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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

10 Game of Thrones Scenes That Make Book Readers Furious

10 Game of Thrones Scenes That Make Book Readers Furious

The Game of Thrones television series made some large changes from the books. George R.R. Martin was only heavily involved in the first

Ultimate Uganda

Over 100 Ex-GOP Officials Endorse Harris—Here’s The Full List

Over 100 Ex-GOP Officials Endorse Harris—Here’s The Full List

ToplineMore than 100 former staffers and national security leaders from past Republican administrations endorsed Vice President Kamala Harris on Wednesday—adding to the growing list of Republicans speaking out against former President Donald Trump.

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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

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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

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BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex

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Bushenyi District Confirms Anthrax Outbreak, One Death Reported

Bushenyi District Confirms Anthrax Outbreak, One Death Reported

Health officials in Bushenyi district have confirmed an outbreak of anthrax disease after it claimed one person last week. Dr. Roberts Natukunda, the Bushenyi district Veterinary Officer, says that samples taken from five people suspected of eating a dead cow and sent to Entebbe tested positive for

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Netanyahu tells Iran nowhere in Middle East is out of Israel's reach as land invasion looms

Netanyahu tells Iran nowhere in Middle East is out of Israel's reach as land invasion looms

Israel warned Iran on Monday that nowhere in the Middle East was beyond its reach and hinted at a land invasion of Lebanon after assassinating the leader of the Tehran-backed Hezbollah group, one of its biggest adversaries, in a Beirut suburb last week. "There is nowhere we will not go t

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Energy officials tasked by Museveni to lower electricity rates

Energy officials tasked by Museveni to lower electricity rates

The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu

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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

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