Business •
26 Sep '24
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen
Business •
26 Sep '24
Hundreds of mourners gathered at All Saints Church in Mbarara to bid farewell to Jolly Mugisha, the National Unity Platform (NUP) deputy president for the western region. Mugisha passed away on Monday after spending four weeks in a coma at Mbarara Regional Referral Hospital. She was 63 years old.
Business •
26 Sep '24
Kampala’s abattoirs are grappling with significant sanitation challenges that raise concerns about public health and safety. Uganda Meat Packers Limited (City Abattoir), one of the oldest and largest slaughterhouses in Kampala, illustrates the dire conditions faced by slaughter facilities in the c
Business •
26 Sep '24
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
Business •
26 Sep '24
Alison Mary Akello, the former Miss Tourism Teso, departed Uganda on Saturday, heading to Lagos, Nigeria, where she will represent the country at the Miss Tourism Africa – International (MTA) competition. Akello, who handed over her crown in August to the newly crowned Miss Tourism Teso, Betty Aca
Business •
26 Sep '24
Kampala Lord Mayor Ssalongo Erias Lukwago has strongly warned those taking General Muhoozi Keinerugaba’s recent declaration that he was getting out of the Presidential contention to be ready for a heartbreak.
Muhoozi, who has for long been viewed as the most probable successor to President
Business •
25 Sep '24
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
Business •
25 Sep '24
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the
Business •
25 Sep '24
Kayunga District councilors have called for an investigation into what they described as unclear circumstances under which 62 primary school teachers were interviewed and given appointment letters yet the district officials had advertised 32 vacancies. During the district council meeting
Business •
25 Sep '24
A citizen has sued the government, challenging the alleged move to relocate Luzira Prison to Buikwe District in a bid to pave the way for a commercial investment. Mr Deus Arinaitwe has sued the Attorney General (AG), who is the chief legal adviser of the government, seeking orders and de