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
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the
Health education Nowadays, emergency contraceptive pills (ECPs) are increasingly being used as “a daily meal” by young women, especially in universities, as a means to prevent unintended pregnancies. These pills are designed to prevent pregnancy after unprotected sex, typically within
The government has decided to fly the body of the late Rev Fr Damian Grimes, the former long-serving head teacher of Namasagali College from the United Kingdom back to Uganda ahead of burial at the weekend. According to the tentative burial program released by the alumni of Namasagali C
A senior lawyer and former Uganda Law Society (ULS) president accused of stealing over Shs4.1 billion meant for war loss compensation to Busoga Growers Cooperatives has withdrawn his applications that had sought to dismiss the charges against him. Mr John Matovu 62, of M/S Matovu & Matov
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
The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba's conduct on social media became a subject of debate on the floor of Parliament on Tuesday as opposition MPs called for disciplinary action and a House probe for engaging in partisan politics. The 50-year-old First Son on Saturda
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
Fionah Auma, not real name, a resident of Busia District, was in 2019 chased from her husband's home by her in-laws after he died of hepatitis B. Auma says her in-laws claimed she had no right to stay at their late brother's home because she had not borne him children. Smarting with
The Deputy Speaker of Parliament, Mr Thomas Tayebwa, has commended the government of China for contributing to the development of Uganda. Mr Tayebwa said the two countries have continued to enjoy and consolidate the good relations in diverse fields, including political, technical, invest
