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Excessive govt local borrowing starves private sector of credit 

Excessive govt local borrowing starves private sector of credit 

A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an

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URA, BAT move to tighten noose against contraband boosts DTS

URA, BAT move to tighten noose against contraband boosts DTS

The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which

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Seven arrested over revenge attack after Lira businessman shot dead

Seven arrested over revenge attack after Lira businessman shot dead

Police in North Kyoga Region have arrested seven clan members in connection with a revenge attack following the death of Dickens Odongo, a local businessman in Lira City. Odongo was allegedly shot dead on October 29, 2024, by a private security guard deployed at Navroz Supermarket on Olw

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Rise of the poetic pretender

Rise of the poetic pretender

As soon as you write a single poem or perform a line of poetry, those assembled will immediately baptise you “a poet”.  And as sure as the spirit of Shakespeare seizes you like the enveloping heat on a summer’s day, you start calling yourself a poet too.  The tag catches on.

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Two Found Dead in Alebtong District, Police Investigate

Two Found Dead in Alebtong District, Police Investigate

The territorial police in Alebtong District have opened an investigation into the sudden deaths of two people: Adiyo Anna, a 46-year-old woman, and Ojobi Abel, a 51-year-old man, who was found unconscious. The incident occurred on November 4th, 2024, at an unspecified time in Oumo Village, Awori Par

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Who is elegible for Grow loans?

Who is elegible for Grow loans?

In August, women from as far as Jinja and Mityana districts, gathered at Hotel Africana for a knowledge-sharing day-long seminar for the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) grant.Vice President Jessica Alupo subsequently launched the project from the

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What API accreditation means for Ugandan firm

What API accreditation means for Ugandan firm

As competition intensifies and the demand for certifications and accreditations in the oil and gas sector grows, it has become essential for both companies and their workforce to obtain these credentials. Certification not only builds industry trust but also enables organisations to compete

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Key issues for voters in closest US presidential election

Key issues for voters in closest US presidential election

As Americans vote for their next president on Tuesday, the usual dividing line is often that of the party: Democrat vs Republican. But there are other issues that could play a decisive role in the mind of voters to choose between Vice President Kamala Harris and former President Donald T

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More cases of stroke among men at Soroti Hospital- expert

More cases of stroke among men at Soroti Hospital- expert

A senior physician at Soroti Regional Referral Hospital has expressed concern over the persistent number of higher cases of stroke among men that are being registered at the health facility for admission as compared to their female counterparts. Soroti Hospital Dr Wilson Etolu told Monit

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Coffee boom: The Backbone of livelihoods in Bugisu

Coffee boom: The Backbone of livelihoods in Bugisu

Samuel Wakinya, 59, a primary school teacher, embarked on growing Arabica coffee on a large scale in 2004 and has never looked back. Mr Wakinya, a resident of Bushika sub-county in Bududa District, earned Shs60 million from his 10-acre plantation last season. “For us in Bugisu, cof

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