The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
The government has decided to fly the body of the late Rev Fr Damian Grimes, the former long-serving head teacher of Namasagali College from the United Kingdom back to Uganda ahead of burial at the weekend. According to the tentative burial program released by the alumni of Namasagali C
An Egyptian warship has delivered a second major cache of weaponry to Somalia including anti-aircraft guns and artillery, port and military officials said on Monday, in a move likely to stoke further friction between the two countries and Ethiopia.Ties between Egypt and Somalia have grown th
In a world where pumpkin spice lattes reign supreme, it's easy to see why this flavor has become a billion-dollar empire. From its origins to its unforgettable scent, let's delve into the secrets behind pumpkin spice's massive success.Recreating the Triumph of Peppermint Mocha Starbucks' ico
The National Unity Platform (NUP) deputy president for Western Uganda, Jolly Kyomugasho Mugisha is dead, the party leadership has announced. "Itâs with great sadness that I announce the passing of Hon. Jolly Mugisha, the National Unity Platform Deputy President for Western Uganda," t
In a world where diverse cuisine and health-conscious choices reign supreme, white wines are quickly becoming the go-to option for consumers seeking lighter and fresher wine selections. The Rise of White Wines: Napa Valley, known for its robust reds, has recently sparked a love affair with white wi
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
Recent reports that the Ugandan government is investigating the issuance of diplomatic passports to ordinary citizens are both alarming and necessary. Diplomatic passports, meant to facilitate official state business abroad, should be granted to a select group of individuals with specific ro
Whenever President Museveni denounces Idi Amin, labelling him an 'idiot', it rekindles debates about the parallels and contrasts between these two prominent figures in Uganda's political history. Amin has globally been clustered in a band of brutal leaders like Adolf Hitler who was the maste
The United Nations peacekeeping mission in the Democratic Republic of Congo, Monusco, will not exit the country by December 2024. UN Undersecretary-General for Peacekeeping Operations Jean-Pierre Lacroix, who visited the Congo this weekend, said that December 31, 2024, which was supposed
