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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the oversea market, according to the Uganda Coffee Development Authority (UCDA). The monthly UCDA coffee report for August r

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Bobi Wine’s deputy dies at Mbarara hospital

Bobi Wine’s deputy dies at Mbarara hospital

The National Unity Platform (NUP) deputy president for Western Uganda, Jolly Kyomugasho Mugisha is dead, the party leadership has announced. "It’s with great sadness that I announce the passing of Hon. Jolly Mugisha, the National Unity Platform Deputy President for Western Uganda," t

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Let diplomatic passports be for the right people

Let diplomatic passports be for the right people

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

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Harris pushes for second debate while Trump declines

Harris pushes for second debate while Trump declines

U.S. Vice President Kamala Harris is pushing for a new debate next month as the November 5 election nears, while former President Donald Trump is declining, citing the start of early voting in some states. On Sunday, Harris urged Trump to accept a proposal to debate on CNN on October 2

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The legacy of Kato Lubwama: A journey of art and identity

The legacy of Kato Lubwama: A journey of art and identity

Conrad Saabwe Lubwama, born on June 6, 1998, carries the weight of his father’s legacy while etching his path in the creative industry. His father, the late Paul Kato Lubwama, was a multifaceted entertainer whose influence shaped Saabwe's childhood and ignited his passion for the arts.DM b

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UAHEB reports improved performance in 2024 Allied health exams

UAHEB reports improved performance in 2024 Allied health exams

The Uganda Allied Health Examinations Board (UAHEB) has noted an overall improvement in the performance of candidates in the June 2024 final exams. While presenting the 16th series of final semester examination results at the UAHEB office in Kyambogo, Kampala, yesterday, the board’s ex

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Mao calls for improved democracy, urges Ugandans to drive change

Mao calls for improved democracy, urges Ugandans to drive change

Justice and Constitutional Affairs minister, Mr Nobert Mao, has warned that the state of democracy in Uganda is unsatisfactory and called on citizens to demand for better. Mr Mao made the comments yesterday at an event to mark the International Day of Democracy hosted by the Swedish emba

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Louisiana's wild horses may have roamed Kisatchie Forest for centuries, but is this the end?

Louisiana's wild horses may have roamed Kisatchie Forest for centuries, but is this the end?

In Vernon Parish, a herd of wild horses has roamed the Kisatchie National Forest for years.Some people speculate that the horses have been there for centuries. And as far as the horses were concerned, the 48,000-acre forest in which they roamed was their habitat. After all, the Vernon Paris

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Govt turns to domestic financiers to close gaps created by reduced external borrowing

Govt turns to domestic financiers to close gaps created by reduced external borrowing

The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom

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