Business •
28 Sep '24
A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B
Business •
27 Sep '24
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
Business •
27 Sep '24
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu
Business •
27 Sep '24
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
Business •
26 Sep '24
When Linda Namugerwa, a landlord in Nakawa, Kampala, rented a two-bedroom house to a family of five, she didn’t anticipate the challenges that would arise. The family soon brought in additional relatives, swelling the total number of occupants to nine. Within a few months, the incr
Business •
26 Sep '24
President Yoweri Museveni’s decision to dismiss Dorothy Kisaka, the Kampala Capital City Authority (KCCA) Executive Director, her deputy David Luyimbazi, and the Director of Public Health, Dr Daniel Okello, over the tragic Kiteezi landfill collapse, which claimed 35 lives, marks an importa
Business •
26 Sep '24
The Ministry of Education has called on educational institutions to prioritise life skills training to equip adolescents with essential soft skills that will help them overcome challenges that could derail their education and health. Speaking at a symposium for the Adolescent Girls Educa
Business •
26 Sep '24
Kampala’s abattoirs are grappling with significant sanitation challenges that raise concerns about public health and safety. Uganda Meat Packers Limited (City Abattoir), one of the oldest and largest slaughterhouses in Kampala, illustrates the dire conditions faced by slaughter facilities in the c
Business •
26 Sep '24
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
Business •
26 Sep '24
Uganda Civil Aviation ( UCAA) has announced a partnership with the Uganda Aeronautical Information Service Officers’ Association ( UGAISOA) to organise this year’s Aviation Run scheduled for October 20, 2024.
The event will be organised at Entebbe Mayor’s Garden, and according to UCAA S