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50% of agribusiness loan requests rejected - BoU

50% of agribusiness loan requests rejected - BoU

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

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Tooro talent factory that keeps giving

Tooro talent factory that keeps giving

As you journey through the tranquil expanse of Kibale National Park, past picturesque Tooro tea plantations and rows of methodical trees near Fort Portal, an equally captivating sight welcomes you to the Tourism City. The 110-year-old Tooro Golf Club (TGC) lies on your right as you enter

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Ubos says still analysing 2024 census report, regrets error in results

Ubos says still analysing 2024 census report, regrets error in results

The Uganda Bureau of Statistics (Ubos) has gone back to the drawing board to analyse the 2024 National Population and Housing Census report which was released on Thursday last week. Ubos pulled down the main census report from its website following public outcry over contradicting figure

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Brazil to ban sports betting if 'addiction' not regulated

Brazil to ban sports betting if 'addiction' not regulated

Brazil President Luiz Inacio Lula da Silva, whose government is trying to stop a sports bets craze consuming household incomes, said on Sunday he will ban online betting if regulation does not cure "addiction" by bettors. Soccer-mad and bet-loving Brazilians have fallen hard for sports b

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From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

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Beleaguered Man United battle to 0-0 draw at Villa

Beleaguered Man United battle to 0-0 draw at Villa

Manchester United ground out a 0-0 draw at Aston Villa on Sunday in a Premier League game steeped in speculation about the future of the visitors' under-fire manager Erik ten Hag. The draw sends Unai Emery's team into the international break in fifth in the table on 14 points after seven

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Our returns are in their own orbit, says NSS boss

Our returns are in their own orbit, says NSS boss

As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow manages to look both formal and effortlessly cool. It’s a Sunday morning. Time check: 10.20 am. He pauses, scanning the r

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Museveni aide woos Czech investors to Uganda

Museveni aide woos Czech investors to Uganda

Senior presidential advisor on trade, Phillip Kakuru, has called upon investors from Czech Republic to consider investing in Uganda’s unexploited potential. Kakuru, who led a delegation of Ugandan business community and diplomats for the first Uganda-Czech business forum in Prague on O

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My boss, please forgive me, DP Gachagua asks President Ruto

My boss, please forgive me, DP Gachagua asks President Ruto

Deputy President Rigathi Gachagua, who is on the verge of being kicked out of office through impeachment, has appealed to his boss, President William Ruto, for forgiveness. Mr Gachagua on Sunday made a passionate appeal to Dr Ruto, saying while he was not aware of any transgressions, he

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'God save the Tsar!': Putin receives first wishes for 72nd birthday

'God save the Tsar!': Putin receives first wishes for 72nd birthday

 "God save the Tsar!" was one of the first public birthday wishes for President Vladimir Putin who turns 72 on Monday and who has been Russia's paramount leader for nearly quarter of a century. The greeting came from ultra-nationalist Russian ideologue Alexander Dugin on his Telegram me

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