Business •
11 Oct '24
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
09 Oct '24
The Uganda National Examinations Board (UNEB) has sounded an alarm after a significant number of Senior Four candidates risk being ungraded due to their schools’ failure to submit continuous assessment scores. Data from UNEB reveals that only 56% of the 4,166
Business •
09 Oct '24
The Anti-Corruption Unit of State House Uganda, in collaboration with the Criminal Investigations Department (CID) and the Office of the Director of Public Prosecutions (ODPP), has brought charges against two town agents and two leaders of the Parish Development Model (PDM) Savings and Credit Cooper
Business •
09 Oct '24
Uganda’s coffee exports to the European Union (EU) are expected to remain unaffected by the looming December 2024 deadline of the EU Deforestation-free Regulation (EUDR), according to Hon. Henry Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties). The mi
Business •
09 Oct '24
The Muhaire Education Trust Fund (METF) has called upon well-wishers and philanthropists to join it in funding the education of needy students across the country. Speaking to Daily Monitor yesterday, Dr William Tsimwa Muhairwe, the founder of METF, said this year the organisation was onl
Business •
08 Oct '24
The leaders of the Forum for Democratic Change (FDC) Katonga faction yesterday initiated the registration process for their new party, the People's Front for Freedom (PFF). The acting president, Mr Erias Lukwago, flagged off the collection of signatures from voters across the country.
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08 Oct '24
Previously, the prisons had more inmates on remand than the convicts serving their various sentences. But the trajectory has in the recent past since changed with now the convicts being more than those on remand. Statistics obtained from the Prisons show that there are 41,065 convicts, w
Business •
07 Oct '24
Transitioning from a corporate job to self-employment is bold and challenging. Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t
Business •
01 Oct '24
Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel