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Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

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

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Kayunga district councilors query ‘unclear’ appointment of 30 extra teachers

Kayunga district councilors query ‘unclear’ appointment of 30 extra teachers

Kayunga District councilors have called for an investigation into what they described as unclear circumstances under which 62 primary school teachers were interviewed and given appointment letters yet the district officials had advertised 32 vacancies. During the district council meeting

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UNHCR calls for long-term solutions for Uganda’s refugees

UNHCR calls for long-term solutions for Uganda’s refugees

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

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Chapter 8: The girl child has seen days

Chapter 8: The girl child has seen days

Previously on The Girl Child Has Seen Days…. The Kyayisewas have decided that they have to fire GC after she threw Edith’s clothes in the garbage. But GC doesn’t know this. She clocked out and went out partying before the news could be delivered.  Now it is time to face the boss…Fi

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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‘We are proof that cancer can be cured’

‘We are proof that cancer can be cured’

Despite significant medical advancement globally, cancer continues to be a leading cause of death among children in Uganda. The complexities of diagnosis, treatment and access to care reveal a crisis that demands attention and action. The Uganda Cancer Institute (UCI) registers approxima

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President Museveni, 20 African Kings Expected at Lango Paramount Chief’s Coronation

President Museveni, 20 African Kings Expected at Lango Paramount Chief’s Coronation

President Yoweri Kaguta Museveni is expected to be the Guest of Honor during the coronation of Won Nyaci elect Eng. Dr. Moses Michael Odongo Okune, slated for November 2, 2024, at the Mayor’s Garden in Lira City, Lango sub-region, Northern Uganda. The spokesperson of the Lango Cultural Inst

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

Ultimate Uganda

Kinshasa puts Uganda House on notice over unpaid taxes

Kinshasa puts Uganda House on notice over unpaid taxes

The Anti-Fraud Brigade of Kinshasa City in the DR Congo have threatened to seize a commercial house, Uganda House, owned by the Uganda government in Kinshasa over non-payment of property tax arrears to the tune of $443,000. A source, who preferred anonymity because he has no authority to

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