Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms. The move creates a new dimension, in which assets under management - especially by ins
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
Sean "Diddy" Combs used his fame as one of hip-hop's biggest names to coerce women into demeaning sexual acts as part of a long-running scheme of sex trafficking and racketeering, prosecutors said on Tuesday in bringing three criminal charges against him. Combs, 54, pleaded not guilty in
The Embassy of Japan on Thursday gave Uganda a grant of more than Shs1.3 billion to strengthen her emergency and disaster prevention systems. The funding is being availed under the Grassroots Human Security Projects (GGP), a scheme administered by the Embassy of Japan to support commu
A new climate report has shown that Uganda has been steadily warming for the past 40 years to date. The report released by the Uganda National Meteorological Authority (UNMA) looks at Uganda’s climate from 1950-2023, where Uganda has been warming at the rate of around 2.6 degrees Celsi
(Kampala) – Robert Kyagulanyi, aka Bobi Wine, has thrown down the gauntlet to President Yoweri Museveni. During a press briefing at the National Unity Platform (NUP) headquarters in Kavule on September 16, 2024, Bobi Wine responded to Museveni’s claim that NUP cheated by a cool one millio
(Jinja) – Uganda Revenue Authority (URA) officials have once again shown their unmatched talent for sniffing out dodgy dealings at the Jinja Nile Bridge checkpoint. But in typical Ugandan fashion, the plot comes with a twist that would make any seasoned Kampala boda boda rider proud. This time, th
The University of North Texas Health Science Center made a significant decision to cease accepting unclaimed bodies after an NBC News investigation uncovered alarming practices within the program. Sylvia Trent-Adams, the center's president, revealed this development in an email to students, faculty
According to the National Emergency Coordination and Operations Centre (NECOC), a loose outfit for disaster risk monitoring and profiling, in the Office of Prime Minister (OPM), large swathes of the Mt Elgon ranges are uninhabitable owing to susceptibility to a
One of Uganda’s leading political cartoonists Chrisogon Atukwasize, aka Ogon, has published his first collection of humorous and dramatic cartoons titled Drawing Attention. His body of work, spanning 194 pages, lampoons the mighty, powerful and ordinary citizens for their various misdeeds.
