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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Ford Raptor: The king of off-road performance

Ford Raptor: The king of off-road performance

When you look at the Ford Ranger Raptor from the outside, one of the things you will notice is its wide body. The Ford Raptor has a built-in Ford engineering performance that sets it apart from the other Ford pick-up trucks. This, David Mukiibi, a car dealer, says partly explains why the Rap

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Defying norms: Nakasongola women take to the waters

Defying norms: Nakasongola women take to the waters

It is a cloudy day over Lake Kyoga. At midday, four women, oars slung over their shoulders, slowly walk through Zengebe Mayinja Landing Site, making their way to the lakeshore. The landing site is one of the six found in Lwampanga Town Council in Nakasongola District.  The women are all

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Uganda loses Shs4.4 trillion to un-commercialised waste

Uganda loses Shs4.4 trillion to un-commercialised waste

The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen

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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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Councilors approve new market rates for Soroti City market

Councilors approve new market rates for Soroti City market

Soroti City councilors have approved new rental charges for Soroti Central Market, aiming to resolve ongoing disputes between city authorities and vendors. During a special council meeting at city hall today, councilors agreed that vendors should begin paying the new rates to generate re

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EOC urges government to stop funding schools charging high fees

EOC urges government to stop funding schools charging high fees

The Equal Opportunities Commission (EOC) has asked the government to stop funding top schools that continue to charge excessive school fees. Ms Susan Nambatya, the EOC research associate, who yesterday spoke at the release of findings of a study on fees charged by government and private

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Game-changing tech products for plant care

Game-changing tech products for plant care

In many homes, incorporating greenery is a valued aspect of interior and exterior design, whether it is a stylish monstera on the deck, herbs thriving in benchtop planters, or a mini vegetable garden. However, not everyone has a natural aptitude for plant care. Fortunately, advancements in t

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Teacher fights for wife’s life while struggling with mounting medical costs

Teacher fights for wife’s life while struggling with mounting medical costs

A teacher at Moroto Core PTC is urgently seeking assistance from well-wishers to cover Shs74 million in medical bills incurred after his wife underwent brain surgery at Mengo Hospital to remove a tumor. Mr John Dokolem, who has been a tutor at Moroto Core PTC since 1992, shared that he h

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NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week.  NSSF managing director Patrick Ayota said at a news conference in

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