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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s 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

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Continue engaging youth on internet governance

Continue engaging youth on internet governance

The 11the edition of the East Africa Internet Governance Forum (EAIGF) finally took place at Kampala Serena Hotel under the theme Building our Multi-stakeholder Digital Future for East Africa. The EAIGF brings together East African stakeholders to build a common understanding of East Afr

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Karuma Bridge closure: Unra deploys second ferry at Masindi port

Karuma Bridge closure: Unra deploys second ferry at Masindi port

The Uganda National Roads Authority (Unra) has added a second ferry at the Masindi Port to ease transport to northern Uganda ahead of the planned closure of the Karuma Bridge, scheduled to begin on September 23. The Unra media relations manager, Mr Allan Ssempebwa, said the new ferry wil

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'Rolex' and other East African terms added to Oxford Dictionary

'Rolex' and other East African terms added to Oxford Dictionary

Kitu Kidogo, Panya Route and Rolexand other words from parlances in East Africa are the latest entrants into the Oxford English Dictionary. Kitu kidogo is a Swahili word for money offered or accepted as an inducement or bribe while panya route is a secret path or roundabout route, esp

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Ugandans choosing MDIs over banks, UMRA reveals

Ugandans choosing MDIs over banks, UMRA reveals

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

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Only 10 percent of govt projects are on schedule, NPA report says

Only 10 percent of govt projects are on schedule, NPA report says

Enforcement of publicly funded projects and related investment is underperforming, according to National Planning Authority (NPA). The NPA assessment report further discloses laxity in the manner in which development projects, the majority of which are funded by international partners an

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Coffee farming gaining traction in Bukedi region

Coffee farming gaining traction in Bukedi region

For decades, Bukedi sub-region in Eastern Uganda was primarily known for cotton cultivation. However, fluctuating prices led farmers to abandon cotton in search of more viable alternatives. During the launch of the Bukedi Strategic Development Plan, leaders outlined coffee and cocoa as c

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Teenager arrested after aborting twins

Teenager arrested after aborting twins

Police in the Kiira region have confirmed the arrest of a 15-year-old girl from Budondo Ward in Jinja City for allegedly procuring an abortion. The juvenile suspect is currently detained at Budondo Police Station, awaiting prosecution. She reportedly had been seven months pregnant with t

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EOC urges government to stop funding schools charging high fees

EOC urges government to stop funding schools charging high fees

The Equal Opportunities Commission (EOC) has asked the government to stop funding top schools that continue to charge excessive school fees. Ms Susan Nambatya, the EOC research associate, who yesterday spoke at the release of findings of a study on fees charged by government and private

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EAC court resumes operations after 4-month break

EAC court resumes operations after 4-month break

The East African Court of Justice (EACJ) kicked off its September session in Arusha this week after taking a break since May due to lack of funding. The judges started working on September 16, hoping to clear a backlog of cases by October 11. “Due to financial challenges, the cour

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