugees (UNHCR) Country Representative, Mr Matthew Crentsil, has expressed optimism that the refugee response in Uganda will be funded amid mounting concern of unprecedented shortfalls in funding. Mr Crentsil said while there was heightened apprehe
Business •
25 Sep '24
Political pilgrims seeking to enter the Promised Land of elected office have been left wandering in the desolate desert of uncertainty after their guide returned to base. For some of his followers in the Patriotic League of Uganda (PLU), the declaration by Gen Muhoozi Kainerugaba, who is
Business •
24 Sep '24
The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea
Business •
24 Sep '24
The Daily Monitor story about the plight of a two-year-old toddler, who was defiled by her 18-year-old uncle, has attracted more support after well-wishers who read the article came out to help her get medical attention. The September 18 story, under the headline, âMagistrate halts