Business •
20 Sep '24
Government, under the Tourism Policy for Uganda, will seek to more than triple annual tourism earnings in the next 10 years. The policy, which forms the bedrock of governmentâs legal instruments, strategies, and plans for developing the tourism sector, indicates that in the 10 years
Business •
20 Sep '24
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc
Business •
20 Sep '24
The number of confirmed Mpox cases in the country has doubled in eight days, statistics from the Ministry of Health show. As of September 17, the cumulative number of confirmed cases reached 22, up from 11 cases recorded by September 10, the Ministry reported in an update on Wednesday ni
Business •
19 Sep '24
The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu
Business •
18 Sep '24
On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offloading briquettes made from bamboo trees. The workers are under Divine Bamboo Group Ltd founded by Ms Divine Nabaweesi.
Business •
18 Sep '24
A teacher at Moroto Core PTC is urgently seeking assistance from well-wishers to cover Shs74 million in medical bills incurred after his wife underwent brain surgery at Mengo Hospital to remove a tumor. Mr John Dokolem, who has been a tutor at Moroto Core PTC since 1992, shared that he h
Business •
18 Sep '24
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in
Business •
18 Sep '24
Governor Jeff Landry has confirmed the approval of a major disaster declaration for Louisiana by the White House. This declaration will provide federal assistance for various recovery efforts in the aftermath of Hurricane Francine, including temporary housing, home repairs, and low-cost loans to aid
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17 Sep '24
A section of election observers in Uganda has asked the government to speed up the process of coming up with a law regulating the commercialization of politics as the 2025/ 2026 general elections draw closer. The executive director of Alliance for Finance Monitoring (ACFIM), Mr Henry Mug
Business •
16 Sep '24
Members of Parliament from northern Uganda have tasked the government to fast-track the gazettement and development of key monuments and cultural heritage sites as an ingredient to spur the economic development of the region.