Business •
06 Oct '24
There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim
Business •
06 Oct '24
Uganda’s first son and miliary chief Gen Muhoozi Kainerugaba has told America’s ambassador William Popp to apologize to veteran President Museveni or depart the East African country, escalating diplomatic tensions between the countries.
Business •
04 Oct '24
The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arrangements to enable the Fund to pay their protected deposit up to the limit of Shs10m. Â Speaking during the Makere
Business •
04 Oct '24
The Ministry of Energy and Mineral Development has tasked Uganda Electricity Distribution Company Ltd (UEDCL) to fix glitches facing the distribution of power in the country. In a statement delivered by Dr Patricia Litho, the assistant commissioner for communications at the Ministry of E
Business •
04 Oct '24
Convenience and Safety Through Cashless Payments Ugandaâs digital economy transition is accelerated by MTN MoMoâs innovative approach. By collaborating with platforms like School Pay, MTN MoMo has created a seamless payments marketplace where parents can pay school fees from ho
Business •
04 Oct '24
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann
Business •
04 Oct '24
A number of questions have emerged following the release of the National Population and Housing Census 2024 final results by the Uganda Bureau of Statistics (Ubos). This was after the bureau issued contradicting statistics of Acholi and Bagisu population. According to the 2024 result
Business •
04 Oct '24
The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate
Business •
04 Oct '24
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
Business •
04 Oct '24
The Game of Thrones television series made some large changes from the books. George R.R. Martin was only heavily involved in the first