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Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

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

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Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

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

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Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

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

Ultimate Uganda

On contraceptive misuse among university students

On contraceptive misuse among university students

Health education  Nowadays, emergency contraceptive pills (ECPs) are increasingly being used as “a daily meal” by young women, especially in universities, as a means to prevent unintended pregnancies. These pills are designed to prevent pregnancy after unprotected sex, typically within

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US to donate 1 million mpox vaccine doses to halt outbreak in Africa

US to donate 1 million mpox vaccine doses to halt outbreak in Africa

U.S. President Joe Biden announced on Tuesday the donation of 1 million mpox vaccine doses and at least $500 million to African countries to support their response to the outbreak. Biden made the announcement at the United Nations General Assembly in New York, and called on other countri

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The new Ugandan tribes. How cool?

The new Ugandan tribes. How cool?

Over a year ago we reported on what we called the “new Ugandan tribes”, good people who have formed social, cultural, economic, and philosophical communities around a set of experiences, values, and organising that didn’t exist in strong ways until about 10 years ago. Or they could be

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Chapter 8: The girl child has seen days

Chapter 8: The girl child has seen days

Previously on The Girl Child Has Seen Days…. The Kyayisewas have decided that they have to fire GC after she threw Edith’s clothes in the garbage. But GC doesn’t know this. She clocked out and went out partying before the news could be delivered.  Now it is time to face the boss…Fi

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How EU rule will change coffee sector

How EU rule will change coffee sector

The blanket regulation by European Union (EU) compelling farmers to prove that they did not contribute to deforestation before growing the produce has a massive potential to disenfranchise the entire coffee sector value chain with the smallholder farmers—who are the majority producers, bea

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How vegetable farmers can use new digital system to boost global competitiveness

How vegetable farmers can use new digital system to boost global competitiveness

Ugandan farmers and exporters have been urged to adopt a new digital traceability system, to enhance the tracking of fresh produce from farms to Entebbe International Airport. The developers of the system, Re-engineering of Uganda's Sanitary and Phytosanitary Inspection of Horticulture E

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Tayebwa lauds China for boosting Uganda’s economy

Tayebwa lauds China for boosting Uganda’s economy

The Deputy Speaker of Parliament, Mr Thomas Tayebwa, has commended the government of China for contributing to the development of Uganda. Mr Tayebwa said the two countries have continued to enjoy and consolidate the good relations in diverse fields, including political, technical, invest

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