Business •
09 Oct '24
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. During the inaugural Muslim Women’s Conference, held at Old Kampala Secondary School grounds, Museveni promised to deliver Shs1 billi
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
09 Oct '24
Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi
Business •
09 Oct '24
Mozambique votes on Wednesday in a tense general election highly likely to deliver victory to the ruling party, Frelimo, which has governed the Southern African nation since 1975. Four candidates are vying to replace President Filipe Nyusi, who is stepping down after serving two terms. T
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09 Oct '24
Kamuli District Local Government has, in partnership with child-centered organisations, passed the Child Protection Bill (2024). The district LC5 chairman, Maxwell Kuwembula, said the ordinance will be used to protect children from any act of marriage and child labor in the community.
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08 Oct '24
FILE - Taylor Swift attends the 2024 MTV Video Music Awards at UBS Arena on Sept. 11, 2024, in Elmont, New York. (Photo by Dimitrios Kambouris/Getty Images)NEW YORK -
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08 Oct '24
Women activists in the land sector have urged the government to implement reforms in land management to better protect women’s rights to land ownership and usage. As the Ministry of Lands, Housing and Urban Development intensifies land reforms through its Program Implementation Action
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08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
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08 Oct '24
Rwanda has overtaken Kenya as Ugandaâs biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine months to September, Rwanda took 35.3 percent or 39.3 tonnes of sugar out of the 111.1 tonnes Uganda exported to the EAC Common
Business •
08 Oct '24
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the