Business •
04 Oct '24
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann
Business •
04 Oct '24
The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average lifespan increasing from 63 to 68 years between 2014 and 2024. The report also reveals declines in child and mate
Business •
04 Oct '24
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som
Business •
04 Oct '24
There was drama on Thursday morning at Nakatuli Primary School in Galilaaya Sub-county in Kayunga District when angry teachers and pupils attacked and chased the head teacher away from the public school over ineffectiveness. School management committee member Joel Kayira told Monitor t
Business •
02 Oct '24
MPs were left in shock after learning that the Uganda People’s Defence Forces (UPDF) mismanaged Shs29.8 billion allocated in August 2022 for a food production initiative aimed at addressing food insecurity caused by the COVID-19 pandemic and the Russia-Ukraine
Business •
01 Oct '24
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur
Business •
01 Oct '24
Four police officers attached to Lolwe Police Station in Bukhooli Islands, Namayingo District are being investigated after a pastor who was being held on allegations of aggravated defilement escaped from custody on September 29. Pastor Jimmy Masette, 42, of Vision Way of Truth Church at
Business •
01 Oct '24
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option
Business •
01 Oct '24
The High Court in Kampala has referred a human rights application that was filed by Busiki County, Namutumba Member of Parliament Paul Akamba to the Constitutional Court for determination. In his application, Mr Akamba who is accused of seeking for 20% kickback from the chairperson of U
Business •
01 Oct '24
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€